ImmutableX (IMX) is a layer-2 scaling solution, providing an NFT infrastructure on the Ethereum
blockchain. With the mission of powering the next generation of Web3 games, ImmutableX aims to
improve both the experience of users and developers by offering seamless gameplay, lightning-fast
transaction speeds, and gas-free, fully carbon-neutral NFT...
Got alert on this one 🕐. Looking at the current market position and a few knocks i was hesitant 😕 to take it but now i am in this from here.
GL to me.
Short Entry Dcaing in between 1.36-1.40
Tp levels 1.02 and 0.84
Sl will be cutting the trade if it holds above 1.40-1.42
Note: Risk management is very important.
Note: Not a Financial Advice.
Not financial advice.
If sentiment remains (BTC) positive we can expect further price movement to upper channel. It's more mid term forecast. I am expecting also that price could shortly test the lower supports
I see that the red zone as a good zone for buying IMX .(for investment only)
if BTC bottom at 14-10 k , IMX would bleed more with the other ALTS .
not a financial advice , only for entertainment purpose .
Notice : as we are right now , 21-17k BTC range , every one can begin to accumulate their desirable tokens , for example 30% now and the rest when prices...
IMX made the elliot 1-2-3-4-5 movement, and now time for the ABC correction. Also its been moving in the channel since 3 november, i think it will follow the channel and go for the resistence now.(A point)
Trade setup : After a brief consolidation phase around the $1.25 resistance price has broken above it to signal continuation of uptrend, with upside potential to $1.55 next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest...
Thank you for reading this update.
Depending on our study we see that IMX has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
Thanks for being here.
I'm sure you are experiencing a good time in crypto market these days but always remember "every uphill will end to a downhill" so prepare yourself for other side of market soon.
As you already know many altcoins recently popped up and returned good profit for all of us.
I've checked IMX chart in both weekly,...
CRYPTOCAP:IMX I am up 38% in this spot trade, I have taken full profits and I will will trade with 50% of my profits on the breakout!
I will give you some alpha when I set my alerts I do not just set it on the green line and wait for the breakout, it can be a little too late then, what I do is I make another trend line under it and put an alert on there, as you...
In this 30-minute time chart, we see a nested triangle pattern, which can either go down or up, but it is more likely to go up because One can see the divergence in ( RSI ), which can grow as soon as the trend line breaks. and continue to climb
We are seeing many double bottom patterns showing up, so this pattern can be used now with good accuracy.
When you see an Altcoin forming a double bottom at a higher or lower low, you know that a bullish breakout comes next.
Immutable X (IMXUSDT) is already moving, quite strong to be honest but many Altcoins are still trading near support.
These other Altcoins...
The IMX symbol appears to be inside a large diametric pattern. It is not far to expect that it will be inside a diametric. In the last few years, all altcoins have been in complex correction.
For branch F, it can jump up to the red box and then be rejected downwards
For risk management, please don't forget stop loss and capital management
Comment if you have any...