GMX Looking for SupportGood pump today that is currently being sold into. I believe there is a good chance of retracing to the 12H support neckline for the retest and a good buy opportunity.
GMXUSDT trade ideas
GMX - Bullish TriggerResistance in red zone. Support in green. Right now we're crabbing between zones.
- If it closes 4h candles above resistance, it's poised to run to new ATHs.
- If it closes 4h candles below support, it probably drops to new local lows.
long GMX$GMX is bouncing off the support level. Bullish trend is expected to continue and reach the resistance at 58.68$
GMXUSDT Inverse Head and Shoulders target $86GMX recently broke out of an Inverse Head and Shoulders, a pattern that technically starts bullish reversals. Based on the RSI, one last pull back to the 1D MA50 isn't out of the question but it is highly probable to see GMXUSDT at $86 (2.0 Fibonacci) by the end of the year.
Follow us, like the idea and leave a comment below!!
GMX: Sideways ChannelTrade setup : Trading in a Sideways Channel ($30-$60). Swing trader: Enter near support at $30 and Exit near resistance of $60. Trend traders: Wait for a breakout above $60 to signal Uptrend resumption. Our own fundamental research recently highlighted GMX as a big beneficiary of FTX fallout.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $30. The nearest Resistance Zone is $50, which it broke, then $60.
GMXIdea: The price is in the overbought zone (candle color). A lot of bearish signals have been formed. High probability of price correction to the POC level and the last 50 MAs
GMXUSDT | BREAKOUTGMX has broken above the strong horizontal resistance on daily time frame.
The bulls need to hold above the breakout zone.
The bulls are in control.
Manage tour levels accordingly.
short GMX$GMX is bouncing off the resistance level. Decline to support level at 36.96$ is likely to happen.
GMX Falling wedge breakHello everyone,
I hope all is well for you,
Today, idea for GMX,
Falling wedge break, possible retest of the down trend before a pump.
BTC can down at every moment, so care, low leverage and risk management. Keep eyes on DXY (last idea)
• Target are resistances.
• You can put an SL under the big support.
Have a nice evening and week-end Trading view community.
GMX ideacurrenly we broke the trend line on daily chart...
Major support at @33,
if price fail to hold.. we might see price hit @27 - 24 demand zone! hopefully we get a relief bounce from that zone!
eyes on price actions, daily candle close within key areas will determine potentials entries!
GMX.Usdt (Y22.P4.Video1).Bullish move...what nextHI Traders,
In this video, I show my macro perspective and work through what are strong levels of support and resistance.
Don't miss this if your interested in going long to take profit.
All the best,
S.SAri
long GMX$GMX bounced off the support level and the bullish trendline. Rise to resistance level at 57,62$ is possible.
GMX heading lower Cup and Handle formation Cup and Handle formed on Daily.
Broken below Brim level $39.11
Target $21.44
GMX.Usdt (Y22.P3.E1).Livermore targetHi All,
GMX is one of those I'm looking to get the bottom for accumulation and go long.
For now, we have made a top to only pullback like #OP to a base accumulation range.
With a ABC correction, we could have a breakout descending wedge trade very much in like a rise wedge breakout entry.
Note how its aligned with the Livermore (broadening wedge) structure.
Please give me a like and share,
All the best,
S.SAri
GMXLooking at GMX, it has been in an upward trend for a few months now a good coin with potential. With recent world events i am looking for a pullback if it ends up making this new lower high. target of close to 0.618 retracement.
GMX I can see alot of hype being generated on this project, which is among my watchlist also, but lets be real its a bear market for every 50% rise from an ALTcoin you expect alot of profit capitulation, so i'm for the meantime bearish and bullish overall as this project will stand out different and hopefully will do well next bull season
