Imx has retracted all the way back to the bottom of the channel which is perfect timing as just after the halving everything is primed to pump for a potential mid year cycle. May-July is about to get interesting, I don’t see how IMX doesn’t touch 5$
Immutable is one of my favourite coins for this bull run. Looks like it's ready to be bought again.
Immutable should be able to make it to roughly a $36bil mkt cap, so it could increase approximately 8x. Right now, it seems like a reasonable entry point.
$7 W pattern linear target already met but still there's a double left in it. (hope some of my followers got into this early and held)
#GAMING layer 2 technology for #ethereum already doing volume for Gods unchained and the like. zero gas technology I think this will be a winner "Every time you list an asset with ImmutableX it is instantly distributed to multiple marketplaces True scale for games ImmutableX supports up to 9,000 transactions per second, with zero gas fees when you mint,...
IMX has been in a descending wedge pullback after a three-legged bull run. This appears to be a textbook long setup, but is it? How do we trade this? 🤔 The long setup in front of us is reasonable, but there are a few data points in our way. What's in favor of a long position is the descending wedge pattern after a three-legged bull run. The pullback has three...
Welcome to the 2024-25 Bull Run where whatever idea you make will inevitably hit their targets, I used targets from IMX history to map out the next targets eventually leading it to $5
IMX has been in a slight dump where others coins are getting a push but this is one of those coins that will go insane this year and soon this will wake up and pump to 3$ easily.
Immutable X (IMXUSD) has been rising non-stop since the January 23 Low and is now on a new 2 year High! However, the 1D RSI's Bearish Divergence, the entry on the Diagonal Resistance Zone since the June 2022 High, as well as the similarities with the previous Higher Highs formations, call for a short-term pull-back. As long as that is contained above the 1D MA100...
Call it a 2024 Prediction (Based on a technical foundation ofc :)) Simple trading range zone break out and prediction of using that range to make a new trading range going forward. You can also spot a W formation which also would point towards a similar level Hope you have profitable `24
IMX has just hit a key zone around $ 2.65 Confluence of local golden plus a high tf fib. Previous two sister Goldens caused retreats. It is PROBABLE that we see a pullback. It is POSSIBLE that this is a Top for now. It is PLAUSIBLE that strong bull breaks it. $ 2.50 below would be first good support. $ 2.28 below that will be key trend support. $ 2.87 above...
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,...
Not financial advice. I will also reference the last time I saw this on BTC when everyone said it was going to 100k it was painting an FU to me. So I will share that chart when I called the top on BTC in 2021. A chart that is too bullish I've learned over time will start to cuss you and give you and FU for being to bullish. IMX is showing that to me as well as...
Just a late-night brain dump. I've been trading IMX and WOO for the past 6 months almost everyday and noticed they respect my strategy in similar fashion - so i wanted to look for a correlation between their price action. To my limited FA knowledge, they don't have anything in common at all, but that doesn't matter at all. With fractals, I don't care too much...
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...
The one indicator that never seems to fail is the double top wick. This typically means that there will be a buying opportunity soon. I have been wanting a position in this one for a while but it has just gone up so much recently. I will be patient and see if this indicator gives me a chance at a discount. Do not take this idea as me being a bear. I am full...
Notable Trends 1. Immutable forges key partnerships with Amazon AWS and Ubisoft. 2. IMX jumped by 145%, influenced by strategic alliances. 3. Bullish momentum initiated, though short-term corrections are likely to occur. Fundamentals In a groundbreaking development for the web3 gaming sector, Immutable has recently solidified two pivotal partnerships, one with...