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Inj

INJ/USDT Keep an eye! Could INJ Break out the Bullish Pennant ??💎INJ has recently exhibited notable market dynamics. After making a strong bounce from the support trendline of the Bullish pennant pattern, INJ is now approaching the resistance area. 💎 A successful breakout above this resistance could potentially lead to a breakthrough of the pattern itself, paving the way for INJ to revisit its all-time high resistance levels. 💎 However, if INJ fails to breach the resistance and experiences rejection, the price may retreat back towards the support trendline within the channel. 💎 Failure to sustain and rebound from the support trendline could signal further downside potential, with the price potentially targeting the support area. 💎 The support area represents the final line of defense for the Bullish trend of INJ. A bounce from this level is crucial, as a breakdown could lead to a significant downward movement towards the Bullish Order Block (OB) area, which presents an attractive long-term buying opportunity.
by MyCryptoParadise_Nathan
1
🎮📉 INJ Analysis 🚀💡📊 Chart Observation: INJ has retraced to test the bottom of the two-month range area of support. 📉 Trade Strategy: Laddering In: Planning a long spot trade between $28.50 - $31.00. Profit Target: Aiming to take profit at the top of the range resistance area of $42.00 - $45.44. Stop Loss: Set just below $28.00. 🚀 Market Sentiment: Belief in the gaming narrative primed for an upside rally, with INJ as a potential performer. 🚨 Note: Market conditions may influence outcomes. Game on! 🎮📈 #INJ #CryptoTrading #GamingCoins 🚀💡
Long
by Richtv_official
Trade signal | Injective Protocol (INJ) setup for upto 23% pumpHi dear members, hope you are well and welcome to the new trade setup of Injective Protocol (INJ) with US Dollar pair. Previously after the completion of bullish Gartley INJ produce, almost 570% massive rally as below: Now on a daily time frame, INJ has formed a bullish Gartley move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
INJUSDT - Opportunity during triangle formation and breakout#INJUSDT (4H CHART) Technical Analysis Update INJ is currently trading at 34.42 and showing a triangle formation pattern. Currently it's bouncing back from the support level, we can expect the price to reach the next resistance of the triangle at around 37.5, you can exit the trade if you are looking for scalp trade. We can expect some correct after hitting the 37.5 level and then bounce back to break the triangle. Second resistance is at 39$ range and 3rd resistance is at 44$ Long Entry level: $ 33 - 34 Stop loss: below $ 31 Target 1: $ 37.5 Target 2: $ 39 Target 3: $ 44 Max Leverage: 5x ALWAYS KEEP STOP LOSS. Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Long
by GreenCryptoTrades
INJ will have a drop aheadinj has momentum weakness and has recently accumulated two cash pools and has a high chance of dropping. A liquidity pool can be seen at the bottom of the chart, and below this liquidity pool is the LSH (long shadow) range, which is a good indicator. I specified the targets on the chart. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
INJUSDT Injective Key levels, Probability and outlook for EntryINJ/USDT Technical Analysis Report Date: January 11, 2024 Overview: Injective Protocol (INJ) has shown a significant bullish movement against USDT as observed on the weekly timeframe on Binance. The recent price action has brought INJ to a pivotal point that may indicate future price directions. Z-Score Probability Analysis: The Z-Score Probability Indicator suggests that INJ has entered a highly bullish zone, with the score reaching a peak of 34.829136, which is a rare event and indicates a strong deviation from the mean price. This could be interpreted as an overbought condition, and traders should be cautious of a potential pullback. The green area expansion on the chart also supports the bullish sentiment, but traders might want to wait for the indicator to cool down before entering new positions. Channel and Support/Resistance Analysis: INJ's price has skyrocketed through the parallel channel, breaking past the upper boundaries, which can be a sign of strong buying pressure. The price is currently hovering around 40.651 USDT with a clear spike in volume, suggesting significant interest at these levels. The dashed lines represent key support levels, with 14.990 USDT being a crucial one to watch, as it previously acted as resistance and could now serve as strong support. Volume Analysis: A spike in trading volume accompanies the recent price surge, which validates the strength of the current trend. High volume is a good indicator of sustainable moves, so the current uptrend might have the momentum to continue, provided the volume remains high. Potential Strategy: Considering the overbought conditions suggested by the Z-Score Probability Indicator, traders might anticipate a retracement. A strategy could involve waiting for the price to test the broken resistance-turned-support levels before considering entry points for long positions. Aggressive traders might look for short-term retracement trades, while conservative traders might wait for confirmation of support holding. Risk Consideration: Given the extreme reading on the Z-Score Probability Indicator, there is a risk of a sharp correction. Traders should use stop-loss orders and consider the high volatility in their risk management strategies. Conclusion: INJ has shown strong bullish momentum, but the extreme Z-Score reading suggests caution. Traders should look for potential entries on retracements to key support levels, keeping an eye on volume and price action for confirmation. As always, maintain a solid risk management strategy to protect against unexpected market moves. This report is for informational purposes only and is not investment advice. Always do your own research and consider your risk tolerance before trading.
