IMXUSD Just hit the 1D MA200! Another rejection?Immutable X (IMXUSD) is seeing a huge rally today, almost +50% so far, that has hit the 1D MA200 (orange trenf-line) and the top (Lower Highs) of the Channel Down. The previous 1D MA200 test (July 28) was a clear rejection and what started August's massive -46.80% decline. The last such decline (-46.95%) was in May/ June, the first sell wave within the dominant Channel Down pattern.
We are willing to buy every 1D MA50 (blue trend-line) pull-back and target the Higher Highs trend-line at 1.03500. If on the contrary the price breaks below the Higher Lows, we will sell and target a little above Support at 0.48000.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Immutablex
IMX/USDT Starting Accumulation, Bullish Momentum ??? Hello Paradisers, Token to Keep an Eye On!
💎 IMX has been rejected twice after reaching a strong demand zone. The hourly chart displays a double bottom pattern, signaling a favorable entry point.
💎 IMX is likely to test its supply zone next and will need to break through to sustain an upward trend. The presence of a strong green candle indicating bullish rejection is usually a sign that upward momentum and accumulation are underway.
💎 Should IMX fail to maintain its position in the strong demand zone, it's likely to drop to the Bullish Order Block (OB) area, where we can expect a significant rejection and a gradual break through the supply levels.
IMX: Ascending Triangle BreakoutTrade setup : Bullish breakout from Ascending Triangle, above $0.75 resistance, and with massive volume, could signal bullish trend reversal. Upside potential to minor resistance of $0.87 (200-day MA) or even $1.00 thereafter.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Neutral on Medium-Term basis and Downtrend on Short- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.55. The nearest Resistance Zone is $0.75, which it broke, then $1.00, and $1.30.
IMXUSD Hit the 1D MA200, buy signal if it closes above it.Immutable X (IMXUSD) is trading within a Channel Up pattern for exactly 1 year (since the July 30 2022 High). The price hit today the 1D MA200 (orange trend-line), breaking above the horizontal 0.236 Fibonacci retracement level while reaching the 0.236 Fibonacci Channel level. This is a sequence of Higher Highs, thus a technical uptrend.
The last time when all those conditions were met was on January 22 2023 and what followed was an aggressive rally nearly as high as the previous Channel Up top. If the 1D candle closes above the 1D MA200, we will buy and target the 0.786 horizontal Fibonacci level at 1.3850, also at the top of the 0.5 - 0.618 Channel Fib Zone.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
ImmutableX IMXUSDT Price Analysis (1h - 1d)📊✨ IMXUSDT on the 1h timeframe presents an interesting opportunity! Here's what we observed:
Support Zone: There is potential for a slight dip towards the $0.70 support zone, which could set the stage for a potential rebound.
Big Picture Analysis: Looking at the 1-day timeframe, we see a larger structure supporting an upward move.
RSI Divergence: IMXUSDT shows a strong correlation with RSI Divergence, making it a reliable indicator for predicting price movements.
Breakout from Resistance: The price has broken out from the red resistance line, signaling a potential rise and presenting a bullish opportunity.
Bullish Divergence: Prior to the breakout, a bullish divergence pattern was observed, further supporting the anticipated upward movement.
🎯 Price Targets: Our analysis identifies two significant targets at 0.916 and 1.164, representing strong historical resistance and support levels.
Considering the correlation, breakout, and bullish divergence, we anticipate a potential rise in IMXUSDT.
ImmutableX IMXUSDT Price Analysis (1d)Analyzing IMXUSDT on the 1-day time frame has revealed some interesting insights.
Here's an overview of our analysis:
RSI Divergence: Our analysis indicates that the price of IMXUSDT highly respects RSI Divergence, demonstrating a strong correlation between the two. This suggests that RSI Divergence can be a reliable indicator for predicting price movements.
Breakout from Resistance: Currently, we are witnessing a breakout of the price from the red resistance line. This breakout indicates a potential rise in price and presents a bullish signal for traders and investors.
Bullish Divergence: Prior to the breakout, we observed a bullish divergence pattern, further strengthening the indication of a potential upward movement. This pattern enhances our confidence in the anticipated rise in price.
Price Targets: Based on our analysis, we have identified two significant price targets. The first target is at 0.916, representing a strong resistance level in the past. The second target is at 1.164, which has served as a notable support level. These levels present attractive targets for potential price breakout
Taking into account the strong correlation between price and RSI Divergence, along with the breakout from resistance and the presence of bullish divergence, we have a compelling case for a potential rise in IMXUSDT. Our price targets of 0.916 and 1.164 provide clear levels to monitor for future price action..
IMX - ImmutableXI've made the decision to buy some IMX (SPOT) with a target of 0.95, 1.25, 2.1. I've split the order into three parts: the first at the 0.6, the second at 0.5 and third at 0.4.
The information provided here is for informational purposes only and should not be considered as financial or investment advice.
