GMX shortGMX broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 68 is possible.
GMXUSDT.P trade ideas
GMX IMPULSE AND CORRECTION MOVEMENT!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GMX WHAT'S NEXT!
As we can see price is still overall bullish from a long-term perspective, trading inside an outer bigger channel,
Moreover, price is clearly making big impulses then small corrections.
Meanwhile, and for now price is still trading inside this channel and for the bears to kick in we need a break below the marked swing low.
Then as the price will be approaching the lower rising trendline we will be looking for new bullish movements.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
NEW ATH FOR GMXPossible forming a new ath for this coin GMX as it will be moving on to its recent resistance to perform a double top bottom, and a plan sell for this strategy to creates another new lower low.
Trade Responsibly.
GMX IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GMX symbol.
If it stabilizes on the red range, the target for wave E will be HKEX:102 -115-126.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
short GMXTSX:GMX bounced off the resistance level. Decline to support level at 75.4$ is likely to happen
GMX STILL BULLISH!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GMX WHAT'S NEXT!
As we can see price is still overall bullish from a long-term perspective, trading inside this channel,
Making clean higher highs and higher lows.
So for now, as the price will be approaching our rising trendline we will be looking for new longs as a trend continuation.
And for the correction to start we need a break below the marked swing low, then a movement lower would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
GMX Big Bullish TriangleThe coin continues to have an upward trend. On the round number 80, a level was formed with a few touches and an ascending triangle, gradually getting closer to the level.
#GMX Waiting for return in Price areaYou should wait for the return to the range of 74 to 76 so that if the trend reversal is confirmed in the price zone, you will enter a buy position.
Profit Potential Ahead: GMX/USDT Chart Analysis Anticipates UpwaProfit Potential Ahead: GMX/USDT Chart Analysis Anticipates Upward Breakout After Brief Dip:-
Greetings traders,
I would like to share my analysis on the #GMX/USDT chart with you all. As of now, the price is hovering around $75.35, and I am anticipating a slight downside move before witnessing an upward breakout.
My first entry point for this trade would be around $71, with a second entry point of $77 following the breakout. I have set my targets at $81.30 and $85, respectively, with a stop loss placed manually at $70 after the entry is filled.
It's essential to note that trading involves some level of risk, and it's crucial to perform your due diligence and assess your risk tolerance before entering any trades.
In conclusion, I believe there is potential for profits to be made in this trade, and I encourage you all to keep an eye on the GMX/USDT chart for any potential trading opportunities.
GMXUSDT APRIL looking promising Ethereum Shanghai is releasing on April 12th and the perpetual DEX narrative seems like is catching eyes for ARPIL. Iiquidity pools will be hotter later this year.
"Ethereum Shanghai" is currently the hot topic in cryptocurrency space with such update, now what is "Ethereum Shanghai" all about?
-As we all know, "Ethereum Merge" update took place earlier in September 2022 and switched the mining process of Ethereum from PoW to PoS. With PoS thousands of investors were able to stake their precious ETH for 3-6% yearly staking rewards, all they were required was 32 ETH initially to stake and lock their ETH for a couple months without being able to move them.
Now, with "Ethereum Shanghai" investors will finally be able to withdraw their precious ETH. So to sum things up, "Ethereum Shanghai" is the upgrade that will allow investors to withdraw the money they are staking.
What will this mean for the price of Ethereum?
- Users have been staking ETH since December 2020 in the Beacon Chain to help secure the exchange by earning rewards. It is thanks to the "Ethereum Shanghai" upgrade those investors will be able to move their money now. It is not necessarily a bearish scenario for Ethereum's price to go down as a result from investors withdrawing their money. However, investors are speculating that Liquid Staking Derivatives(L.S.D :memes_laugh_elon: ) like Lido, Rocketpool, and FXS are going to start attracting all of that money as their staking rewards are seemingly more attractive and offer the option to be able to withdraw their money at any given time.
QUICK SHORT GMX ON M15Hi everyone, Please hit the like button or leave a comment if this can make you some money.
ENTRY - TAKE PROFIT & STOP LOSS ON CHART.
Unstake Your GMXGMX will fall to 60ish range, probably bounce between my rainbow myriad of lines, then go down :))) You should buy around 52 - 60 !
short GMX$GMX bounced off the resistance level. Decline to support level at 62.14$ is likely to happen.
#GMX $gmxusd volume profile bullish, last S/R 81$In the last few days we have seen an interesting development in #GMX, which can indicate a potential bull pattern. The S/R zone showed that the last important support area is at $81. Does it mean that the price cannot fall below $75.50? What if the bitcoin falls? Right now the price and trading activity are trying to form a triangle formation. What do you think, can we expect a huge breakout above the triangle?
give me your opinion!
GMXUSDT Consolidating Bullish Breakout Price managed to break clearly above 60 USDT and it has been consolidating the breakout for the last weeks.
Most likely scenario is bullish (1), with the upper band of the channel projecting GMX above 200 USDT.
In the short term, keep an eye on 58,31 USDT level as it could activate the bearish scenario (2) if it was lost and significant volume was printed below it.
GmxusdtHonestly expecting something like this to happen over the next 12 months at some point
If btc rallies to yearly highs, already happening?
Then the preceding crypto narrative globally would see some retail speculation return to the alt market
The most clear fundamental narrative to me is still perps on dexs and this one is the cleverest staking mechanism meaning less gmx on the market driving price up.
Expecting a bug market cap markup on this project coming into next bull cycle/ bear market outlier?
GMX Road to ATH ?This is my trade idea. I tried making it as clear as possible. Drop any questions down below.
GMX shortGMX broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 50 is possible.
GMXUSDT -BULLISH Harmonic Bat🦇 +30% TPHi Traders, Investors and Speculators of the Charts 📈📉
Harmonic Bat Patterns or Cypher Patterns are a great way to setup a trade, if you can spot them . They are generally hard to spot, but plotting one out gives you a clear entry, stop loss and three TP (take profit) levels. GMXUSDT is already past the entry and the first TP, but TP 2 and TP 3 are still possible.
Here's a little bit more info on what to look out for on a Harmonic Bat Pattern :
And if you're looking for a quick masterclass on Harmonic Patterns bullish and bearish, find it here :
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CryptoCheck
Gmx Still Looking goodSeems Like getting Ready For another Bounce
Forming Bullish Flag In h4 timeframe
Incase Of Breakout expecting Another 30 to 35% bullish Move
GMX Short TermPublishing my chart for GMX to track the price action for the next few days. I wanna see if it falls into the blue zone after falling out the wedge.
