IDEX/USDT Poised for an Explosive Bullish Rally| IDEX Analysis 💎 Attention Paradisers! #IDEX/USDT is poised for a breakout from the descending channel pattern. It is crucial to monitor the daily close candle for a confirmed and valid breakout.
💎 If NASDAQ:IDEX sustains above the support trendline at this juncture, it will mark a validated breakout.
💎 Reviewing IDEX’s historical performance, it has maintained a consistent presence in a Strong Demand area. It is observed that NASDAQ:IDEX has repeatedly formed wicks to tap into an order block in the bullish OB, with the daily close consistently above the strong demand zone.
💎 The asset has faced numerous trials to breach the descending channel, each time meeting significant rejections and subsequently retracting to the strong demand area.
💎 The analysis may lose its relevance if NASDAQ:IDEX withdraws from the Bullish OB area, potentially indicating a further downward journey for the asset.
💎 Keep a close watch and stay informed!
Idexusdt
IDEX/USDT Break Out Alert! Bullish Momentum for IDEXYello Paradisers, IDEX’s Potential Breakout
💎 IDEX has Break out from the descending channel pattern. For a confirmed and valid breakout, it’s pivotal to observe the daily close candle. If IDEX manages to hold above the support trendline at this point, it will signify a validated breakout.
💎 A look back at IDEX’s history reveals its sustained presence in a Strong Demand area. Observations show that IDEX has consistently formed wicks to capture an order block in the bullish OB, with the daily close persistently above the robust demand zone.
💎 IDEX has undergone numerous tests and attempts to shatter the descending channel, each time facing substantial rejections and subsequently falling back to the strong demand area. However, today marks a deviation, with IDEX successfully breaching the descending channel. The anticipation now is for IDEX to maintain its position above the pattern as the daily candle closes.
💎 The analysis would lose its validity if IDEX retreats from the Bullish OB area, as this could potentially signal a further downward trajectory for IDEX.
IDEX ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the IDEX 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
IDEX ANALYSIS Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the IDEX 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
IDEXUSDT(IDEX) Daily tf Range Updated till 25-04-23IDEXUSDT(IDEX) Daily timeframe range. price action is not stable with this one. wicks here and there and straight p and d cause of past low volume. so risk management is first when comes to taking a trade here. tried to reach #0.11311, daily close above #0.08150 will give it another change else back to lower levels.
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$
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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.
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.
IDEXBUSD trade analysisIDEXBUSD trade has completed its correction now its way to move up to fulfil H&S pattern as shown in the graph. Potential buy position will be between 100% fib level to 78% fib level to achieve 400% fib level. Trade will boost up approximate 500% profit.
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