#IDEX Gathering Momentum for a Massive Move Above | Watch OutYello, Paradisers! 😎 Are you ready for what could be a make-or-break moment for #IDEX? Let's discuss the latest analysis of #IDEXUSDT:
💎#IDEX is showing promising signs of a potential bullish continuation from its key bullish order block (OB) at $0.0303. The price action is hinting at a push higher as momentum builds, aiming for a breakout from the descending channel.
💎Yet, for this bullish momentum to fully hold, it must conquer the internal resistance at $0.043. Only then can we consider this move a confirmed breakout, and until we see decisive strength here, the risk of entering trades too early remains high. Waiting for strong engulfing candles and consistent upward movement is essential to confirm the bulls are truly in charge.
💎We’re not in full breakout mode just yet, and the risk of fading momentum is ever-present. If #IDEX fails to break above $0.043 and starts to weaken, the bearish scenario could come into play. Sellers may begin to dominate, and all eyes would then shift back to the crucial support level at $0.0303. This level has proven its strength in past dips, but it needs to hold firm to keep the bullish case intact.
💎If $0.0303 does hold, we could see a rebound that reignites buying pressure. However, if #IDEX breaks below this key support, it would invalidate the bullish setup, likely triggering a sharper decline toward the next major support at $0.0252. A further break below $0.0252 could mean an even more significant drop is in the cards, so caution is warranted.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
IDEX
#IDEX (SPOT) entry range(0.031- 0.039)T.(0.08490) SL(0.02896)BINANCE:IDEXUSDT
entry range( 0.03100- 0.03900)
Target1 (0.06390) - Target2 (0.08490)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.02896)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
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IDEXIDEX project is relatively new and they claim it is "The First Layer3 Derivatives Exchange" which provide unique and cool features. Also its price movement show how popular it is. It seems idex is unfolding an inverted wedge pattern; if true, the current bullish wave has a lot of upside potential. Let's see what happens.
Alikze »» IDEX | Pullback to broken structureIn the analysis presented in the previous post, it continued to grow in the 4H period after exiting the descending channel to the supply zone.
🔰 But in the weekly time, after a complex combination correction, it made a floor in the range of 0.34 and now, as can be seen, it has come out of the density and is currently facing selling pressure in the supply area, which can return in the range of the green box again. To continue the path, meet the demand.
🔰 Based on the structure, the current wave can be a motivational wave 3 or rising C, which will have the ability to touch the specified areas.
⚠️ In addition, if it penetrates and stabilizes under the green box, this scenario will be invalid.
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IDEXUSDT(IDEX) Daily tf Range Updated till 25-03-24IDEXUSDT(IDEX) Daily timeframe range. another cool pump here, very close to break out of 0.11891 but looks like taking a retrace. maybe try again later. recent retrace point is at 0.09106. but if retail interest keeps up it may move further before going there.
IDEX looks bullishWe seem to be at the end of a large diametric F wave.
It is expected that the price will pull back towards the green range and by spending time, it will complete the G wave of this diametric and then we will see bullish movements up to the red box.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
IDEX/USDT Facing on the key area. Could IDEX Break or rejected ?💎 IDEX has recently exhibited significant market dynamics. Presently, IDEX is encountering resistance in the supply area.
💎A successful breakout above this zone could lead to an easier breach of the resistance trendline, probability propelling the price toward our target area.
💎 However, if IDEX fails to break above the resistance and experiences rejection, there's potential for the price to retreat downwards, possibly towards the demand area.
💎 The demand area holds significant importance, as historically it has acted as a pivotal level for price action.
💎Bounces from this area have often signaled reversal opportunities. However, if IDEX breaks below the demand area, it could signify a bearish continuation, with the price likely heading toward key support levels or even lower.
Alikze → #IDEX | Waiting for a pullback to the support zoneIn time H4, after the breakdown of the descending channel and the specified supply area that has become support, it can move to the green box area after the pullback to continue the path to the first supply area, which is at least 100% of the previous wave, and then to the area The next supply will continue its movement.
