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GMX / TetherUS

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GMXUSDT trade ideas

GMX is bearish in this bullish marketAfter completing wave E of the big triangle above, which I marked with a red arrow, we have entered a large pattern consisting of wave A and B. Wave A is a diametric wave and wave B is a triangle, and now we are in the last wave of the triangle. I expect wave C to start a downward spiral soon. 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
by behdark
GMX USDT By HesamUNT ( New update )hey traders we got the rejection from daily and Weekly Swap and broke down the short and mid-term Demand zones also we had potential demand zone at daily TF around 39-43 $ and PA confirmed this lvl so many times Now we break it down and price still playing below this zone so i can take it as a potential Swap and resistance area in next touches and working as a supply zone in higher TF Chart. also this Swap confirmed by Long-term short scenario fib EXT and EMA 200, EMA 50-200 still bearish in Weekly Daily 4H TF, but we have bullcross in 30m and 1H TF thats why we can expect some buy pressure around 30$ to the 39$ which is our Supply zone and swap and fib areaa what u think ? share ur chart and leave a comment
Short
by HesamUNT
GMXUSDT - Trade SetupThe initial trade suggests a long position on GMXUSDT with an entry range between 31.53 and 32.30. For risk management, set your stop loss at approximately 6% to 8% of the trade value. The risk-to-reward ratio for this trade is 1:5, making it potentially profitable. However, it's important to monitor smaller timeframes for continued higher highs, as the 1-day timeframe currently shows a bearish trend. Your target for taking profit should be around 45.
Long
by MaximumCryptoSignals