#IMX
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.1370
We have an uptrend on the RSI indicator which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 1.37
First target 1.46
Second target 1.52
Third target 1.59
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.1370
We have an uptrend on the RSI indicator which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 1.37
First target 1.46
Second target 1.52
Third target 1.59
Trade active
ActiveTrade active
First target 1.46 ReachedTrade closed: target reached
First target 1.46 ReachedSecond target 1.52 Reached
Third target 1.59 Reached
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.