Immutable X (IMX) $14 !!!!IMX : Immutable X is a layer 2 protocol for trading Ethereum NFTs that gives users instant trade confirmation, huge scalability (9,000 transactions per second), and zero gas fees without compromising user ownership. Immutable X’s goal is to make minting and trading NFTs easier than trading traditional digital assets. (Link: www.one37pm.com )
It will follow the channel to the upward which could be match based on Fibonacci levels. Time is not predictable, therefore whenever the price reaches to the top you can close your position. Our expectation is around $14.
IMXUSDT.P trade ideas
IMX: Three retests of the descending wedge - bullish signalJust a very simple chart of a very optimistic target. Was concerned that the third retest would fail, but it held up very well! Distance from the first leg is added to the end of the wedge to form a take profit. Obviously, this is a bit of a long term direction. Can buy and sell in between on the way up.