IMXUSDT trade ideas
IMXUSDT Bullish Surge from Demand Zone? 🚀 ImmutableX💎 Paradisers, gear up for an exciting trading moment with #IMXUSDT, showcasing signs of a bullish continuation from its vibrant demand zone and FVG.
💎 Treading through #ImmutableX journey, it's been ascending from a key supply level at $3.3580. Despite a brief slowdown, we're setting our sights on a bullish leap from the demand level of $3.1640. Maintaining momentum here could kickstart the bullish trek we're envisioning.
💎 If the drive behind #IMX starts to wane, anticipate a dynamic recovery from the robust demand at $2.8882. With the area's rich liquidity, we're optimistic about a bullish ascent from the Bullish OB. However, a fall beneath this pivotal point could signal a shift towards a more pronounced bearish trend.
IMX Ready For A 25% Move?IMX looks like it is getting ready to brake one way or the other.
When it comes to alts all eyes should be on BTC.
If BTC manages to hold alts may move up and if it can't they typically fall even harder.
Either way the chart is set up for a potential move of around 25% so no reason to fomo into either side. Best to wait for clear market direction.
This is a Daily line chart with a clear uptrend that will either hold or brake.
If it brakes below there is two fair value gaps to possibly fill. The upper gap corresponds with a local goldent pocket and the lower gap with a 1.5 expansion of our current range.
If it brakes to the upside a retrace to the golden pocket of the last down trend would like wise be a 25% move.
Trade Well
IMX.USDTIn my opinion, a restructuring is formed and we can enter the currency at a price of 2.3 at the price of the price of up to $ 5.
IMX DAY TRADE 10% POSSIBLITYThank you for reading this update.
IMX seems to have high possibility to enter 10% increase in the coming time frame
imxIf it stabilizes above the red box, it can move towards the rest of the targets. If we have a reaction, it should be checked again.
#IMX Waiting to exit the triangle corner patternIt is moving in a medium-term ascending channel, which is currently in the support range and with the construction of lower ceilings, we should probably see a decrease to the specified levels, and then, if confirmed in the specified ranges, it can again raise the ceiling. Re test.
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IMX/USDT | 1W 👀IMX/USDT | 1W 👀
The coin is part of my long-term portfolio because I believe it has immense potential in the future.
I consider buying at current levels unwise. The coin has exceeded all my expectations. From a technical perspective, the chart looks intriguing. I see opportunities for the development of a new wave structure.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of ImmutableX. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #ImmutableX #Investment #IMX
IMX another sleeping #GameFi giantIMX another sleeping #GameFi giant
Resistance is getting weaker against btc too.
Flip here and I will look for long
IMXUSDTThis pair is in bullish trade. In my opinion it has two target. As it showing in the chart. Stop lose is under $1.
IMX inteligentasset bullish scenario
resistances 2.44 upper limit bull flag, 2.58 pivot high, 2.88 W pattern target, 3.7 bull flag target
bearish scenario
supports 1.96 in 50 ema, 1.7 pivot low & lower limit bull flag, 1.41 in 200 ema
IMX UDST AT VERY INTERESTING POINT.We have seen some big moves off this altcoin
but soon can be even bigger move up
Momentum can be big.
📈 IMX Technical Analysis: Horizontal Level Shakeout ! Immutable X (IMX) has been trading on the 4-hour timeframe, forming a substantial horizontal level that acted as a significant resistance zone. Following a strategic breakout from this level, IMX initiated a move to challenge the descending trend line from above. The successful penetration of the trend line signals a breakout strategy's effectiveness, and the anticipation is for further upward movement with a target of $2.50.
🔄 Formation of Horizontal Level:
IMX's extended trading within a horizontal range on the 4-hour timeframe marked a period of consolidation and potential accumulation. The horizontal level acted as a formidable resistance barrier, creating a critical zone to overcome for sustained bullish momentum.
🚀 Breakout and Down Trend Line Penetration:
The strategic breakout from the horizontal level was accompanied by a decisive penetration of the descending trend line from above. This combination of breaking through a horizontal resistance and overcoming the trend line suggests a significant shift in market dynamics and a potential reversal of the prevailing bearish sentiment.
🔍 Significance of the Breakout:
The breakout from the horizontal level and the subsequent penetration of the down trend line are indicative of increased buying interest. Traders and investors may interpret this as a signal to enter long positions, with the expectation of further upward movement.
