Crypto Contest September 21: Immutable

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Immutable (Binance: IMXUSDT) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, IMX began a red wave one advance in November 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in March 2023 and the red wave two (blue sub-waves a-b-c) correction ended on September 11. If this wave count is correct, IMX should be heading next towards the March 2023 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Immutable is the "leading" platform for building web3 games on Ethereum. Gerhard reviewed the latest pump today.

(Sources: https://www.immutable.com/)

How Will Immutable Trade?

Immutable (Binance: IMXUSDT) daily chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

IMX will takeout the July 28 peak

IMX will drop below the September 11 low

IMX will stay in a trading range between the September 11 low and the July 28 peak until October 27

Posted Using LeoFinance Alpha



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54 comments
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IMX will takeout the July 28 peak

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IMX will drop below the September 11 low

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IMX will takeout the July 28 peak

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IMX will stay in a trading range between the September 11 low and the July 28 peak until October 27
!BEER

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IMX will takeout the July 28 peak

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IMX will stay in a trading range between the September 11 low and the July 28 peak until October 27

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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IMX will drop below the September 11 low

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IMX will stay in a trading range between the September 11 low and the July 28 peak until October 27

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0.000
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IMX will stay in a trading range between the September 11 low and the July 28 peak until October 27

0
0
0.000
avatar

IMX will drop below the September 11 low

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0.000
avatar

IMX will stay in a trading range between the September 11 low and the July 28 peak until October 27

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0.000