GMX is bullish today
We have some buy signals with an uptrend
This coin was been sleeping until now..
My brother has it and he was upset that it doesnt move :))
Take Care !
🔍Today the market is taking a breather, and the analysis focuses on the coin GMX, which has broken the line at $54.01 from our previous analysis, triggering a 23% short position. Currently, it's testing support at $44.24, having faked out once and reacted twice.
✅If you opened a short position at $54.01 and haven't taken profit yet, I suggest closing a small...
🔍Today is Sunday, marking the end of the week and typically low trading volume. Hence, we'll analyze the weekly timeframe for Mana against USD for potential insights. On this timeframe, Mana has reached a supply zone, evidenced by a bearish engulfing candle. However, the current candle is showing signs of buyer strength.
📈If this candle closes bullish, we can...
The GMXUSDT trading pair is displaying initial stages of an Elliott Wave formation, characterized by leading diagonal structures, with the completion of the Wave 1 to Wave 2 sequence.
The price is currently forming a robust bullish continuation pattern, identified as an Inverse Head and Shoulders (IH&S), with the pattern's price target indicated on the chart....
💎Paradisers, prepare for an engaging trading opportunity as #GMXUSDT shows signs of an upcoming pivotal move. The market dynamics indicate a strong push from a crucial demand level at $58.88, with the price aiming to breach a significant supply zone. Our strategy hinges on confirming this transition from supply to demand before making our move.
💎Targets...
💎 Paradisers, turn your attention to #GMXUSDT as we gear up for a potential bullish shift. It's currently challenging a key resistance, hinting at a possible change in direction.
💎 #GMX is on the brink of breaking through its resistance at $49.89. If it manages to push past this level and keep up the momentum, there's a high chance we'll see it embark on a...
🔍In the 4-hour timeframe, GMX exhibits a clear ascending trendline providing consistent support, yet to be breached. It once faked out the trendline, followed by higher lows, demonstrating resilience and breaking the resistance at 59.2 with conviction.
📈Following the break, two significant red candles with substantial volume are observed, serving as potential...
GMXUSDT is poised for a retest of a critical resistance level on the weekly chart at $59.3517. This resistance zone has been tested seven times on the daily chart, with the last two attempts accompanied by decent buying pressure.
Technical Analysis:
Resistance: $59.3517 (Weekly)
Support: $40.1870
Volume: Increased buying pressure on recent touches...
GMX is going up after the pullback
🔵Entry Zone 54.75 - 57.19
🔴SL 50.74
🟢TP1 62.09
🟢TP2 72.10
🟢TP3 89.48
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your...
Let's dive into analyzing this currency on the four-hour charts and prepare for future positions. 🤝
Currently, this currency is still in its parabolic movement on the four-hour chart, indicating an upward trend. It has recently reached a weekly resistance level of around 59.05. 📈
Breaking through a weekly resistance level usually signals a reliable upward trend...
GMX has broken above the channel, after the pullback it will continue the trend
🔵Entry Zone 53.44 - 55.45
🔴SL 50.33
🟢TP1 59.28
🟢TP2 66.84
🟢TP3 74.88
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you...
It is moving in an ascending channel, which after forming a floor at the bottom of the ascending channel and exiting the corner, it is moving towards the supply area and the $50 range. If it breaks the $50 area, the path will be opened to continue climbing to the next range and the ceiling of the channel.
🟩Sup: 43.80 - 45.30
⛳️Tp 1:50 - 53
⛳️ Tp2 : 56.20
⛳️ Tp3...
💎Paradisers, let's focus on #GMXUSDT, where current market signals hint at a potential bullish turnaround from a vital support region.
💎A review of #GMX's latest trading data reveals a significant 70% retracement from its recent high. However, the steadfastness at the $43.19 support level suggests a window for an upward trajectory.
💎The journey to surpass...
In my eyes, it seems like GMXUSDT is in for its own bull market. Follow me here on trading view if you want my entry FOR FREE on time. I will be posting analysis of all my other high conviction plays that will make me thousands in 2024 on my trading view profile.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GMX symbol.
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
