IMX imaginary path
This is the path im imagining for IMX.
IMX has had a very good run up, on both the USDT and BTC pairings, so expecting a pull back here. The fact that the IMX/BTC pair is so run up, makes me believe that a pull back to the 0.618 line is very do-able.
I expect some consolidation under this resistance before finally making a break. Time span on this could potential be quite some time though.
Will try post some zoomed out charts below and also the IMX/BTC chart.
IMX has had a very good run up, on both the USDT and BTC pairings, so expecting a pull back here. The fact that the IMX/BTC pair is so run up, makes me believe that a pull back to the 0.618 line is very do-able.
I expect some consolidation under this resistance before finally making a break. Time span on this could potential be quite some time though.
Will try post some zoomed out charts below and also the IMX/BTC chart.
Note
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.