IDEX
Gradual return of the market to a bullish trend Today I want to once again consider the position of the market, based on the results of last week. The week turned out to be quite negative, the breakdown below 2000 against the background of a strong dollar was an unpleasant surprise, but for now we remain in the flat zone around 2000. Given the bullish trend formed, further sales are still premature and the current market decline looks more like another giveaway game. To leave unprocessed bullish targets at the end of the month. The opening of the new week was carefully adjusted to 1850+ to maintain the market in the range of 2000+-150.
This week, the fight will continue and the bears will look for reasons to expand the flat range to +-250 with an attempt to break through 1750. This is a key support for a trend change. Given the large number of negative statistics on the United States for two weeks, the probability of sales below 1850 is still quite low. I expect a pullback in the first half of the week to retest the narrow range of 1925-1975. A breakdown of 1975 is necessary to re-exit above 2000. Further, depending on the dynamics of the dollar and the statistics coming out, we will either gain a stable foothold above 1925, which will allow us to hope for a rebound before the end of the month and a positive opening of a new monthly candle, or we will get additional reasons to delay the retest of the opening of the week or a new attempt to go to 1750. In this case, due to the opening level of the weekly candle, you can still count on a payback at the end of the week, but the prospects for the next month will become more negative.
The absence of a general drop in the market is already enough to form a reversal for individual coins, let's see who will break out first. As before, the most interesting for me are the most oversold coins such as uft pros vib cvp torn perl for pnt ooki and asr atm fantokens. Most of them have already completely extinguished the fall and are preparing for a reversal. You can also re-consider coins that have returned to powerful support, such as wtc dock fida front akro, with likely growth waves of up to 40-50%.
Nebl, which I mentioned as a dangerous but interesting tool for scalping, also showed itself very interestingly. After delisting on binance and listing on poloniex, the coin is gradually re-traded. On small waves, as it seems, there was already a profit of 30%. Further, we can expect an expansion of the range of price movement with tests of new levels. Key levels in the swing of a new trend 0.2-0.25-0.4-0.6-0.75-0.9-1.25. If there is a rollback from each of the levels, it will give very good opportunities for earnings.
IDEXUSDT(IDEX) Daily tf Range Updated till 25-04-23IDEXUSDT(IDEX) Daily timeframe range. price action is not stable with this one. wicks here and there and straight p and d cause of past low volume. so risk management is first when comes to taking a trade here. tried to reach #0.11311, daily close above #0.08150 will give it another change else back to lower levels.
Idex price is pumping up, but for how long?For now, the BTCUSDT price is in a critical zone, where buyers and sellers are "debating" whether to go next: up or down.
IDEX buyers at this time decided to organize a coin pumping.
To be honest, we have not studied the project and what triggered this pump, because risk management does not allow us to trade such volatility. If you have any useful information about IDEX, please share it in the comments.
But we can share our opinion on where the price can go during the pump.
While we were writing this idea, the IDEXUSDT price reached the first target of 0.105$, as this is a strong liquidity level from which a correction to $0.062 can easily begin.
Are you itching to take part in this pump?)
Then at least wait until the IDEXUSD price breaks through and consolidates above 0.105$
If this condition is met, the following targets will be opened: 0.17$ and 0.25$
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A Bullish Journey Amidst Key Levels and IndicatorsIDEX is a cryptocurrency that has been trading at a current price of 0.07000, with a bullish RSI of 82.5 on the 4-hour timeframe. The volume oscillator is at 44%, indicating a healthy trading volume.
Looking at the Fibonacci retracement levels on the 4-hour timeframe, we can see that the price has surpassed the 0.5 Fibonacci level of 0.05781 and is currently trading above the 1 Fibonacci level of 0.06290. The next resistance level to watch out for is the upper Bollinger band at 0.06563, which could potentially serve as a short-term resistance.
On the downside, the 4-hour timeframe lower Bollinger band at 0.04755 could provide some support in case of a sudden price drop. However, a more solid support level can be identified around the 0.05272 Fibonacci level, which is a key level to watch for a potential bounce-back if the price were to drop further.
The MACD is currently showing a positive trend, with a value of 0.00236. The stochastic oscillators are at a high level of 85, which could indicate a potential overbought condition, so traders should be cautious and monitor the price closely.
The hourly EMA 50 at 0.05680 is another important level to watch, as the price has previously bounced off this moving average several times. A break above this level could indicate a continuation of the bullish trend, while a break below it could suggest a possible reversal.
The on-balance volume (OBV) is at 3.784B, indicating strong buying pressure in the market. The 24-hour high of 0.07245 and the low of 0.05318 provide additional reference points for potential resistance and support levels, respectively.
