🆓IDEX (IDEX) Oct-20 #IDEX $IDEXThe $0.3 zone has been holding steady for the past 1 month and a lot of pumps have been generated from this zone so we can expect strong rally in this area in the near future. However, IDEX will be very dangerous if it loses the $0.3 zone and the next support that we can keep an eye on is the $0.26 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.3$ zone
🔴Buy : 0.3
🔴Sell : 0.36 - 0.42 - 0.54
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.3$ zone
🔵Sell : 0.3
🔵Buy : 0.26
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈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
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
IDEXUSDT trade ideas
IDEX/USDT - Accumulation within a ValleyBINANCE:IDEXUSDT
IDEX/USDT pair is trading within a valley and currenty it is going through an accumulation phase.
While writing this the price was trading around 0.51800.
Upper moves will find resistance at 0.52522, 0.54331 and 0.58508
Eventual bottom wicks will find support at 0.48580 and 0.44506.
If the momentum persists we anticipate IDEX to surpass its all time high in the next 3 weeks.
Please share your feedback in the comments section.
Asad Rindani
Co-Founder Crypto Swordfish