IMXUSDT
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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CryptoCheck
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.
IMX/USD Has huge upside potential if this support zone holdsHello traders,
I leverage Elliott Wave to identify patterns in the market but pair 3 other crucial components with it to execute a full trading system called the NewWave System.
This chart highlights how IMX could have the potential to create a new cycle towards the upside. It pulled back to a .618 retracement of previous cycle, we have a double tap on crucial support zone of previous cycle and our current rally is steep enough to potentially work its way through the red resistance zone as the start of something.
Let me know in the comments below if this looks appealing to you or if you see something more concerning OR optimistic than I've highlighted here.
Creating successful traders,
NewWave Traders
Immutable X (IMX) formed bullish Gartley for upto 54% pumpHi dear friends, hope you are well and welcome to the new trade setup of Immutable X (IMX) with US Dollar pair.
In the previous trade IMX pumped well:
Now again on a daily time frame, IMX has formed a bullish Gartley pattern. There is also hidden bullish divergence on the daily chart, as the priceline is setting a higher low and RSI is forming a lower low.
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
IMX Short - Going for correctionReasons to take Short:
⭐️ BTC 100 ATR
⭐️ We coudn't update high
⭐️ Bulls are weak
⭐️ Trendline is clearly seen on daily timeframe
⭐️ 6th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Immutable X (IMX) formed bullish Gartley for upto 33% pumpHi dear friends, hope you are well and welcome to the new trade setup of Immutable X (IMX) with US Dollar pair.
On a daily time frame, STRAX has formed a bullish Gartley pattern:
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