GMX has been trading within a significant horizontal range since May 2023, experiencing rebounds from both the lower and upper boundaries. The recent attempt to break out and subsequent sharp decline raises the possibility of a retest of equal lows around $42. Anticipating this retest and observing liquidity dynamics could provide insights into the potential for...
🧠Graphically we can see that a smiley face bullish structure is established. From a structural point of view, we have successfully broken through the short defense point, which means that the short structure has been destroyed, which means that we will continue to maintain the power of the bulls. If there can be another correction, it will be a good opportunity to...
💎 GMX has been garnering significant attention in the market recently. At present, GMX is positioned at a support level, which previously acted as resistance. Observing the current trend, GMX maintains a bullish pattern, characterized by forming higher highs and higher lows. 💎 For GMX to continue its upward trajectory, it’s crucial to witness a strong bounce...
Trading idea! GMX - Reversed head and shoulder! If the pattern play out I see a potential 40% trade Critical level 56.5 - a weekly close above should be a good entry point... but In this case I don't see any problem to try to find a entry on lower time, 4h/D, with adjusted stop loss according to that. Wait for a successful retest in the area close above 56.5
Aths probably next week with how eth and Arbutus are going Highest volume dex perp on Arbitum Also on avax Good projec Will send..
i have shown the exact price reach and the tp and sl ... if price reaches to the exact district i guess its gonna pump to the TP i have thinking of . this is not a trading advice... do whatever you want to do on your own risk . if you enjoyed you know what to do :D
Aths soon... Obv already there Arbs been pushing and this coins the largest perp dex on arb so
HM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum. - Support at Zone @ 53.38-58.04 It is potentially trending up higher with increase of strength and momentum.
I think it's obvious what GMX is doing. Closing candle above 59.5 will be huge confirmation but closing where is it now is fine too. I will be Taking Profits at those green lines.
Long GMX Entry - from current price level (around 39). TP1 - 50 (30%) TP2 - 55-56 (50%) TP3 - 70 (20%). Technical analysis. 1/ Capitulation on 17, Aug on decent volume (low - $28) 2/ Failure of printing new lows below $28. Weakness on downward movement with no significant volume resulting in failure to print new lows below $28. That's the point where one...
GMXUSDT Technical analysis update GMXUSDT has formed an inverse head and shoulder pattern on the daily chart. With the price breaking its neckline, this suggests a potential bullish signal for GMX. Buy zone: Below $55.50 Stop loss : $48.75 Take Profit 1: $60.50 Take Profit 2: $72.00 Take Profit 3: $90.00 Thanks Hexa
Possible selloff from $85.71 zone. Looking from a wider view, you can see that we are structurally due for a retracement to $35 zone which also mean that $35 down to $25 is a good buy zone for a ride up to $75.
gmx sells until $35 then massive pump back up, structural idea
After breaking the weekly ceiling, JMX is in a very good place and can grow well. You can make a good purchase in two steps.
GMX/USDT Direction: Long and Spot Entry: 42.5 - 47.5 Targets: Tp1: 48 Tp2: 50 Tp3: 60 Tp4: 70 Tp5: 80 Stop Loss: 40.13
We follow our TA and the Chart. from the chart we can see we are in a channel and once it confirms the direction we are fine to get our profits done. Tradehubng
GMX as a beta arb ? Just a normal play for dex perp narrative. You sell 80% your spot on resistance and take leverage on the 20% left to keep same exposure.
The description is in the title. It has had a nice weekly consolidation and is sitting on the weekly EMA's. Time to move for this one I think.