IMX long IMX bounced off the support level and the ascending trendline. Bullish movement to $3.7 level is expected to happen next
IMXUSDT
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.
IMX --- Where is it heading?$7
W pattern
linear target already met
but still there's a double left in it.
(hope some of my followers got into this early and held)
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.
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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
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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.
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.
IMX to Reach $5 Soon After Halving DateWelcome to the 2024-25 Bull Run where whatever idea you make will inevitably hit their targets, I used targets from IMX history to map out the next targets eventually leading it to $5
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.
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.
IMX DAY TRADE 10% POSSIBLITYThank you for reading this update.
IMX seems to have high possibility to enter 10% increase in the coming time frame
imxIf it stabilizes above the red box, it can move towards the rest of the targets. If we have a reaction, it should be checked again.
#IMX Waiting to exit the triangle corner patternIt is moving in a medium-term ascending channel, which is currently in the support range and with the construction of lower ceilings, we should probably see a decrease to the specified levels, and then, if confirmed in the specified ranges, it can again raise the ceiling. Re test.
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IMX UDST AT VERY INTERESTING POINT.We have seen some big moves off this altcoin
but soon can be even bigger move up
Momentum can be big.
IMX/USDT Breaking out the pattern this is Bullish Momentum !!💎IMX has undeniably garnered significant attention in the market. Currently, IMX has successfully broken out of the descending channel pattern and is currently confronting a local resistance level.
💎 A potential scenario is that if the price manages to break out of this resistance level, it could continue its upward trajectory, with the probability of reaching our target in the bearish OB area.
💎 However, if IMX fails to break above the resistance level, there is potential for a downward movement, which could involve a retesting phase at the support area around 2.08 to establish new momentum.
💎 It's worth noting that there is a possibility of the price retracing to the demand area if the support area fails to provide a bounce and loses its significance. Historical data suggests that the demand area has exhibited strength in supporting the price during downward movements.
💎 Confirmation of a bearish trend would occur if IMX broke down below the demand area and fails to bounce when reaching the Bullish OB area, potentially leading to further downward movement.
IMXUSDTIs IMXUSDT exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.800.
What you guys think of it?
IMXUSDT #001 ( Good Opportunity to Buy $$$ ) Hello dear traders.
good days.
First of all thanks for your comment and support.
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On monthly Gann Square after rejection from 0.25 Gann Box , and support from lower Gann Fan line , it's ready to move retest 0.75 Gann Square price zone at next and last reversal time zone.
4HRS Bearish Gann Square is finished and expected to start bullish rally frome here .
Chart updated and plotted with help of Gann Square and Gann Box.
Safe trades and good luck .
long IMXIMX is bouncing off the support level and the ascending trendline. The bullish movement to the resistance level around the $2.5 zone is possible.
#IMX In time H1 and H4, a bearish structure has been formed, if the candlestick is not stabilized in the red box area or if we witness a candlestick rejection, this downward trend can continue until the green box area. Therefore, we can wait for a confirmation in the range that the failure will occur from below.
IMX - Potential 430% Swing LongJust a late-night brain dump. I've been trading IMX and WOO for the past 6 months almost everyday and noticed they respect my strategy in similar fashion - so i wanted to look for a correlation between their price action.
To my limited FA knowledge, they don't have anything in common at all, but that doesn't matter at all. With fractals, I don't care too much about the internal moves, but mainly pay attention to the swing points. It's pretty straightforward and an easy 430% win at worst if you just sit on your hands for 8-12 months. Could be a lot better if you'd take profit and compound them in between, but sometimes that doesn't end well.
Let's see how that plays out.
short IMXCRYPTOCAP:IMX broke through the ascending trendline. Decline to support level at $1.78 is expected to happen.
#IMXUSDT expect a correction of 3-9%SHORT #IMXUSDT
The asset is quite overbought, trading near a strong resistance zone, I expect a correction and an overlap of the fvg. To enter a position from the current price or at the price of 2.33
, I expect from 3-6-9% movement, one averaging at discretion, cross.
IMXUSDT: Navigating the Bearish Waves! 📉🌊Introduction: 🌐 Brace yourselves for a thrilling ride in the crypto seas with IMXUSDT! Traders are setting sail on a short position from $2.32, anticipating a correction in this overbought asset. Let's explore the details of this daring trade.
Trade Details: 💰 The short position (#IMXUSDT) sets sail from $2.32, with a stop-loss anchored at $2.61. The rationale behind this move lies in the asset being overbought and trading near a formidable resistance zone.
Technical Analysis: 📊 Navigating the 1-hour timeframe, it's evident that IMXUSDT is treading waters at a strong resistance zone, signaling a potential correction and the crossing of the FVG (Fibonacci Golden Zone).
Expectations and Strategy: 🎯 The plan unfolds with entering the position at the current price or at $2.33. Aiming for a 3-6-9% movement, with potential for one averaging down at the trader's discretion, it's a daring cross into bearish territory.
Trade Target: 📉 The anticipation is set for a 3-6-9% move, as the trader navigates the bearish waves in pursuit of profitable waters.
Conclusion: 🚢 IMXUSDT offers a thrilling opportunity to surf the bearish tides. Traders, fasten your seatbelts, set sail with caution, and ride the waves of potential profits in this exciting crypto journey! 🌊💹
