IMX forming good signals upward.
We mentioned all targets for profit and the risky points,
We are pleased to inform you that we passed the final phases to publish our AIO indicator with Smart strategy.
IMX is deep into its bull trend along with the rest of the crypto market. We have fewer signs of a reversal on this chart compared to others, but many of the same themes are playing out.
How do we trade this? 🤔
We have three pushes to the upside in a bull channel, an RSI at 73.00, and an upcoming Resistance Zone that support the idea of a reversal. However,...
In time H1 and H4, a bearish structure has been formed, if the candlestick is not stabilized in the red box area or if we witness a candlestick rejection, this downward trend can continue until the green box area. Therefore, we can wait for a confirmation in the range that the failure will occur from below.
Immutable has fallen out of the bull channel and is trailing sideways around the 30EMA. We don't have any signals to determine if the next move is a drop or pop.
How do we trade this? 🤔
We don't have enough justification to enter a trade in either direction at this time. What we do have; The macro trend is clearly bullish, we're still above the 200EMA and...
Immutable token is showing weakness at the bull channel support line, flirting with the idea of breaking out and putting in lower lows. All is not lost! We have potential support zones below the current price of $1.28.
How do we trade this?
Up until 12 hours ago, our bias should have remained long because we were in a bull channel. That all changed once we...
