IMX Looks like a structure is broken for everyone to watch, but the stances is as shown below!!!!!! We can see that the price was building value comfortably above $0.63–$0.65 until May 2nd. Then, a strong selling move broke below that range, followed by a new value area formation below $0.59, showing that sellers are in control and the market is accepting these lower prices. The latest session has POC, VAH, and VAL tightly compressed near $0.563, which means extremely low volatility and a potential setup for the next expansion.
But what i suggest is this, will take a last breather or just go to the next block marked as orange, can have dead cat bounces!!
But what i suggest is this, will take a last breather or just go to the next block marked as orange, can have dead cat bounces!!
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The 〽️agic happens here: @MastaCryp
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Official Telegram Channel : @mastaishere | 〽️agic Begins 🪄 with 〽️astaCrypta! |
Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.