Immutable will be trending to the UPSIDE!Hi fellow traders, IMXUSDT is ready to make a move higher after completing the correction in ABC formation. Target the 4.1107 level. Good luck and trade safe!
IMXUSDT trade ideas
IMX Bullish Wave Analysis, for investment!IMX is completing Wave 4 correction around $1.00, preparing for Wave 5 upside. The breakout from the wedge pattern confirms bullish momentum.
📈 Target Levels (Fibonacci Extensions):
$4.48 (1.27 Fib)
$7.60 (2.27 Fib)
$13.90 (4.272 Fib)
🔍 Key Levels to Watch:
Support: $1.00 (Wave 4 bottom)
Breakout Confirmation: $1.60 - $2.00
If market conditions remain strong, IMX could see massive upside in the next bull run! 🚀
#IMX #Crypto #ElliottWave #BullRun #Altcoins
IMX coming back to excite gaming again! IMX looks like its back from the dead.
are we about to see this flourish in the bull run ?!
#IMX/USDT Analysis📉 #IMX/USDT Analysis 📉
SEED_DONKEYDAN_MARKET_CAP:IMX is rejecting the Diagonal Trendline in the 4-Hour timeframe.
🔄 Plan: Wait for a breakout and retest before considering a long position.
📌 Resistance: PDH $1.2518
📌 Support: PWL $1.1041
LONG POSITION FOR LONG TERM HOLD - IMXUSDT.PIt seems IMX already completed its WAVE 4 via its Elliot Triple Correction Wave WXYXZ.
I'm seeing that this is now attempting to form a mini wave 2 giving us a chance to enter long before it pumps again for long term hold until end of bull run.
Confluence:
- Elliot Wave 4 completed
- Elliot Triple Correction Wave completed
- Daily Market Structure Shift
- Daily Sell Side Liquidity Sweep
- Daily Order Block within OTE Level
Entry: 1.2188
SL: 1.1036
TP: Previous ATH (TP only 80% of your holdings then let it run until we find the tip of wave 3 - will update here later on)
Will #IMX Bulls Get Enough Momentum For a Bullish Reversal?Yello, Paradisers! Is #IMXUSDT ready to make a decisive move, or are we in for more consolidation? Let’s dive into the key levels of #Immutable:
💎#IMX has been trading within a descending channel on the 4-hour timeframe, creating a classic pattern of lower highs and lower lows. #IMXUSD got rejected from the descending resistance at $1.52 and is going to lower levels for liquidity capture.
💎For a bullish breakout, #IMX needs to push above the descending resistance near $1.524. A confirmed close above this level would pave the way for a potential rally toward the $2.000–$2.200 major resistance zone, where sellers are likely to step in. This scenario hinges on strong bullish momentum and volume so you can watch these for confirmation.
💎If #Immutable cannot get enough momentum to breach above the descending resistance then the probability is high that it will go lower for support. The support zone between $1.072 and $0.906 is crucial. This level has held firm during recent declines, providing a solid base for price action. The bulls have previously stepped here on these levels and defended them.
💎However, if #IMXUSDT breaks below $0.906 and closes a candle below this strong support, the bullish outlook will be invalidated. In this case, #IMX could retest lower levels, with the next key zone around $0.800 or lower, signaling a significant shift in market sentiment.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
IMX in short term!BINANCE:IMXUSDT
It's ranging in a Broadening wedge pattern so the price should stay in it for now!
It might retest the bottom of it before ascending further!
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This is not financial advice. Always manage your risks and trade responsibly.
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#IMX/USDT Ready to launch upwards#IMX
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.30
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.46
First target 1.56
Second target 1.64
Third target 1.74
IMXUSDT - Prepare for? I dont knowOkay sp IMXUSDT blue box suggests some battered gud ol rub, yeah boi
Means it is going to hold that position but slowly slowly go ups!
Green line - Point of extreme
imxOkay, I think it could be worth buying at 4 levels. But the green box is more important to me than the blue one and I expect a reaction in this area.
Is GameFi Making a Comeback with Immutable X (IMX)?The blockchain gaming sector is experiencing a significant resurgence, with Immutable X (IMX) at the forefront of this revival. On December 19, 2024, at 11:00 AM UTC, "Oxya Origin," a game developed by Ubisoft’s French incubator studio, is set to launch on Immutable's platform. This collaboration underscores the renewed interest in GameFi, blending gaming with decentralized finance (DeFi) elements through Non-Fungible Tokens (NFTs).
Market Analysis and Technical Insights
As of December 18, 2024, IMX is trading at $1.69 with a 24-hour trading volume of $98,397,272 USD, down by 6.29% in the last day. Despite this dip, IMX holds a substantial market cap of $2.86 billion, ranking it at #53 on CoinMarketCap with a circulating supply of 1.69 billion tokens out of a max supply of 2 billion. This market cap reflects a robust growth trajectory since its inception, reaching an all-time high of $9.50, which signifies strong investor confidence and potential for future growth.
The recent price action of CRYPTOCAP_OLD:IMX suggests a possible bullish trend. The token has immediate support at the 65% Fibonacci retracement level, offering a potential bounce back point for those looking to trade. The Relative Strength Index (RSI) currently sits at 38, indicating there’s room for the token to rally before being considered overbought. With the upcoming launch of Oxya Origin, analysts predict a surge towards the $2 resistance, a pivotal level before any significant correction or further breakout.