🟩Sup: 0.049
⛳️Tp 1:0.05188 ~ 0.05340
⛳️ Tp2 : 0.05757
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#IDEXIt is moving in a medium-term ascending channel, which according to the corrective structure can continue after the pullback to the middle of the channel to the bottom of the 23% Fibo wave before the correction. If it can break 63 cents, it can continue its upward path, but considering the sharp and rapid fall structure, it is unlikely that it can continue its upward path in the short term.
IDEX analysis (4H)It seems like we have a big diametric that now the buyers are trying to complete the F wave of this diametric and raise the price.
By maintaining the flip line and the green range, the price can move towards the TPs.
I also specified the invalidation level. If a 4-hour candle closes below this level, the analysis will be violated
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
📊 IDEX USDT Analysis: Awaiting the Right Entry! 🕒📊 IDEX USDT Analysis: Awaiting the Right Entry! 🕒
IDEX USDT appears to be revisiting the crucial levels of $0.04916 and $0.04993. 📈
Keep a close eye on the 15-minute candle:
📈 If it closes above $0.04993, we might see bullish momentum.
📉 If it touches $0.04993 and heads south, the bearish trend may continue.
Patience is key here as we await the opportune entry point. Get ready to pounce when the time is right with this complimentary signal from Bitxer! 🐾💹
IDEX/USDT Poised for an Explosive Bullish Rally| IDEX Analysis 💎 Attention Paradisers! #IDEX/USDT is poised for a breakout from the descending channel pattern. It is crucial to monitor the daily close candle for a confirmed and valid breakout.
💎 If NASDAQ:IDEX sustains above the support trendline at this juncture, it will mark a validated breakout.
💎 Reviewing IDEX’s historical performance, it has maintained a consistent presence in a Strong Demand area. It is observed that NASDAQ:IDEX has repeatedly formed wicks to tap into an order block in the bullish OB, with the daily close consistently above the strong demand zone.
💎 The asset has faced numerous trials to breach the descending channel, each time meeting significant rejections and subsequently retracting to the strong demand area.
💎 The analysis may lose its relevance if NASDAQ:IDEX withdraws from the Bullish OB area, potentially indicating a further downward journey for the asset.
💎 Keep a close watch and stay informed!
IDEX/USDT Break Out Alert! Bullish Momentum for IDEXYello Paradisers, IDEX’s Potential Breakout
💎 IDEX has Break out from the descending channel pattern. For a confirmed and valid breakout, it’s pivotal to observe the daily close candle. If IDEX manages to hold above the support trendline at this point, it will signify a validated breakout.
💎 A look back at IDEX’s history reveals its sustained presence in a Strong Demand area. Observations show that IDEX has consistently formed wicks to capture an order block in the bullish OB, with the daily close persistently above the robust demand zone.
💎 IDEX has undergone numerous tests and attempts to shatter the descending channel, each time facing substantial rejections and subsequently falling back to the strong demand area. However, today marks a deviation, with IDEX successfully breaching the descending channel. The anticipation now is for IDEX to maintain its position above the pattern as the daily candle closes.
💎 The analysis would lose its validity if IDEX retreats from the Bullish OB area, as this could potentially signal a further downward trajectory for IDEX.
IDEX ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the IDEX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
IDEX Biometrics: High Activity, Market Readiness, and Low Stock IDEX Biometrics currently sits at an impressively low price point, presenting a tempting opportunity for investors. This is especially notable considering the company's readiness to start fulfilling large scale production orders for biometric payment cards.
Mastercard's approval of the biometric payment system sets a promising stage for IDEX. As we move into the next year, we can expect to witness a surge in the usage of biometric fingerprint sensor-enabled credit cards. Further solidifying IDEX's potential, we anticipate these biometric features to extend to company identification cards as well.
An intriguing aspect of IDEX is its workforce, which is enriched with former Mastercard employees. This not only brings in-depth industry knowledge and experience but also strengthens its connection with Mastercard, a major player in the payment industry.
All these factors combined, IDEX Biometrics looks primed for a significant uptick. With its low stock price, strong industry connections, and market readiness for large scale production, now might be the perfect time for investors to step in.
my opinion about IDEXin my humbled opinion NASDAQ:IDEX should stay above 0.10 as first step then stay above 0.14 next to start moving at least to the previous positions between 0.30 to 0.50 price