IMX long IMX bounced off the support level and the ascending trendline. Bullish movement to $3.7 level is expected to happen nextLongby Cryptobees_buzz1
IMX/USDT ascending channel bullish horizons? 🚀IMX Analysis💎 Paradiser, let's closely analyze #IMXUSDT. It displays clear indications of an imminent significant move originating from a crucial demand level. 💎 #immutable is currently experiencing an upward momentum, nicely following an ascending channel, which suggests a potential continuation of bullish trends. Our anticipation is a retest at the demand level of $2.7450, laying the groundwork for sustained upward movement. A successful retention above this level for #IMX might pave the way for a notable resistance zone at $4.1504. 💎 However, should CRYPTOCAP:IMX face challenges in maintaining its position above the demand, a strategic reassessment may be necessary. In such a circumstance, we would contemplate redirecting our attention to a bullish ascent emanating from a lower support level at $2.4430. Vigilance over this level is imperative, as a failure to uphold it could signal a shift towards a more bearish trend. Longby MyCryptoParadise1
IMX - Good Week AheadLast Night, We added to CRYPTOCAP:IMX at $2.95. Here's why... On the weekly timeframe we created a dragonfly reversal doji. The last time we had a doji similar to the one price just created we rallied almost 100% over the next month. Very good RR here with stoplosses below the wick. Also, our RSI on the weekly just bottomed out at the same level we did previously (green arrows). by VIAQUANT1
💡"IMX Coin: Breakout Trend Analysis"🚀🎉 Happy Nowruz! 🔍 Let's delve into IMX Coin in the daily timeframe for analysis. 📈 In the daily timeframe, after a long-term bullish trend across all timeframes, this coin has reached near its all-time high (ATH), or better to say, it has set a new ATH since its listing on the exchange. 📊 Currently, after hitting resistance at 3.5336, we are undergoing a correction phase, indicated by decreasing volume, which signifies the health of the bullish trend. Additionally, we observe a daily corrective trend. 💰 These trends require another entry point for confirmation, as they lead to a change in trend in this timeframe. After the trend break and the breach of the 2.5452 support line, the possibility of further downward movement increases, allowing for short positions to be opened in lower timeframes. 🚀 Moreover, these trends typically have a pullback after breaking a support level, and upon supporting the trend and breaking the 3.5336 resistance, there's potential for opening long positions. ⚡️ The 0.786 Fibonacci retracement level also serves as a crucial area of support. If the price rebounds after breaking the trend and establishes a new price zone, it could indicate favorable buying opportunities for this coin. 🔄 Confirmation will be achieved after rising above the trend line and an increase in volume, indicating the continuation of the trend or the start of a new bullish wave. 💼 Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.Shortby RealMRA27
IMX Weekly Brake Out ?IF IF IF the market continues up, IMX seems to be another big name project that has pulled back into the golden pocket and approaching braking trend to the up side. BullishLongby Degen-DynastyUpdated 2
Imx - Dump to 11 % ?!After breaking the range of 2.95, we can expect to continue until the next range, which is 2.63Shortby Crypto-Oracle17
IMXI'm already positioned on IMX from my DCA zone. From now on, I'll accumulate every strong drop. I'm waiting for the price to drop so I can buy more. I'm expecting new ATHs for 2024/2025, be patient.Longby yankfrUpdated 6
Previous Resistance ZoneBased on the weekly and daily charts, we have witnessed the complete breakdown of the previous resistance zone. This event is followed by a pullback to the level that had been breached earlier. Such a pullback movement could signify the confirmation of the resistance breach and a change in trend direction. Observing a consolidating candlestick at this level suggests that the IMX price trend may accelerate in an upward direction, aiming for higher price targets. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.by MonoCoinSignal7
IMX Stumbles After Strong Mid-Term Rally-Bulls Aim for New HighIntroduction: Immutable X (IMX), a token facilitating scalable trading on the Ethereum blockchain, has exhibited signs of weakness after a powerful mid-term uptrend. While the recent price action suggests a potential pullback, a confirmed breakout above resistance could propel IMX towards fresh all-time highs (ATHs). IMX in a Nutshell: Launched in 2022, Immutable X is a Layer-2 scaling solution designed for NFT trading on Ethereum. It offers users significant gas fee reductions and faster transaction speeds compared to the congested mainnet. Uptrend Stalls at Resistance: IMX has enjoyed a remarkable run since late October 2023, surging from around $0.75 to a current price of $3.5586 (as of March 8th, 2024). However, the token recently encountered resistance at the $3.5586 level, raising concerns about a potential trend reversal. Key Technical Levels: Resistance: $3.5586 (broken), $4.1994 (critical resistance) Support: $2.3845 (first level), $1.7766 (second level) All-Time High (ATH): $4.1994 (current) All-Time Low (ATL): $0.4760 (recorded in October 2023) Trading Scenarios: Bull Case: A decisive break above $3.5586, followed by a successful retest, could signal a continuation of the uptrend. The next major hurdle lies at $4.1994, the current ATH. A confirmed breakout above this level could open the door for further price discovery and potentially establish new ATHs. Bear Case: Failure to reclaim $3.5586 as support could trigger a correction. The initial support zones lie at $2.3845 and $1.7766. Similar Coins to Watch: Loopring (LRC): Another Layer-2 scaling solution for Ethereum, focusing on decentralized exchange functionality. Polygon (MATIC): A well-established Layer-2 scaling protocol known for its fast and cheap transactions. Theta Network (THETA): A blockchain-powered network for video streaming and content delivery. Disclaimer: Technical analysis is a subjective tool and should not be considered financial advice. Always conduct your own research before making any investment decisions.Longby atamq0
