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
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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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
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
🆓Immutable X (IMX) Mar-28 #IMX $IMX
IMX has just conquered the $2.4 zone and is continuing to move up to the $3 and $3.6 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.2$ zone
🔴Buy : 2.4 - 2.2
🔴Sell : 3 - 3.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.2$ zone
🔵Sell : 2.2
🔵Buy : 1.9 - 1.6
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Immutable X (IMX) $14 !!!!IMX : Immutable X is a layer 2 protocol for trading Ethereum NFTs that gives users instant trade confirmation, huge scalability (9,000 transactions per second), and zero gas fees without compromising user ownership. Immutable X’s goal is to make minting and trading NFTs easier than trading traditional digital assets. (Link: www.one37pm.com )
It will follow the channel to the upward which could be match based on Fibonacci levels. Time is not predictable, therefore whenever the price reaches to the top you can close your position. Our expectation is around $14.