Imxusdttrade
IMX middle term targets Watch this BINANCE:IMXUSDT middle term targets
Spot.
Possible Targets and explanation idea
➡️Weekly global fib levels. Zone (green box) marked in 2022 all zones you knew from last posts 2 years ago. Still relevant and will be relevant
➡️You can track with MP indicator how whales accumulate and distribute position
➡️From 0.38 IMX pumped to 3.70 and we got a 2 main signals to fix profit + RSI bearish div
➡️Now step by step they start accumulate position again. Green box relevant
➡️Tested on W tf fundamental value of token based on Take profit indicator
➡️Middle term target marked by green circle. Potential will be way higher
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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IMX/USDT planning for bullish move? 👀 🚀 IMX Today analysis💎Paradisers, IMXUSDT! We've observed a compelling shift as it breaks free from its descending channel, setting the stage for a potential bullish surge.
💎 For quite some time, IMX has been tracing the contours of a descending channel. However, in the shorter time frame (LTF), it has successfully breached this channel.
💎 We're confident in its potential to embark on a bullish trajectory and challenge the overhead bearish OB. Additionally, its current positioning within the demand zone amplifies the bullish outlook.
💎 However, always be prepared: if the price dips below the pivotal support zone, we might see a pronounced bearish downturn.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
IMXUSDT heading towards daily support, long favorable from thereThe price seems to be heading towards the daily support DS1. This daily support zone is sitting around 0.601-0.609. A long will be favorable from that zone as the probability of the price to bounce from that support is high. The target of the long trade shall be first 0.623 and then 0.634 as marked on the chart.