IMXUSDT.P trade ideas
IMX is too bullish IMX is too bullish although the instability in the market. IMX conformed a strong support on 1.46 zone and targeting 2.2 the cross between RSI 21 and the SMA 14 2 is amazing especially it occurred between 45 and 55 (the golden zone). usually we see bullish movements after this cross.
#IMXUSDT Update BUYI will buy this token, from the formed support zone, to the next zone. All the zones you can see on the chart. As you can remember, my previous analysis (sell) was correct, and we had provit. Now I'm looking for a buy. Be safe! If you want me to analyze other cryptos as well, so write it in comment section. And I will do it. Peace for everyone
Short IMX Potential bearish tradeToday we have another good opportunity risk reward short entry, for this bearish market.
In this case I am looking at some anomalies(big pumps without a reason inside a bear market) and short them when I believe they are close to top / ATH
Key points:
Type of entry : Short
Take profit level 1 : 1.6
Take profit level 2: 1.35 - 1.4
Stops loss : 2
Big things for IMX. But is the market about to finally recover?Here are some things to look out for, for IMX particularly.
Regardless of what news is coming out for the market or Crypto specifically,
If you're not investing into your favorite assets like a savings account
You're going to miss out on life changing money. Don't be scared and stop trying to time the bottom if you're not a Trader.
Have a great day, and I hope you have an even greater year.
Thanks GameStopFor dumping 14 million imx tokens you recieved on apes/retail.
You can see we broke down, broke up again and then we broke back down below but holding. The weekend will probably determine where we go.
Clearly not enough interest to keep this afloat and I believe it's mostly due to Very negative social sentiment. Leads me to believe this will be dropping further as one looking to get into imx will not be drawn in expecting further downtrend. LRC looks to have the better social sentiment at the moment.
Holding on the daily so far. Pucker up crypto is a rollercoaster.
IMXUSDT UPDATE
IMX is looking attractive here, price has made a retracement to the 0.618 fib and is already showing strength from buyers at this zone, price is retesting the previous trendline resistance as new support and potentially forming a double bottom on 4HR TF. We can see how the market is currently below the horizontal structure in confluence with the EMA'S. If we see price close above this zone we will be entering a SPOT long on the retest
IMXUSDT trade after completion of correctionIMXUSDT trade successfully falls in the correction range. Now our next prediction is trade will be in range between 38% fib level to 23% fib level until it crosses range then heads up towards 161% fib level. '
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