IDEX/USDTIDEX formed a new LL on higher time frames and looks bullish at the moment
we have a potential target between 0.07300 - 0.09000 ( may act as a retrace )
as well as it made a nice bounce from its 4H orderblock
IDEXUSDT trade ideas
$IDEX as a short opportunity like how it always have been. I wanted to share my perspective on IDEX as a short opportunity. There are several factors that lead me to believe this:
Low volume: The current trading volume of IDEX is significantly low, indicating a lack of interest and participation from the market. This lack of liquidity can make it challenging for the price to gain momentum.
Poor AMA (Ask Me Anything): The recent AMA conducted by the IDEX team failed to provide satisfactory answers or address concerns effectively. This lackluster communication can erode investor confidence and potentially lead to a negative sentiment surrounding the project.
Underperforming compared to NASDAQ:FLEX : IDEX's performance has been disappointing when compared to the performance of $FLEX. If a similar project in the same market is outperforming IDEX, it suggests that IDEX may not be capturing the attention or trust of investors as effectively.
Considering these factors, I believe that shorting IDEX could be a strategic move. However, please note that investing and trading decisions should be made based on thorough research and personal judgment. Market dynamics can be unpredictable, so it's essential to assess the risks involved.
IDEX ANALYSIS Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the IDEX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$IDEX- Support Retest Incoming!To trade and profit NASDAQ:IDEX ,patient is needed.
RSI- On the DTF is looking overly-bought and need to recoil in the coming days to likely 0.08/0.07 for long term correction
Short term retrace on the smaller TFs to likely 0.09/0.100 support(horizontal/diagonal)
My new target before long term correction is IDEX 0.15.
Volume is too impressive and no hit and run trades.
IDEXUSDT(IDEX) Daily tf Range Updated till 25-04-23IDEXUSDT(IDEX) Daily timeframe range. price action is not stable with this one. wicks here and there and straight p and d cause of past low volume. so risk management is first when comes to taking a trade here. tried to reach #0.11311, daily close above #0.08150 will give it another change else back to lower levels.
Idex price is pumping up, but for how long?For now, the BTCUSDT price is in a critical zone, where buyers and sellers are "debating" whether to go next: up or down.
IDEX buyers at this time decided to organize a coin pumping.
To be honest, we have not studied the project and what triggered this pump, because risk management does not allow us to trade such volatility. If you have any useful information about IDEX, please share it in the comments.
But we can share our opinion on where the price can go during the pump.
While we were writing this idea, the IDEXUSDT price reached the first target of 0.105$, as this is a strong liquidity level from which a correction to $0.062 can easily begin.
Are you itching to take part in this pump?)
Then at least wait until the IDEXUSD price breaks through and consolidates above 0.105$
If this condition is met, the following targets will be opened: 0.17$ and 0.25$
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A Bullish Journey Amidst Key Levels and IndicatorsIDEX is a cryptocurrency that has been trading at a current price of 0.07000, with a bullish RSI of 82.5 on the 4-hour timeframe. The volume oscillator is at 44%, indicating a healthy trading volume.
Looking at the Fibonacci retracement levels on the 4-hour timeframe, we can see that the price has surpassed the 0.5 Fibonacci level of 0.05781 and is currently trading above the 1 Fibonacci level of 0.06290. The next resistance level to watch out for is the upper Bollinger band at 0.06563, which could potentially serve as a short-term resistance.
On the downside, the 4-hour timeframe lower Bollinger band at 0.04755 could provide some support in case of a sudden price drop. However, a more solid support level can be identified around the 0.05272 Fibonacci level, which is a key level to watch for a potential bounce-back if the price were to drop further.
The MACD is currently showing a positive trend, with a value of 0.00236. The stochastic oscillators are at a high level of 85, which could indicate a potential overbought condition, so traders should be cautious and monitor the price closely.
The hourly EMA 50 at 0.05680 is another important level to watch, as the price has previously bounced off this moving average several times. A break above this level could indicate a continuation of the bullish trend, while a break below it could suggest a possible reversal.
The on-balance volume (OBV) is at 3.784B, indicating strong buying pressure in the market. The 24-hour high of 0.07245 and the low of 0.05318 provide additional reference points for potential resistance and support levels, respectively.
Overall, the IDEX chart presents a bullish picture, with several indicators pointing towards a continuation of the uptrend. However, traders should keep a close eye on the potential resistance levels and the stochastic oscillator, which could indicate a possible correction in the short term. The Fibonacci levels and the hourly EMA 50 can provide important support and resistance levels to monitor.
Learn and earn with 7-starthough Idex is bullish and trending. 7-star didn't print a buy signal. Why?
Idex did make some elephant candles but the next candle fell because of huge supply and after few drops it again shot up but our orange line was not stable and also was not below the price.
Our aim is to cut losses and get the maximum gain.
drop a message to know more about 7-star and its release
IDEXUSDT Hit 57.96% โ
๐๐ค ๐ฏ#IDEXUSDT
we published and shared this idea with you in our profile here as you can check the previous analysis for #IDEXUSDT
and this analysis gave really good and massive profits
Target 2๏ธโฃ : doneโ
Entry price: 0.04787$โ
Price reached : 0.07562$ โ
Profit: 57.96% โ
๐๐๐๐ค
IDEXUSDT Hit first target ๐ฏ#IDEXUSDT
we published and shared this idea with you in 18 january 2023 and gave good profits
Target 1๏ธโฃ : doneโ
Entry price: 0.04761$โ
Price reached : 0.06272$ โ
Profit: 31.73% โ
๐๐๐๐ค
Thank you, and for more ideas, hit "Like" and "Follow"!
You may also TELL ME in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! ๐๐
IDEX vs Tether Update (80% First, Up To 180% Next!)If you read my analysis for IDEXUSDT on the 14-March, you can easily tell that we are still on the same path...
The falling wedge pattern bullish breakout is now fully confirmed, the next resistance is set at 0.16290 or EMA50.
Once this level is taken out, IDEXUSDT can fly up.
It is easy to see ~80% on this chart setup and up to 180%+ if this move turns out to be strong.
It is still early though as we have no volume confirmation...
Thanks a lot for the continued support.
Namaste.