It is now time to sit on our hands and wait for a good entry for IMX. This rising ascending wedge technically wants to break down (and it has), ultimately constituting a bear flag pattern, that will now continue the preceding down trend. If bitcoin were to nuke downwards, then the local low here (bottom of the range) would be a great place to sit. Option 1 and...
Heres my thoughts on a little IMX short. Mindful as always of what bitcoin is doing, but bitcoin has move back into resistance right now. Targets at support/resistance below.
IMX broke trough off the upper boundary of descending channel. Bullish movement to support level at 1.07 is expected to happen.
IMX has been performing very well over the past few days; it is very bullish. The green box below is where to long; on a retest of the diagonal resistance (now support), and the horizontal price action below (I like the middle of the wedge serving up as support. Below that you have the rising support line below, which would be the last line to take longs and...
IMX has bounced back inside this wedge, causing a takeout to the downside and a great long buying opportunity. To reduce risk we could sit at the support level ~ 0.677 with a stop just below (invalidation point. Targets wise, first stop you have the historical price action around 0.730, which also lines up nicely with a 0.618 retracement of the recent leg...
IMX has had some good fundamental news relating to a partnership with MasterCard lately. Looking at the chart, Im observing the formation of a possible inverse head and shoulders pattern, with the right should right now forming (hopefully). Inside the right should is a mini inverse head and shoulders if you go to. a lower time frame. Price targets on the...
Reasons to take long ⭐️ Accumulation 15 days ⭐️ Formation is clean ⭐️ We are in the end of formation ⭐️ Recently collected liquidity ⭐️ Range is getting smaller ⭐️ 4th touch ⭐️ 50 ATR Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster. If you don't understand the previous sentence, just use swing...
$IMX is bouncing off the support level and the ascending trdnline. Bullish movement to resistance level at 1,14$ is likely to happen.
Fundamentals: + NFT derivative exposure + Disney, Marvel and the ESL building on Immutable X. + Coinbase portfolio. + Ready to use API + Games such as Guild of Guardians and Illuvium currently partnered. - NFT and Gaming are novel markets within the crypto sphere. Still somewhat unrelated in a market populated by investors and not gamers or actual users. -...
bullish divergence im chart is preparing for a huge leg up
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this IMX/USDT TRADE setup. IMX looks good here. IMX is breaking out from the broadening wedge pattern and a retest is also done. Expecting a 25-30% move to the upside. Long now and add more in the dip. Entry range :- $1.54-$1.62 Target1:- $1.68 Target2:-...
We saw the GMT, APE have huge movement last month... Some project is launching their land sale on IMX L2 ..... Will IMX do the same? -Price, MACD, RSI all in higher low even pattren even most of alts coin drop.... My entry price around $1.56
i tink it as ood conditions to enter of course, te bitcoin situation must be monitored...
Double-top pattern formed. Neckline broken and retested. IMX will go down enough to reach target the next hours?
IMXUSDT price is crossing the bearish parallel channel and now hovering above EMA 100, If bulls maintain this move they can shift the momentum towards the upside otherwise a small correcting can be a buying oppertunity.
#IMX/USDT $IMX is at long term support zone. 🐮 holding this support and rejection from it can increase price to resistance zone between $3.2 and $3.5 and if price break down from support zone, next support is between 0.5 and 0.618 fib levels of this swing high and by holding this support price can shape an inverted head and shoulders to reach $4.
IMX has just conquered the $2.4 zone and is continuing to move up to the $3 and $3.6 zone. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 2.2$ zone 🔴Buy : 2.4 - 2.2 🔴Sell : 3 - 3.6 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 2.2$ zone 🔵Sell : 2.2 🔵Buy : 1.9 - 1.6 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE...