IMXUSDT trade ideas
✴️ ImmutableX Chart Mapped | Dispelling All DoubtsI can still feel the doubts in the air...
What is it?
Is it really doubt or is it fear or caution?
Oh... I see, it is some kind of disbelief, that's the energy that I am perceiving still lingering in the air.
I can understand... The market conditioning we talked about a few months back.
After so much negative, it is hard to belief, it is even hard to imagine that good can happen... That yes, the market is actually doing great.
Since I understand, I can't tell you to just remove your doubts, sleep easy and to be strong... No, this is something that can only be said with proof, once the market confirms what we are looking for.
This journey started in November 2022... The bottom for Bitcoin, higher lows for some Altcoins but still the atmosphere was quite bleak and doom.
And then December comes... Bearish confirmation, many Altcoins move lower and hit new lows... But, guess what, January changed everything and that's the confirmation you needed, that's what you were waiting for to accept that the market did in fact bottom in July and that a bullish breakout after a long period of consolidation is a classic proof of change.
And so the year started positive for all of us... Yes!
But the news and controllers continued to attack everything that you love, like and enjoy, but reality doesn't change.
The fact is that the earth is inhabited by billions of humans and only a handful are trying to stop freedom, innovation, change.
The correction comes in and people already forgot that the confirmation already took place, we get the higher low, many Altcoins move ahead, the resumption of the bullish wave.
Bitcoin hits new highs Ethereum as well... Even the Altcoins vs Bitcoin pairs start to recover printing 2-3 digits in a single day.
No more confirmation needed, the bear market is over, we are now in a bullish phase.
How long will it take for you take wake up and start focusing on the long-term?
Who cares if the market drops...
Who cares if another bank fails...
Just think long-term... We are talking about 5 years into the future, 10 years into the future, 20 years into the future... Where were you 10 years ago?
Where will you be 10 years ahead?
Do you really think people will be using cassettes and landline?
Do you really think people will continue to ride horses to get to work?
Life is a process of change, the world will always continue to evolve.
Cryptocurrency is the future.
Bitcoin is the future.
The old system is already dead and gone.
It is impossible to avoid, if not Bitcoin, something else will come up.
The truth is that the name doesn't matter, humanity will continue to move forward, the Cryptocurrency market is set to continue with its growth.
Just look at the chart.
Namaste.
IMX/USDT 35% down from our entry... Congrats #IMX has hit our targets!
Our short call resulted in a 35% profit from entry
I've closed my position and waiting for a potential reversal.
If support holds, we could see an upward move. Otherwise, our next target is $0.88.
Remember to always wait for good confirmations before opening a trade.
Happy trading!
#cryptotrading #technicalanalysis #IMXUSDT #crypto #alts #Altcoins #binance #Profit
Failed Inverted Head and Shoulders pattern on Immutable(IMX)!!!Immutable has been moving between two 🔴resistance($1.3-$1.8)🔴 and 🟢support zones🟢 for about a year.
Also, Immutable failed to execute the Inverted Head and Shoulders Pattern correctly, and it seems that the resistance zone break was accompanied by a 🐻bull trap🐻.
I expect Immutable to go down again to the 🟢support zone($0.78-$0.$0.63)🟢.
Immutable Analyze ( IMXUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
IMX/USDT 60% Profit in My Short PositionsDear traders,
We bring you an update on the IMX/USDT pairing. As of today, IMX is trading at $1.22, with a recent low of $1.145. Our team provided a chart analysis earlier, suggesting that the price was at its peak and that it was advisable to sell or short. We're pleased to inform you that our prediction has been accurate, and we have booked a substantial profit from the short sale, which we shared with our channel members.
As of now, we believe that there is still potential for a further downside move, and we anticipate that IMX may test the 0.618 fib retracement level, which is approximately $1.0. We have opened a short position and have also booked considerable profit on it.
We are thrilled to share our analysis with you and hope that it has been useful. Please like, share, and follow us for more updates. Thank you for your continued support.
Best regards,
IMX: Pullback in UptrendTrade setup: Price broke above $1.30 resistance where it got rejected in February and now it’s retesting that level. If successful, that would indicate that buyers are still in control and price could revisit $1.60 resistance.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance: Nearest Support Zone is $1.30 (previous resistance), then $1.00. The nearest Resistance Zone is $1.60.
IMX ANALYSIS (30M)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/BUY the IMX 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
IMXUSDT trading around 4h support, soon to decide directionSo here is an update for IMXUSDT. The price is currently trading just above 4h support zone 4HS1 marked on the chart. Till this support holds, it is likely that price will aim towards the next resistance around 1.734 as marked on the chart with horizontal line. In case it loses this 4h support, the price will likely head towards the daily support DS1.