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GMX

BTC MARKET ANALYSIS BTC has been total confusing right now, but data ans TA show BTC can go down upto 59500 for short term. But 64000 is expected.
BITSTAMP:BTCUSDLong
by HyBlockCap
Spotting Reversal Potential: GMX/USDT Daily Chart Analysis💎 Paradisers, let's take a closer look at GMX/USDT. On the daily chart, a head and shoulder pattern is emerging, hinting at a potential price reversal. Here's the breakdown: the left shoulder indicates higher highs, the head continues this trend, but the right shoulder? It's showing a lower high, signaling a possible shift. 💎 For this pattern to truly manifest, we'll need to see a breakdown of the neckline, confirming the trend of lower highs and lower lows. Specifically, a dip below the demand zone of 38.07 could pave the way for targets at 25.77 and even 15.92. However, a word of caution: if the price climbs above the right shoulder's peak, specifically the 63.07 mark, this pattern could be off the table. Why? Because that would mean a new higher high, disrupting the pattern's integrity. 💎Stay sharp and keep those charts handy, ParadiseSquad!
Short
by MyCryptoParadise_Nathan

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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