IMX looks bullish (12H)The IMX pair has hunted a strong origin of movement, which is the key factor behind our bullish outlook on this coin.
After the hunt, this strong origin broke the trigger line, forming a bullish CH on the chart. Now, as the price pulls back toward support zones, we are looking for buy/long positions.
The targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
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
IMXUSDT
#IMX/USDT#IMX
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.503.
Entry price: 0.0528
First target: 0.540
Second target: 0.560
Third target: 0.587
IMX Long SL -12.83%IMX/USDT Long Setup
Reason:
Successfully Breakout from Major trend.
Break of Internal Structure.
Strong Bullish Momentum.
Resting on Major Support.
Taken All possible Liquidity.
All technical indicators suggesting Strong bullish Wave
Best Regards,
The Panda
Pro tip:
Hold !
BINANCE:IMXUSDT.P
BINANCE:IMXUSDT
COINBASE:IMXUSDC.P
MEXC:IMXUSDT
TradeCityPro | IMXUSDT Potential 30% Drop👋 Welcome to TradeCityPro Channel!
Let’s take a look at today’s altcoin on this market holiday, especially for those holding IMX, as it might experience a drop once the market reopens.
Before starting the analysis, as always, let's first check Bitcoin. On the 1-hour timeframe, Bitcoin dropped last night after getting rejected at 105,939, making a sharp move down to support at 101,654, where it is currently holding.
Along with this drop, Bitcoin dominance also fell, preventing altcoins from experiencing significant losses. However, as Bitcoin ranges at this support, its dominance is rising, which is causing altcoins to drop. If this trend continues, altcoins will likely undergo a deeper correction.
I personally plan to open a short position if 101,654 breaks, but I will secure profits quickly and exit fast. On the other hand, if Bitcoin breaks 102,571, I will enter a risky stop-buy long position, as I believe its movement to the upside could be as sharp as its previous drop, and I will set a logical stop-loss.
📉 Weekly Timeframe
Looking at the IMX weekly chart, we see that compared to 2023, it is holding a higher low, which is a bullish sign. However, the fake breakout and rejection at 1.817 led to a return inside the range, and sellers are now attempting to break the range low.
Let’s also talk about the candlestick pattern I highlighted on the chart. I’ve personally seen this pattern many times—it typically appears at the end of a trend and signals a potential reversal. I will discuss it more in the future, but for now, just take note of this behavior.
Additionally, after last week’s candle, IMX is trying to close below the key weekly support and range low at 1.084. If this breakdown is confirmed, it would signal a range breakdown, leading to a bearish correction towards the next major support at 0.764, which would be a 30% drop.
I do not hold IMX, but if I did, my approach would be to exit my holdings upon a weekly close below this level, regardless of whether I was in profit or loss. I would only re-enter if the price reclaimed the range or formed a clear trigger for a new buy position.
📊 Daily Timeframe
IMX is currently sitting on a major support level, which has consistently pushed the price upward in previous attempts. However, this support is showing signs of weakening.
If this level breaks, we will likely see a sharp drop towards 0.764. Given the importance of this level, it’s essential to monitor both bullish and bearish signals. If we see signs of weakness in the bearish trend, it could signal a buy trigger.
However, these triggers require momentum—I will not buy just because the price is sitting on a strong support level. Instead, I will wait for either a fake breakdown or a lower timeframe range breakout before considering a buy. One possible entry trigger could be the breakout of the trendline at 1.252.
⏳ 4-Hour Timeframe
IMX is currently breaking below the 1.061 support, which is a key weekly level. Because this is a high-volatility zone, it’s important to use a logical stop-loss when entering positions to avoid being stopped out unnecessarily.
📉 Short Position Trigger
the trigger is already active, so a short entry is possible. However, if the price lingers in oversold conditions for too long or takes too long to move downward, I recommend securing profits quickly—also keep in mind that it’s Saturday, so consider reducing your risk exposure.
📈 Long Position Trigger
there is no clear trigger yet unless we see a fake breakdown or a sharp recovery back to 1.252, after which a long entry would be valid. If this scenario plays out, there’s no need to feel FOMO, as strong momentum entering the market will provide multiple trading opportunities.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
IMX Bullish Wave Analysis, for investment!IMX is completing Wave 4 correction around $1.00, preparing for Wave 5 upside. The breakout from the wedge pattern confirms bullish momentum.