Overall, the IDEX chart presents a bullish picture, with several indicators pointing towards a continuation of the uptrend. However, traders should keep a close eye on the potential resistance levels and the stochastic oscillator, which could indicate a possible correction in the short term. The Fibonacci levels and the hourly EMA 50 can provide important support and resistance levels to monitor.
my thoughts about IDEXI'm not a professional technical analyst but I just want to share my thoughts about IDEX aside from the Financial actions that may happen in future
IDEX | EV Penny Stock | OversoldIdeanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia and the United States. The company's Ideanomics Mobility business unit focuses on the commercial adoption of electric vehicles (EV) by commercial fleet operators. This business unit provides solutions for the procurement, financing, charging, and energy management needs for the fleet operators of commercial EVs; and zero emission mobility solutions, such as the provision of commercial electric vans, trucks, buses, electric tractors, and two-wheeled transportation, supporting by the provision of energy services and infrastructure for the EV market comprising charging systems, energy storage, and energy generation, including hydrogen and solar, and associated data and management applications. It also offers high-power inductive charging solutions for medium and heavy-duty EVs; manufactures and distributes electric powered tractors; manufactures and sells hydrogen fuel cells and power electronics for electric, hydrogen, and hybrid powered vehicles; manufactures and sells electric motorcycles and the FIM Enel MotoE World Cup; sells EV bikes, scooters, and batteries under the Treeletrik brand; and sells ride hailing vehicles, electric vans, trucks, buses, and EV batteries. The company's Ideanomics Capital business unit provides fintech services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. This business unit offers solutions for the real estate transactions, including title and escrow, residential and commercial title insurance, and closing and settlement services, as well as specialized offerings for the mortgage process industry; and acts as the Financial Industry Regulatory Authority-registered broker dealer that operates a funding platform. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.
IDEX Breakout $we are testing our breakout zone above the 0.37$, if we open the the market above that level and hold above it , we going to test our 2 profit taking , if we opened below the 0.37$, we need to hold the support above the 0.34$ to confirm the strength of the bull and go up to break the 0.37$ and continue towards our profit taking .
IDEX has a solid break north on the weeklyAnother solid break on the weekly but this time BTC has also broke north on the weekly... this gives strength to this setup as it confirms larger bids in the overall market. Very similar to the JASMY, XTZ, and XMR setups a great place to take some out for a solid 40-50% gain would be at the weekly 21 SMA.
IDEX: More trouble ahead? Ideanomics
Short Term - We look to Sell at 0.617 (stop at 0.665)
Previous resistance located at 0.610. 0.610 continues to hold back the bulls. Trading volume is increasing. Price action has posted a bearish Dark Cloud and is negative for short-term sentiment.
Our profit targets will be 0.506 and 0.449
Resistance: 0.610 / 0.820 / 1.120
Support: 0.520 / 0.387 / 0.278
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
IDEX: Downtrend to Continue? Ideanomics
Short Term - We look to Sell at 1.08 (stop at 1.18)
Previous resistance located at 1.10. 1.10 continues to hold back the bulls. Our outlook is bearish. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 0.83 and 0.65
Resistance: 1.10 / 1.40 / 1.65
Support: 1.00 / 0.80 / 0.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
IDEX vs Tether Update (80% First, Up To 180% Next!)If you read my analysis for IDEXUSDT on the 14-March, you can easily tell that we are still on the same path...
The falling wedge pattern bullish breakout is now fully confirmed, the next resistance is set at 0.16290 or EMA50.
Once this level is taken out, IDEXUSDT can fly up.
It is easy to see ~80% on this chart setup and up to 180%+ if this move turns out to be strong.
It is still early though as we have no volume confirmation...
Thanks a lot for the continued support.
Namaste.
IDEX Classic Falling Wedge PatternWe have the classic falling wedge pattern on the IDEXUSDT chart.
We can see volume going up as an attempt is happening to break out of this pattern.
An "attempt" because we consider this confirmed only after the daily candle closes.
Previous support is being tested and holds based on the challenge of EMA21 and a higher low compared to February 24.
It can grow... If not, we have a chart setup with LOW risk and HIGH potential reward.
Trade at your own risk.
Namaste.
#IDEX #IDEANOMICS Running Flat BULLISH!Ideanomic company with symbol IDEX in US stock market
running flat pattern was formed on the hourly nearest correction and targeting 1.26
MANAGE YOUR RISKS AND DO YOUR OWN DD
Happy Hunting
$IDEX PRICE REVERSAL PREDICTIONmajor resistant to test at 1.09$
if we got rejected the support
will be at 0.57$
confirmation for reversal if
we close above our ascending line
above the 1.09$