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IDEX / TetherUS

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IDEXUSDT trade ideas

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$ _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
34
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.
by MonoCoinSignal
4
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.
Long
by AlanSantana
IDEX Classic Falling Wedge PatternWe have the classic falling wedge pattern on the IDEXUSDT chart. We can see volume going up as an attempt is happening to break out of this pattern. An "attempt" because we consider this confirmed only after the daily candle closes. Previous support is being tested and holds based on the challenge of EMA21 and a higher low compared to February 24. It can grow... If not, we have a chart setup with LOW risk and HIGH potential reward. Trade at your own risk. Namaste.
by AlanSantana