- IDEX/BUSD brokeout above the double bottom neckline resistance, hit a swing high and retraced.
- Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786) and the double bottom neckline resistance turned support.
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- We could be at the verge of an...
With its first sign of reversal on the upside, IDEX has made about 80% move from the last .On the beauty of DCA trading strategy, if you have gotten IDEX at 0.23 on the 26th,that is almost 82% profit today.
It is currently not out of the woods yet until it successfully makes it above those 0.53 price action area and i believe if Btc continue making progress likewise IDEX,
Just a thought. I'm new to this and welcome feedback.
Following an upward trend, after downward contraction with support around .30 and good volume across the previous period, I expect a daily outcome of +8.55%.
This doesn't constitute any kind of advice. If you sink or swim, that's on you.
Hopefully this kind of post is ok :)
For Alts, i follow the daily to confirm it is all bears while for BTC, it is monthly.
Currently Idex following the BTC dive is pushing on the brink of going all bears. Just a little shove and man is down on fours unless btc did a reasonable upward turn ATM.
I have always said that when you have a coin doing mad run to almost 1000% like $IDEX just in few days, be expecting the pull back to be intense as well. And surprisingly it didn't pull back as lower as i thought considering $btc moments.
Currently it seems to be done and making its way up.
Have tested all the relevant MAs from lower tfs to 1 and 2hr tfs where...
The chart of IDEXBUSD present a good buying opportunity if the market decline to the 38.2% Fibonacci which is the most common for a fourth wave decline. In addition, Wave A of the developing ABC decline will equal C within the range giving us a Fibonacci clusters. One interesting thing that also caught my attention is the volume profile of the advance from origin...
IDEX has had a meteoric rise in the past days as non-BNB exchange tokens and BNB alternatives (SOL,FTM, ONE, ALGO) exploded in price.
However, what's amazing is that while the rest of these coins have largely fallen (other than ALGO) during the dip on 8th September, IDEX has continued on to new ATHs.
This is still a relatively small cap coin, and with the upcoming...
For your attention & NFA..This is called Idex, a unique Dex exchange with some centralized touch.
Ad with if Btc made a new high,i don't think brotherly is done. 136% pump in 2hrs
I don't actually like making trade entries at this point because sisterly have been burnt severally LOL! So i watch and wait for it to calm down.
RSI- fricking over fried and begging...