descending channel break out to the upsideThere are multiple ways you can trade descending triangles. Now, each method will require a different trading style and preference, so you will need to see if one or any of these approaches work for your trading style.
Breakout to the Upside
A breakout to the upside means there is a possible shift
Trading activity
Transactions
Volume
Traders
No news here
Looks like there's nothing to report right now
Long GMXArbitrum is the best current eco and gmx one of the best applications in defi and the GMX/ETH pair looks really bottomy. Plus arbitrum airdrop would send this like crazy.
GMX outperformsGMX outperforms ETH as non custodial perp trading solutions and real yield remain in the narrative.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy