IDEXBUSDsee and watch :)
According to Price Action, the candle closes daily where the price has not closed in the past in this area and therefore has room for good growth.
IDEX
Idex what I am seeingThe fib is pretty much speaking for itself. we will have to break through the $3 mark to become bullish again. the market is chopping everything just be sure to take profit at resistance levels always good to secure earnings.
Looking at the yearly chart we are always above the last resistance mark which is bullish for the year investors.
I am not a professional and open to any suggestions.
IDEX - What can we expect?Idex is still in a downward channel. There is strong support in the area marked in green. A confirmation on this support is important now. I expect a trend reversal when we approach 21 sma and exit the downward channel. Otherwise we could test more lows.
$IDEX Target 4.67 for 25.88% Or next add level is at 2.75$IDEX Target 4.67 for 25.88%
Or next add level is at 2.75
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IDEX/BUSDT - cup with handle + inv head and shouldersHello everyone, analyzed the IDEX/BUSDT pair
The formation of a cup with a handle, as well as the possible formation of an inverted head and shoulders pattern.
It is worth noting that there is a small price gap on the 4 hour timeframe. Algorithms cover such areas. So I think the formation of an inverted head and shoulders is more than obvious.
To understand this, the price must consolidate below the resistance level for at least 1 day on the daily timeframe.
There is also a second option, it is a breakdown of the resistance level, and the price goes beyond these boundaries.
Target on the FIBO grid.
Stop loss - everyone chooses for himself, following his own trading system.
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Go to my free channel and chat with other traders. Link in the description
Write your opinion, whether there is a place to buy here, and open a long position
cup with handle + possible inverted "head and shoulders"
$IDEX Trade Plan. Average 3.85-----> Target 4.81 for 24.94%$IDEX Trade Plan. Average 3.85-----> Target 4.81 for 24.94%
Or I will be add at 2.89
BTC consumes as much energy as the entire country of Pakistan?According to MarketWatch, bitcoin consumes as much energy as the entire country of Pakistan, and almost as much as the Netherlands..
Hard to believe, but that's what it says.
Is that really sustainable? Or even necessary, for that matter..
IDEX PT $6.38IDEX's first move in November is identical to the last 2 weeks , almost to the day
Pink arrows = first move
- Retracement to .786 off the high
- Extension sets price target at $5.59 - first green circle - dead on
Blue arrows = second move
- Retracement to .786 off the high
- Extension set price target at $6.38, green circle
OBV don't use Fib all alone. FWIW: RSI tanked the last week and volume has been in the drain during the sell off
Thoughts?
IDEX - from mars to the moon or earth?I think we will test 50 MA and Fibo level at 3.40-3.20, and turn up from the moon to mars if not enough fuel, then back to the earth to support and Fibo level at 2.70.
Those perfect set ups..Just because you didn't get that perfect price, doesn't mean that you just should give up.
I remember seeing this stock last year and thinking to myself that it looked like the perfect set up.
Bitcoin , as with all speculative securities, was going parabolic, and RIOT was probably the top sympathy play in the crypto company sector, but I missed the initial move, and just forgot about it.
I`ll just be honest: it`s very hard to look at right now..
IDEXThey still have monthly call options, that, should this trend continue unabated, could be very lucrative one day..
Some private investor just dropped 62 million $ on them according to their latest 8k.
Good luck everyone
Let’s makes some moneys