#IMX Long Opportunity 🚀#IMX Long Opportunity 🚀 Breakout of Volume Breakout of trendline Breakout of MA After retest see you on the moon Longby EtoYa7772
$IMX Long tradeCRYPTOCAP:IMX Long trade. According to my fibo levels there should be long trade. Not a financial advice.Longby edgematic103
IMX has formed a Bullish flagIMX has formed a Bullish flag. the trend can continue after the breakout 🔵Entry Zone 2.9626 - 3.0629 🔴SL 2.7126 🟢TP1 3.2154 🟢TP2 3.5584 🟢TP3 3.8547 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.Longby JosephMcKenzie6
IMX/USDT Indicating continue the upward movement if breakout!💎 IMX has recently exhibited noteworthy market dynamics, bouncing from the support of a bullish pennant pattern, signaling a potential upward movement toward testing the resistance of the same pattern. 💎 A successful breakout above the pattern's resistance could pave the way for further upward momentum, possibly reaching our target area. 💎 However, if IMX breaks below the support trendline of the pattern and subsequently breaches the demand area, it will indicate a reversal to a bearish trend. In such a scenario, the price may embark on a downward trajectory, targeting the support area around $2.59. 💎 IMX must bounce decisively from the support area to sustain its upward momentum. Failure to do so, coupled with a breakdown below the support area, would confirm a return to a bearish trend, leading to continued downward movement, possibly towards stronger demand zones.by MyCryptoParadise9
The J-Curve theory and the recent IMX performanceSince it's launch, the IMX token has experienced significant volatility, trading between $5-9 and now stands at roughly $0.80 with a historical low of around $0.30. The trajectory of the IMX token indeed align with the principles of the J-Curve Theory. The initial period of high valuation post-launch, followed by a sharp depreciation, reflects the downward slope of the J-Curve. If we are assuming that the bottom of the curve was around $0.30 the subsequent recovery to the $0.80 region suggests the start of the upward slope. For this reason, I'm willing to take the bet and started to DCA long-term spot position for IMX. However, it's important to note that while the J-Curve Theory can provide useful framework for understanding these price dynamics, the cryptocurrency market's inherent volatility necessitates caution. I'll be closely monitoring the future trends of the IMX token to further verify the applicability of the J-Curve theory and inform potential investment desicions.Longby SchitzodartUpdated 5
IMX - Time to buy for a quick 157% profitIMX looks good. The price is inside this bullish parallel channel, and we have a falling wedge pattern that is currently breaking out. It can also be a bullish flag, which is even better if it's true. IMX has strong fundamentals, and the whales are buying. They accumulated IMX at much lower prices, and now they want to send it to the moon to make huge gains. We, as traders, can take advantage of the high volatility and trade it for the short term. A 157% profit is pretty good if you buy this coin on the spot market. Take a profit at the top of the parallel channel. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. What Is Immutable (IMX)? Immutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.” Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable, stated that Immutable allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable aims to create a world-class experience for users and developers alike. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.Longby XanroxUpdated 6653
IMXUSDT 1WI'm buying some #IMX at current price and will buy more in case of deep to $2.613 level IMO it will see previous ATH and make the new ATH in coming weeks. So if you miss #WLD you can put some risk on this coin. My targets are: $3.3112 $3.7510 $4.1560 $5.0151 $7.8453 $9.8932 and $11.4578 is my final price discovery target on this setup.by Bithereum_io14
IMXUSDT ROADMAP - SHORT - DAILY TFEmissary over here. Short position after small pump. Yellow line entry limit order - 3.2356 Green line take profit - 2.4928 Red line stop loss - 3.7102 Next crypto correction is near, jump in the already inflated coins. DYOR, greettings Leave your support, comment, boost, follow and thank you beforehand.Shortby MessengerFromTheUnderworld5
IMXUSDT SHORT POSITIONas you can see the price is completing head & shoulder pattern and I expect to bearish rubby iiarvm2
$imxusd long term analyzeit may take a month to reach entry price, however it will create 2x easily entry and tp on the chartby Taylan_KUpdated 14
Bullish Take support from imbalance zone and give good upside move and confirm our entry level 🚀🚀Longby Niku22292
IMXUSDT Bullish Surge from Demand Zone? 🚀 ImmutableX💎 Paradisers, gear up for an exciting trading moment with #IMXUSDT, showcasing signs of a bullish continuation from its vibrant demand zone and FVG. 💎 Treading through #ImmutableX journey, it's been ascending from a key supply level at $3.3580. Despite a brief slowdown, we're setting our sights on a bullish leap from the demand level of $3.1640. Maintaining momentum here could kickstart the bullish trek we're envisioning. 💎 If the drive behind #IMX starts to wane, anticipate a dynamic recovery from the robust demand at $2.8882. With the area's rich liquidity, we're optimistic about a bullish ascent from the Bullish OB. However, a fall beneath this pivotal point could signal a shift towards a more pronounced bearish trend. Longby MyCryptoParadise9