Failed Inverted Head and Shoulders pattern on Immutable(IMX)!!!Immutable has been moving between two 🔴resistance($1.3-$1.8)🔴 and 🟢support zones🟢 for about a year.
Also, Immutable failed to execute the Inverted Head and Shoulders Pattern correctly, and it seems that the resistance zone break was accompanied by a 🐻bull trap🐻.
I expect Immutable to go down again to the 🟢support zone($0.78-$0.$0.63)🟢.
Immutable Analyze ( IMXUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
IMX/USDT 60% Profit in My Short PositionsDear traders,
We bring you an update on the IMX/USDT pairing. As of today, IMX is trading at $1.22, with a recent low of $1.145. Our team provided a chart analysis earlier, suggesting that the price was at its peak and that it was advisable to sell or short. We're pleased to inform you that our prediction has been accurate, and we have booked a substantial profit from the short sale, which we shared with our channel members.
As of now, we believe that there is still potential for a further downside move, and we anticipate that IMX may test the 0.618 fib retracement level, which is approximately $1.0. We have opened a short position and have also booked considerable profit on it.
We are thrilled to share our analysis with you and hope that it has been useful. Please like, share, and follow us for more updates. Thank you for your continued support.
Best regards,
IMX: Pullback in UptrendTrade setup: Price broke above $1.30 resistance where it got rejected in February and now it’s retesting that level. If successful, that would indicate that buyers are still in control and price could revisit $1.60 resistance.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance: Nearest Support Zone is $1.30 (previous resistance), then $1.00. The nearest Resistance Zone is $1.60.
IMX/USDT Main trend (part)Logarithm. Time frame 3 days. The main trend (part).
The idea shows the true highs of pumping $9.3172.
From the peak, the price has dropped by -95% (acceptable for such altcoin HYIPs). Minimum $0.376.
The price is now $0.72 after working off double bottom targets.
The price has gone to an important mirror resistance.
Schematically, conventionally, showed the potential movement.
It is also worth noting that this cryptocurrency is associated with a gaming HYIP, hence, in addition to the market cycle, the price is significantly affected by the real application of this protocol in the gaming industry.
ICO — $0.16.
It is worth noting that the ICO took place in November 2021. Price $0.16.
This is what the trend looks like on the line chart.
Bullish Outlook for IMX Crypto Ahead of Mystery Announcement📈🔍📣 Taking a closer look at IMX Crypto, it's showing promising signs for a potential upward trend with a mystery announcement on the horizon.
🕵️♂️💰🚀 I'll be watching closely and considering a long position with a tight stop loss.
Long = $1,0737
My Stop Loss = $0,9634
My Take Profit = $2,0737
Remember, not financial advice. #IMX #cryptotrading #bullish #mysteryannouncement
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.
ImmutableX - IMX - Making a powerful move off daily bottomImmutableX - IMX - Making a powerful move off daily bottom
ImmutableX has been riding a daily bottom for some time, and recently has burst above the 200 and 314 moving averages.
The 4h chart looks strong and has passed above a recent high. Daily charge shows quite the clear move of more than 100% gains before resistance.
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
IMXUSD Strong buy signal on an emerging Golden CrossImmutable X (IMXUSD) is on a strong rise, the 4th straight currently green 1D candle since the consolidation around the 1D MA200 (orange trend-line). The price has long ago broken above the Bear Cycle's Lower Highs trend-line, and has set course to fill the upper Fibonacci retracement levels.
The 0.236 is already hit, next is the 0.382 Fib (1.063) where we expect a small pull-back as it effectively matches many rejections from May to July and then the July 30 High (1.3100).
Notice that the bullish trend is evident as the 1D RSI invalidated its Bearish Divergence.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Febuary 2 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The US Federal Reserve announced a 25 basis point increase in its benchmark interest rate to a range of 4.5% to 4.75%, the smallest increase since March last year. Bitcoin is up 3.73% over the last 24 hours and rose to an intraday high of $24,263.89. The largest cryptocurrency rose above $23,800 after the Fed's interest rate decision as the results are in line with the expectation. Investors will focus on more information in the next two days, including initial jobless claims, tech company earnings reports on Thursday, such as Amazon (AMZN) and Alphabet (GOOGL), and unemployment data on Friday. If the results are better-than-expected, the BTC/USDT pair could rise to $25,000.
Today’s Cryptocurrency Headline
ImmutableX to Launch All-In-One Web3 Gaming Passport System
ImmutableX, the Ethereum scaling system, plans to launch the all-in-one pass system Immutable Passport in April this year, aiming to provide Web3 gamers with non-custodial wallet, player profile, and identity verification solutions, and help Web3 game studios attract new players. According to reports, Immutable Passport is similar to Xbox Gamertag or Apple ID. It does not require a password when logging in, does not retain the user's private key, and does not participate in signing transactions. Players will be able to access tools integrated into Immutable Passport, including digital wallets, fraud protection, and seamless authentication across Web3 games and marketplaces.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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