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Bullish
Crypto JK
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Bullish
#IMXUSDT 2H idea.
Market has been trading in a descending channel and has made a fake out 3 days ago.
My eyes are on $IMX as currently it is teasing to breakout the channel upward. A fake out is still likely to happen, but once it breaks and retests successfully, I see that it might test breaking its EMA200 and try mitigating the upper OB.
One more notable factor here is that market is trading above the POC and its yellow median, which means a change to peach color is still imminent.
MACD has successfully crossed the median and touched the histogram, still waiting for the signal line to also mirror its movement and both lines go above the volume area.
HARSI touched the overbought area, but still has potential to push towards the extremely overbought zone for a potential pump.
#crypto2023 #crypto #cryptocurrency #Binance #BTC
Market has been trading in a descending channel and has made a fake out 3 days ago.
My eyes are on $IMX as currently it is teasing to breakout the channel upward. A fake out is still likely to happen, but once it breaks and retests successfully, I see that it might test breaking its EMA200 and try mitigating the upper OB.
One more notable factor here is that market is trading above the POC and its yellow median, which means a change to peach color is still imminent.
MACD has successfully crossed the median and touched the histogram, still waiting for the signal line to also mirror its movement and both lines go above the volume area.
HARSI touched the overbought area, but still has potential to push towards the extremely overbought zone for a potential pump.
#crypto2023 #crypto #cryptocurrency #Binance #BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
IMX
0.586
-16.16%
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