The GMXUSDT trading pair is displaying initial stages of an Elliott Wave formation, characterized by leading diagonal structures, with the completion of the Wave 1 to Wave 2 sequence.
The price is currently forming a robust bullish continuation pattern, identified as an Inverse Head and Shoulders (IH&S), with the pattern's price target indicated on the chart.
Additionally, the projection for the culmination of the current Wave 3 is also delineated. The designated accumulation zone on the chart represents an opportune area for initiating long positions.
As always, it is prudent to engage in trading with due diligence, implementing a suitable stop-loss strategy to manage risk effectively.
We welcome your engagement with our analysis in the form of comments and likes.
The price is currently forming a robust bullish continuation pattern, identified as an Inverse Head and Shoulders (IH&S), with the pattern's price target indicated on the chart.
Additionally, the projection for the culmination of the current Wave 3 is also delineated. The designated accumulation zone on the chart represents an opportune area for initiating long positions.
As always, it is prudent to engage in trading with due diligence, implementing a suitable stop-loss strategy to manage risk effectively.
We welcome your engagement with our analysis in the form of comments and likes.
액티브 트레이드:
Price consolidation in progress. Keep holding and waiting for the big pump
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REAL Weslad: t.me/WESLAD ✅
For premium Zone: t.me/wcsepayment ✅
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