iMx Update: What a good pattern it isWe are seeing a Head and Shoulder bamboo.
Please use it to wash our hair to get fresh.
Don't be scare if price goes down to 1.2-1.4
That is very good chance to buy a ticket on this project.
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IMXUSDT trade ideas
IMX Head & Shoulders !Is the Active Head and Shoulders Pattern Forming?
An intriguing yet risky topic.
Intriguing because we have formed a head and shoulders pattern in a semi-bullish market. If Bitcoin, with its high dominance, corrects, our head and shoulders pattern could activate, with the first target being the ($1.21 - $1.06) range and then the final target being $0.80. This could be dangerous for those holding this currency.
All of this could happen if we see a daily timeframe candle close below the $1.64 range and wait for a pullback or confirmation candle.
Are we going back to crypto hibernation? What do you think?
This is just an analysis and not financial advice at all.
This may not happen and the complete opposite could take shape. I'm just sharing something intriguing with you.
IMX Targets $1.89IMX has lost support and is now trading below the Value Area Low, signaling a selling imbalance. The next area of support (Demand Zone), sits at $1.89. With a nice reaction from that level, a solid bounce and follow.
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Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
IMXUSDT Head and shoulders up to 2.6 then down to 1.4-1.6It forms a head and shoulder shape, it will be ready for a dump soon.
Be careful and buy around 1.4-1.6
Then sell 5++
Bullish continuation: final leg upDescription: Short/Mid-term perspective
- long signal MACD(d) zero crossing (from below)
- price above ema 111(d)
- ema contraction, ready for expansion
Price hit required 1.618fib level for a wave 3 (minute). 5th wave in the making. See potential price targets in chart.
IMX Long Trade SetupCurrent Situation:
IMX has experienced a sell-off this week but might be poised for a reversal. The current ENTRY box offers a favorable setup, incorporating multiple levels of confluence such as trend, 0.786 Fib, horizontal supports, and a reset Stochastic RSI on 12-hour and daily timeframes.
Trade Strategy:
Entry Point: Enter a long position within the $2.15 to $2.10 range.
Take Profit Targets:
First Target: $2.26
Second Target: $2.39
Third Target: $2.53
Stop Loss: Set a stop loss at a candle close under $2.09 to manage risk.
Risk Management:
Watch for weakness into the ENTRY box to reduce stop-loss risk.
Be mindful of leverage, as losses are amplified if the trade goes against you.
Alternative Long Zone:
If the current setup fails and IMX drops further, consider entering a long position in the $2.03 to $1.99 region.
Stay cautious and good luck with your trading! 📊📈
#Crypto #IMX #Trading #LongTrade #EntryPoint #TakeProfit #StopLoss #MarketAnalysis #Cryptocurrency #Blockchain
IMX/USDT Ready for a Bullish Reversal From a Key Support💎Attention Paradisers, There’s a vibrant opportunity for a bullish rally as #IMXUSDT is firmly following on the support of an ascending channel. Currently, it’s maintaining its stance at $2.204. With solid support at this level, #IMX is well-positioned to challenge and potentially break through the bearish order block located just above.
💎However, if #Immutable falters and descends below the $2.204 support, it might signal a weakening bullish force, potentially spiraling into a bearish trend. The next critical support zone lies at $1.98, a region known for its vigorous liquidity and history of sparking substantial upward corrections.
💎If CRYPTOCAP:IMX revisits this demand zone, securing a strong rebound is imperative to sustain bullish intentions. A failure here could amplify bearish pressures, sour the market outlook, and push prices to even lower thresholds.
💎Stay alert and adaptive, Paradisers. Your ParadiseTeam is continuously monitoring the market to ensure you’re well-prepared to navigate the dynamics of the #Immutable market.
MyCryptoParadise
iFeel thesuccess
IMX Long Trade SetupCurrent Situation:
Price Level: IMX is trading at a support level, making it an ideal entry point for a long trade.
Trade Strategy:
Entry Point: Enter a long position between $2.20 and $2.30.
