IMX: Pullback in UptrendTrade setup : Pullback in Uptrend. Price encountered selling pressure (resistance) at $1.30 level and pulled back to $1.00 support, which could be an attractive swing entry in Uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.00, then $0.80. The nearest Resistance Zone is $1.30.
IMXUSDT
IMXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for IMXUSDT
In the current chart, R2 and R1 are the resistance areas which contain the unsuccessful attempts of the price to rise. S1 used to be a resistance line. And S2 is our long-term support area at the bottom expressing the well support of price at several points. Therefore, the price could break S1 upward and we see its fluctuation above this area. The existence of a red candle means the price would have another fall to reach the bottom of S1 and then by providing us some confirmation candles for a rise, there is a possibility of an increase up to R1 and even higher than that. You know that in case the price loses the support at any point and falls below S1 area, surely more decline happens to it. We recommend you to have every piece of information and idea via our analyses for receiving more profitable trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
is IMX making a cup&handle?Volume peaks at the bottom and now close to the resistance zone seems to go toward this direction. To be fair I was watching at it to short it because, then, after a bit I realized that the short I wanted to take should form the handle. I'm not sure about this so I am waiting.
However should I lose train this for the short it's better to watch out for the possible long. If I'm right retracement should hit Fib 0.382, if I'm wrong.... use stop loss ahahah
Good luck
P.S.
don't mind those short setup inside the OB, I'm still unsure on what to do with that idea
Immutable X (IMX) forminb a bullish BAT for upto 17.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Immutable X (IMX) with US Dollar pair.
Our last successful trade of IMX was as below:
Now on a 4-hr time frame, IMX is completing the final leg of a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Immutable X (IMX) potential resistanceI advise taking some profits at this level or at least moving your stop-loss tighter.
We are approaching a resistance level and the Bull Market Support Band (basedon EMAindicators) is also getting close to the price. There is a convergence with the latest breakdown's 50% Fibonacci level as well. The RSI and Stochastic RSI are also showing overbought levels on the daily timeframe. Of course the price can break through these levels, regardless but statistics-wise these resistances can pivot the trend. Volume is very low so there are not many traders - or not many with significant amount of money in this pump.
ImmutableX (IMX) Close to its BottomThe Keltner Channel signs for ImmutableX (IMX) show that the current bear run may stop for a while because the latest candlesticks are slowly reversing from the lower end part of the second half of the channel.
Been dramatically falling from the price region of $4.671, IMX broke many psychological support levels, forming a new lower low every month and now trading at $0.401.
If bears are still taking their place in the IMX market, IMX could break its current support level of $0.385 and reach $0.303.
Support : $0.385 - $0.307
Resistance - $0.739 - $0.614
IMXUSDT - WATCH OUT❗ Trade with CautionHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A quick look at IMXUSDT. The chart is not looking strong and at this point, it's looking more like a liquidity ruggpull. However, the team and the website has been confirmed to be real and not a scam so it could make a part of a diversified portfolio. The first target being the previous point with the highest volume at $1.8.
Even though there is upside potential, I would trade this coin with caution and always remember to use a stop-loss !
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IMX - a promising project or a wrapper?The chart shows us a local break of the trend line.
But the resumption of buying is weak, without positive dynamics.
Possible test of support, which will be a confirmation of successful purchases.
If you like the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.