📈 Target Levels (Fibonacci Extensions):
$4.48 (1.27 Fib)
$7.60 (2.27 Fib)
$13.90 (4.272 Fib)
🔍 Key Levels to Watch:
Support: $1.00 (Wave 4 bottom)
Breakout Confirmation: $1.60 - $2.00
If market conditions remain strong, IMX could see massive upside in the next bull run! 🚀
#IMX #Crypto #ElliottWave #BullRun #Altcoins
Will #IMX Bulls Get Enough Momentum For a Bullish Reversal?Yello, Paradisers! Is #IMXUSDT ready to make a decisive move, or are we in for more consolidation? Let’s dive into the key levels of #Immutable:
💎#IMX has been trading within a descending channel on the 4-hour timeframe, creating a classic pattern of lower highs and lower lows. #IMXUSD got rejected from the descending resistance at $1.52 and is going to lower levels for liquidity capture.
💎For a bullish breakout, #IMX needs to push above the descending resistance near $1.524. A confirmed close above this level would pave the way for a potential rally toward the $2.000–$2.200 major resistance zone, where sellers are likely to step in. This scenario hinges on strong bullish momentum and volume so you can watch these for confirmation.
💎If #Immutable cannot get enough momentum to breach above the descending resistance then the probability is high that it will go lower for support. The support zone between $1.072 and $0.906 is crucial. This level has held firm during recent declines, providing a solid base for price action. The bulls have previously stepped here on these levels and defended them.
💎However, if #IMXUSDT breaks below $0.906 and closes a candle below this strong support, the bullish outlook will be invalidated. In this case, #IMX could retest lower levels, with the next key zone around $0.800 or lower, signaling a significant shift in market sentiment.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
IMX in short term!BINANCE:IMXUSDT
It's ranging in a Broadening wedge pattern so the price should stay in it for now!
It might retest the bottom of it before ascending further!
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Let’s navigate the markets together—join the journey today! 💹✨
#IMX/USDT Ready to launch upwards#IMX
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.30
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.46
First target 1.56
Second target 1.64
Third target 1.74
IMX looks bullish (2D)IMX appears to be within a large diametric pattern and is currently in the middle of Wave D. If it maintains the green zone, it could continue its upward movement for a long time to complete Wave E.
The long-term and mid-term targets are between $5.5 to $7.0.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#IMX/USDT Ready to go higher#IMX
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 2.00
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.02
First target 2.08
Second target 2.17
Third target 2.29
#IMX/USDT#IMX
The price is moving in a descending channel on the 12-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 1.35.
Entry price 1.50.
First target 1.62.
Second target 1.78.
Third target 1.90.
IMX | ALTCOINS | Altcoin that CAN STILL +25%Immutable (IMX) is one of few good alts tat hasn't quite seen the parabolic increases that the rest of the altcoin market has seen.
IMX still has some room for growth until it hits the next major resistance zone, and even more if you consider the previous ATH at 4.6 (currently at 2$).
Make sure you don't miss the Bitcoin update, and why I say the ATH is in :
___________________
BINANCE:IMXUSDT
IMX/USDT Long SL: -12.71% Tp: 76%IMX/USDT Long Setup
Reason:
Breakout from Major Resistance.
Successfully tested the support and resting on it.
LTF is bullish, expecting sudden strong bullish wave.
All technical indicators suggesting bullish momentum in short term.
Best Regards,
The Crypto Panda
BINANCE:IMXUSDT
BYBIT:IMXUSDT.P
MEXC:IMXUSDT
BITGET:IMXUSDT
IMX: Early Bird Gets the Breakout!This should break out with force from here. CRYPTOCAP:IMX
I’m jumping in now, and if it gets invalidated, I’ll exit and re-enter below $1.16.
It seems to be lagging compared to other coins, and the trend isn't even confirmed on the weekly yet, so I think we're early—buying before the expansion and confirmation.
#IMX (SPOT) entry range(1.150- 1.400) T.((2.119) SL(1.104)BINANCE:IMXUSDT
entry range (1.150- 1.400)
Target (2.119)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (1.104)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX ****
IMX ANALYSIS📊 #IMX Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout🧐
Pattern signals potential bullish movement incoming after the confirmation of breakout and a small retest📉
👀Current Price: $1.640
🚀 Target Price: $2.560
⚡️What to do ?
👀Keep an eye on #IMX price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#IMX #Cryptocurrency #TechnicalAnalysis #DYOR