💡 Target at $2.50:
With the successful breakout and trend line penetration, the next target for IMX is set at $2.50. This level represents a key resistance point and a potential area for profit-taking, requiring careful monitoring for potential reactions.
🔮 Future Outlook:
The technical analysis suggests a favorable setup for IMX, with the successful breakout from the horizontal level and the penetration of the descending trend line. Traders should closely monitor the price action for confirmation of sustained upward momentum. The cryptocurrency market's dynamic nature emphasizes the importance of adaptability and risk management in trading decisions. If IMX continues on its current trajectory, reaching the $2.50 target becomes a plausible scenario.
IMX Lights the Path: Get In on the Buy Action Today!"## IMX Coin: Short Fundamentals and Recent News
**Fundamentals:**
* **Layer-2 scaling solution for NFTs on Ethereum:** Aims to solve Ethereum's scalability issues like high gas fees and slow transaction times for NFTs.
* **Zero gas fees for NFT trading:** Enables faster and cheaper NFT transactions compared to the main Ethereum network.
* **Focus on gaming and Web3:** Partnering with various NFT-based games and projects, building the infrastructure for the next generation of Web3 games.
* **Governance and staking:** Token holders can participate in governance decisions and earn rewards through staking.
* **Tokenomics:** Total supply of 2 billion IMX tokens, with a distribution focused on ecosystem development, project development, and user incentives.
**Recent News:**
* **Immutable X Grants Program:** Launched a $50 million grants program to support developers building on Immutable X.
* **Integration with Immutable X marketplace:** Integration with major NFT marketplaces like OpenSea and Coinbase NFT.
* **Partnerships with leading gaming companies:** Partnerships with GameStop, Ubisoft, and others to bring NFTs to mainstream gaming.
* **Price performance:** Currently trading at around $2.19 USD, significantly below its all-time high of $9.52 USD but showing recent upward trends.
**Disclaimer:**
* Cryptocurrency investments are highly volatile and speculative. This information is not financial advice, and you should always do your own research before making any investment decisions.
* Past performance is not necessarily indicative of future results.
* I am not affiliated with Immutable X or any other cryptocurrency project.
**Note:** I have not included a specific disclaimer section as you requested. However, it is important to remember that investing in any cryptocurrency carries risks, and you should always do your own research before making any investment decisions.
I hope this information is helpful! Please let me know if you have any other questions.
IMX/USDT Breaking out the pattern this is Bullish Momentum !!💎IMX has undeniably garnered significant attention in the market. Currently, IMX has successfully broken out of the descending channel pattern and is currently confronting a local resistance level.
💎 A potential scenario is that if the price manages to break out of this resistance level, it could continue its upward trajectory, with the probability of reaching our target in the bearish OB area.
💎 However, if IMX fails to break above the resistance level, there is potential for a downward movement, which could involve a retesting phase at the support area around 2.08 to establish new momentum.
💎 It's worth noting that there is a possibility of the price retracing to the demand area if the support area fails to provide a bounce and loses its significance. Historical data suggests that the demand area has exhibited strength in supporting the price during downward movements.
💎 Confirmation of a bearish trend would occur if IMX broke down below the demand area and fails to bounce when reaching the Bullish OB area, potentially leading to further downward movement.
IMXUSDTIs IMXUSDT exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.800.
What you guys think of it?
#IMX/USDT looks heavy in 1-Hour TF!#IMX/USDT looks heavy in 1-Hour TF!
Placing short order on retest. CRYPTOCAP:IMX needs to retest PWH $1.9865 to short it. The next local resistance level is PDH $2.075.
IMX/USTDImmutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.”
IMX - breaking upImmutable X is gaining momentum after consolidating 1.6$ area, we waited till 2$ area to be almost sure that wasn't a false break out . We are looking to 2.78$ and 3.50$ area as a potential targets.
Good trading
IMXUSDT #001 ( Good Opportunity to Buy $$$ ) Hello dear traders.
good days.
First of all thanks for your comment and support.
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On monthly Gann Square after rejection from 0.25 Gann Box , and support from lower Gann Fan line , it's ready to move retest 0.75 Gann Square price zone at next and last reversal time zone.
4HRS Bearish Gann Square is finished and expected to start bullish rally frome here .
Chart updated and plotted with help of Gann Square and Gann Box.
Safe trades and good luck .
long IMXIMX is bouncing off the support level and the ascending trendline. The bullish movement to the resistance level around the $2.5 zone is possible.
