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.
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