UNDERSTANDING THIS ONE THING IN THE CRYPTO INDUSTRY WILL BE YOUR TURNING POINT!
OUR WAY TOO AMAZING TRADE FOR #GMX! THIS IS WHAT BEING NONCHALANT IN THE CRYPTO MARKET WILL PROVIDE!
After we have outlined the 23.30 key level of GMX. We were able to attain an optimal position that has yielded a 14.68% profit with 2.1 risk-reward ratio for us. Knowing GMX has already positioned itself below its previous major support that held its price from 2022-2023. We are now looking forward to scope the potential key levels that it will visit after it will be tagged as extremely oversold. We do believe that the selling pressure is continuously diminishing albeit we are not ruling out a possibility of taking another lowest possible price for this year or the upcoming years. Until GMX is ready for another markup phase.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
