$IMX
#IMX Chart Analysis
#immutable , like other altcoins, is currently positioned in one of two possible scenarios.
The first scenario suggests the formation of an impulse wave, followed by a correction, and then a subsequent #upward movement. While most would hope for an upward scenario, given Bitcoin's current state, it's not guaranteed.
The second scenario involves a deeper correction, completing a complex #adjustment . This scenario would be invalidated if the price rises significantly above TP#1. Until then, this possibility remains valid.
Please follow for continued chart analysis.