#GXS/USDT quick 1DAY update.Welcome to this quick GXS/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-Hello mate welcome to our GXS/USDT quick 1DAY update.
As we can see in this chart GXS is currently trading upside to the triangle pattern which is a bullish pattern and Retest complete
In the current scenario GXS/USDT strongly holds the 21 MA (moving average) which is near the $1.6635 mark.
Whenever GXS/USDT holds the 21 MA it becomes bullish .
MACD (moving average convergence divergence) also shows bullish crossover.
Entry:- CMP and $1.5360
$1.7332,
Traget:-400%
Stoploss:-$1.3920
with leverage 5x to 10x
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Gxsanalysis
GXS UsdtThe middle median channel can be a suitable area for the stop loss.
If the channel is not broken, we can use the previous harmonic pattern as a guide and predict future targets.
Accordingly, the areas I have indicated with yellow dots will correspond to the old resistance points.
Note: This is not investment advice.
