IMX/USDTIMX/USDT
It is in a long-term downtrend.
He managed to break the roof of the canal weakly.
If it can overcome the resistance of $1.15, the price can rise up to $2.
#IMXUSDT #IMX #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
IMXUSDT trade ideas
IMX TREND BREAKTHROUGH 24HAs you can see we breakthrough the trend i think if btc hold 22,5k or we breakthrough 24,3k we will see good bull move on the coin and we will see it in 1,8 and 1,9 and the coin has good project and good chart and i hope we re-test the breakthrough and we bounce to 1,90$ , invalid if we get back to the channel inside the trend .. HAPPY TRADING and I’m happy to receive your thoughts .
IMX/USDTCurrently, IMX is looking really good as it is looking explosive at the moment. Upside is clear and invalidation is pretty clear as well. Have fun trading it:). Levels are all provided! Peace
IMXUSDT | TRADING IN RISING WEDGEIMXUSDT has been taking resistance from its previous rising support. The price has took a beat multiple times from its previous rising support now acting as resistance. It is now in uptrend and making higher highs and higher lows while holding rising support. The bulls need to break above the rising resistance. While bears will be active only below break of rising support.
Trade your levels accordingly.
IMX USDT Long Setupdisclaimer:
no 100% strategy result will be correct, institutional trader & force majeur could suddenly change the price. use your money management well.
#Immutable long idea #fintwit$IMX - 4h Chart
Entry: 1.09$
Stop-Loss: 1.05$
Target: 1.33$
Risk Reward Ratio: 5.0
IMX long$IMX bounced off the support level and the bullish trendline. Rise to resistance level at 1.06 $ is possible.
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
IMXUSDT | KEY ZONEIMXUSDT recently broken the rising support. The price action hold the horizontal support zone. Now the previous rising support acts as a resistance. The rising resistance now confluence with the horizontal resistance zone.
The bulls need to break and sustain above the horizontal resistance. While bears will be in control below the resistance zone.
IMX SHORT +%9TARGET %4 STOPWe need to see 4-hour(maybe daily) closing and selling(negative) candles below the burgundy price line to open a position. The places i marked are possible targets.
The turquoise price line is the monthly resistance zone. You can use that area for stop. Don't forget to like the graphic! Good luck.
IMXUSDT BATBat
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
IMX shortIMX bounced off the resistance level. Asset broke trough off the ascending trendline. Bearish movement to support area at 0.884 is possible.
$IMX in Accumulation Possible short between $1.05 to $1.20. Not financial advice just sharing my knowledge. It is possible we might be moving to the spring region in the next week or two if the accumulation theory is correct. If the price action breaks $1.20 then this theory becomes invalid. If it goes below $0.64 then we should long from there and it would be the best buy(not financial advice) for a very long time. I am not sure how low it could go but I am going to accumulate in those price areas. Please do your own analysis before investing. More info on wyckoff methods here -https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
IMX imaginary pathThis is the path im imagining for IMX.
IMX has had a very good run up, on both the USDT and BTC pairings, so expecting a pull back here. The fact that the IMX/BTC pair is so run up, makes me believe that a pull back to the 0.618 line is very do-able.
I expect some consolidation under this resistance before finally making a break. Time span on this could potential be quite some time though.
Will try post some zoomed out charts below and also the IMX/BTC chart.
Immutable X (IMX) - Higher highs higher lowsOn the above 1-day chart price action has corrected almost 90% since late November. A number of reasons now exist to be long, including:
1) The ‘incredible buy’ signal.
2) Trend reversal. Higher highs and lower highs in both price action and RSI.
3) Price action is currently confirming support on the Golden ratio.
4) The 2-day BTC pair (below). If you’ve been paying attention to my publications those past 24 hours - wink wink nudge nudge.
Is it possible price action falls further? For sure.
Is it probable? No.
Good luck!
Ww
2-day BTC pair
Timeframe: hold it and forget it for at least 3 months to 1 year.
Return: 10x minimum.
Risk: Not more than 6% of trading portfolio.
IMX LONG 20220629Blue -> Green * n
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
IMX/USDTLong trade with high risk so position should be calculated carefully
I prefer a manual stop-loss
IMX has broken down, time to wait.It is now time to sit on our hands and wait for a good entry for IMX.
This rising ascending wedge technically wants to break down (and it has), ultimately constituting a bear flag pattern, that will now continue the preceding down trend.
If bitcoin were to nuke downwards, then the local low here (bottom of the range) would be a great place to sit.
Option 1 and option 2 make sense to me for longs, but I would argue that they sit a bit to close to then stay in them for any length of time. (Quick scalps here).
IMX short playHeres my thoughts on a little IMX short.
Mindful as always of what bitcoin is doing, but bitcoin has move back into resistance right now.
Targets at support/resistance below.
IMX longIMX broke trough off the upper boundary of descending channel. Bullish movement to support level at 1.07 is expected to happen.
