Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
GMX recently rebounded from its lower support trendline and is gearing up for a potential rally toward $40+.
The 21 MA is acting as temporary resistance, and once GMX breaks through this, it is likely to test the upper resistance at $45.
- Entry range: $22 to CMP. - Close Position: If it breaks down below $22. - Short-term Target: $42 to $58. - Mid-term Target: $58 to $72. - Long-term Target: $71 to $91.
DYOR, NFA.
Smash the like button, share it with your crypto enthusiast, and follow for more updates.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.