by meloneusk
$INJ - COSMOS Ecosystem Analysis Series I will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins. Here is the second project in my long term buy list: INJ - Injective. I will be adding more INJ on the dips to my buy zones shown on the chart, Injective Protocol, as part of the Cosmos ecosystem, is a groundbreaking project that brings several inspiring and innovative aspects to the world of decentralized finance (DeFi) and blockchain technology. Here are some key facts about the Injective project that highlight its uniqueness and potential: Fully Decentralized Exchange Protocol : Injective Protocol is pioneering as a fully decentralized exchange (DEX), allowing for completely permissionless and decentralized trading across a variety of financial products. Interoperability: Built on the Cosmos network, Injective Protocol leverages the interoperability features of Cosmos, enabling it to interact seamlessly with multiple blockchain networks. This broadens its reach and utility across different blockchain ecosystems. Zero Gas Fees : One of the most compelling features of Injective Protocol is its zero gas fee structure. This makes trading on the platform more accessible and cost-effective, removing one of the significant barriers in the DeFi space. High-Speed and Scalable: Leveraging the speed and scalability of the Cosmos ecosystem, Injective Protocol offers a high-performance trading experience with fast transaction times, enhancing user experience significantly. Support for a Wide Range of Financial Products: Unlike many other DEXs, Injective Protocol supports a wide variety of financial products, including futures, perpetual swaps, and spot trading, giving users a diverse range of trading options. Community Governance: True to the ethos of decentralization, Injective Protocol employs a community-driven governance model. Token holders can propose and vote on changes to the protocol, fostering a democratic and user-centric development approach. Robust Security Measures: Security is paramount in DeFi, and Injective Protocol has implemented robust security measures to protect users and their assets, ensuring a safe trading environment. Global and Inclusive: The platform's decentralized nature makes it globally accessible, breaking down geographical barriers and offering equal opportunities to people worldwide to participate in the DeFi ecosystem. Continuous Development and Collaboration: Injective Protocol is known for its commitment to continuous improvement and collaboration with other projects and platforms within the Cosmos ecosystem and beyond, fostering a spirit of innovation and growth in the blockchain space. These aspects make Injective Protocol not just a platform but a beacon in the DeFi space, demonstrating the power of decentralization, interoperability, and user-centric design in creating a more inclusive and efficient financial system.
by CryptoBreakers
Injective Protocol (INJ) setup for upto 17.50%Hi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ) with US Dollar pair. Previously after the completion of bullish Gartley INJ produce, almost 570% massive rally as below: Now on a 4-hr time frame, INJ has formed another bullish Gartley for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
INJUSD Two sell signals for low risk profits.Injective (INJUSD) is rising aggressively within a 1-year Channel Up, currently on its 2nd Bullish Leg of the pattern, supported by both a Higher Lows (dashed) trend-line and the 1D MA50 (blue trend-line). We expect it to peak on the Channel's top (Higher Highs trend-line) where we will short it, targeting 30.000. If however it breaks below the Higher Lows trend-line earlier, we will sell the break-out and target a potential contact with the 1D MA200 (orange trend-line) at 16.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:INJUSD
by TradingShot
1