Take Profit Targets:
First Target: $2.55 - $2.65
Second Target: $2.85 - $3.00
Stop Loss: Set just below $2.20 to manage risk.
Summary:
IMX is currently at a strong support level, providing a good opportunity for a long trade. Enter between $2.20 and $2.30, with take profit targets set at $2.55 - $2.65 and $2.85 - $3.00. A stop loss just below $2.20 will help to mitigate potential losses.
IMX PriceThe daily charts of the Immutable (IMX) signifies a rebound, but failed to retain the momentum and faced rejection near the 100 day EMA mark.
Reaching the new price levelsIf IMX manages to break through the key red resistance level and stabilize above it, there is a high probability that it will reach new price levels. This could indicate the beginning of a new upward trend, attracting the attention of many investors and analysts. It is also important to consider trading volume and overall market conditions to ensure the sustainability of this breakout.
Is a Head and Shoulders pattern forming on IMX?Hello everyone!
#IMX, I dare to suggest that a head and shoulders technical analysis pattern is forming on the chart.
It can be observed that the price reacts well as it approaches the 0.786 Fibonacci level. In this area, the left shoulder was formed and now the right shoulder may be forming.
The neckline is at a strong Fibonacci level of 0.618. The price potential upon completion of the pattern is around $0.85. However, the decline may be halted by Fibonacci levels of 0.5 - 0.382.
IMXUSDT short timeframe - buy and sell around 2.7-2.8Buy IMX around 2.5 stoploss 2.45
sell 2.7-2.8
This is forming the head and shoulder in the bigger timeframe, so be careful with this trade by making sure that you turn the stoploss on!
#IMX/USDT#IMX
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well, and the breakout was made to the upside.
We have a green support area at 2.00
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price: 2.12
First goal 2.24
The second goal is 2.33
The third goal is 2.43
#IMX/USDT
#IMX
We have a bearish channel pattern on a 4-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards in a strong manner.
We have a support area at the lower border of the channel at $1.60 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 2.20
The first goal is 2.74
The second goal is 3.18
The third goal is 3.72
IMXUSDT is Bullish IMXUSDT has given a breakout after bullish divergence appeared on RSI at 1H time frame. It broke previous lower high and printed a higher high, currently it is defining a new higher low, entry point has been determined through 0.382 of fib retracement level of current move. After defining a higher low, the price is expected to move up to new highs as per Dow theory. Targets are mentioned on the chart.
Imx negative divergence to whatch out! Imx gives negative divergence on a 1h chart. It may be a good otp around 2,25 and a small short scalp at least till 2.30.
IMXUSDT.PHello Trader BINANCE:IMXUSDT.P
valid breakout for 1 hour resistance. for the position of the long area can be limited to the area that I have determined.
entry area: 2.3832 - 2.3636
take profit 12%
stop loss 3%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
IMX 1H CHART with scottys bot..hello all here we have imx/usdt on the 1h chart im long what you guys think of this setup?
$IMX is bearish#imx price chart (1D candles) signs a bearish shoulder head likely continuation pattern in mid term.
Not financial advice.
IMX/USDT descending channel what next? 👀🚀IMX analysis💎Paradisers, #IMXUSDT is currently tracing a descending channel trajectory. This poses the question: Will we see a continuation of the downtrend, or is there uncertainty ahead for sellers? Let’s examine the potential outcomes.
💎 Notably, #IMX has surged above both the descending channel trendline and the 200-day Simple Moving Average (SMA) on the daily chart. This upward break signals strong control by the bulls, potentially heralding a continuation of the uptrend.
💎 Nevertheless, while #Immutable stays beneath the critical supply zone of $2.4553, the outlook could still lean towards bearish. A breakout above this level could shift the momentum towards bullish territory. In such dynamic market conditions, maintaining vigilance and trading strategically are paramount for success.
MyCryptoParadise
iFeel the success🌴
IMXUSD 1DIMX ~ 1D
#IMX Make purchases gradually in demand zone or buy after breaking this resistance line, with a minimum target of 15%+
