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IMXUSDT

Failed Inverted Head and Shoulders pattern on Immutable(IMX)!!!Immutable has been moving between two 🔴resistance($1.3-$1.8)🔴 and 🟢support zones🟢 for about a year. Also, Immutable failed to execute the Inverted Head and Shoulders Pattern correctly, and it seems that the resistance zone break was accompanied by a 🐻bull trap🐻. I expect Immutable to go down again to the 🟢support zone($0.78-$0.$0.63)🟢. Immutable Analyze ( IMXUSDT ), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
10
IMX/USDT 60% Profit in My Short PositionsDear traders, We bring you an update on the IMX/USDT pairing. As of today, IMX is trading at $1.22, with a recent low of $1.145. Our team provided a chart analysis earlier, suggesting that the price was at its peak and that it was advisable to sell or short. We're pleased to inform you that our prediction has been accurate, and we have booked a substantial profit from the short sale, which we shared with our channel members. As of now, we believe that there is still potential for a further downside move, and we anticipate that IMX may test the 0.618 fib retracement level, which is approximately $1.0. We have opened a short position and have also booked considerable profit on it. We are thrilled to share our analysis with you and hope that it has been useful. Please like, share, and follow us for more updates. Thank you for your continued support. Best regards,
Short
by CryptoPatel
4
IMX: Pullback in UptrendTrade setup: Price broke above $1.30 resistance where it got rejected in February and now it’s retesting that level. If successful, that would indicate that buyers are still in control and price could revisit $1.60 resistance. Trend: Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance: Nearest Support Zone is $1.30 (previous resistance), then $1.00. The nearest Resistance Zone is $1.60.
Long
by altFINS