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,...
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...