Immutable X's Technological Edge
Immutable X is not just another blockchain; it's a layer-two scaling solution specifically designed for NFTs on Ethereum. It tackles the blockchain's notorious issues like scalability, user experience, liquidity, and developer speed. By employing zero-knowledge rollups (zk-rollups), Immutable X promises zero gas fees for NFT minting and trading, alongside instant transaction confirmations and a transaction speed of over 9,000 per second. This scalability is crucial for mainstream adoption in gaming where speed and cost-efficiency are key.
Unique Positioning: Immutable X's focus on NFTs using zk-rollups positions it uniquely in the market. It's seen as a potential "NFT blockchain" due to its specialized approach to scaling solutions. The API abstraction layer simplifies interactions for developers, making integration into games and platforms straightforward. This ease of use is expected to attract more established companies in the gaming and content creation sectors, further fueling the ecosystem's growth. Additionally, features like the "Link" allow for seamless wallet connectivity, enhancing user experience without compromising security.
Ecosystem Growth: The launch of Oxya Origin, which has already seen $7 million in NFT sales and 13,000 ETH in secondary market volume, indicates strong community and investor backing. Immutable's ecosystem has grown impressively, with over 4 million signups for its Passport service and more than 460 games signed on, showcasing its appeal and scalability in the gaming industry.
Conclusion
Immutable X ( CRYPTOCAP_OLD:IMX ) stands at a pivotal moment in the blockchain gaming space. With its technological innovations, strategic partnerships like the one with Ubisoft, and robust market performance, CRYPTOCAP_OLD:IMX is not just making a comeback for GameFi; it's setting the stage for a new era of blockchain-integrated gaming. The technical analysis suggests immediate opportunities for traders, while the fundamental strengths of the platform indicate long-term growth potential. As we watch Oxya Origin launch, the market's response could very well dictate the next significant move for IMX, potentially pushing it past the $2 resistance level into new highs.
IMX/USDT.P Mini Correction before PUMP - Short PositionHi,
I'm seeing a mini correction before it pumps again! I think this will be the right time if we want to scoop up some profits via its correction.
Confluences:
4H Buy side liquidity sweep
4H Market Structure Shift
4H Order Block and Fair Value Gap within OTE Level
1H wave C
Entry Level: 2.0365
TP: 1.4750
SL: 2.2493
IMX is bullish#IMX has a good pattern for a rise the market has higher prices before and the pattern is perfect this was my last analysis on this coin 👇👇👇
IMX BUY!!!Hello friends
This currency has created a good position due to the failure of its downward structure.
In case of return, I have specified the areas where you can buy.
And if it reaches our buying range, it can move up to the specified targets.
This analysis is only reviewed from a technical point of view.
Don't forget capital management, friends.
be successful and profitable.
IMX looks bullish (2D)IMX appears to be within a large diametric pattern and is currently in the middle of Wave D. If it maintains the green zone, it could continue its upward movement for a long time to complete Wave E.
The long-term and mid-term targets are between $5.5 to $7.0.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#IMX/USDT Ready to go higher#IMX
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 2.00
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.02
First target 2.08
Second target 2.17
Third target 2.29
#IMX/USDT#IMX
The price is moving in a descending channel on the 12-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 1.35.
Entry price 1.50.
First target 1.62.
Second target 1.78.
Third target 1.90.
IMX | ALTCOINS | Altcoin that CAN STILL +25%Immutable (IMX) is one of few good alts tat hasn't quite seen the parabolic increases that the rest of the altcoin market has seen.
IMX still has some room for growth until it hits the next major resistance zone, and even more if you consider the previous ATH at 4.6 (currently at 2$).
Make sure you don't miss the Bitcoin update, and why I say the ATH is in :
___________________
BINANCE:IMXUSDT
IMX/USDT Long SL: -12.71% Tp: 76%IMX/USDT Long Setup
Reason:
Breakout from Major Resistance.
Successfully tested the support and resting on it.
LTF is bullish, expecting sudden strong bullish wave.
All technical indicators suggesting bullish momentum in short term.
Best Regards,
The Crypto Panda
BINANCE:IMXUSDT
BYBIT:IMXUSDT.P
MEXC:IMXUSDT
BITGET:IMXUSDT
IMX looking bullishIMX is looking good. Can see a move up to around $2.60 - $3.60 in the short term. I think that the gaming narrative in crypto is about to take off soon. IMX is the leading project right now in the crypto gaming sector. I expect big moves from IMX this altseason :)
IMXUSDT Broke out, 5-6x gain incoming!!Join our community and start your crypto journey today for:
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Let's analyse IMXUSDT fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Immutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security.
TECHNICAL ANALYSIS:
IMX has recently broken out of a symmetrical triangle pattern on the daily chart, suggesting a strong bullish trend. The price is currently trading above the crucial 200-day Exponential Moving Average (EMA), indicating a long-term uptrend. A significant increase in trading volume is expected to further fuel the rally. Additionally, a bullish crossover in the Moving Average Convergence Divergence (MACD) indicator confirms the positive momentum.
Key Level:
Entry: Current Market Price (CMP) to $1.56 (Dollar-Cost Averaging)
Potential Targets:
A potential 5-6x return from the entry point.
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