INJ bounces of 61.8 fib level -- reversal to the upside expectedINJ just touched the 61.8 fib level and an imminent bounce to the upside is in order.
Accumulation and net buying has transpired at these levels -- and 4H higher low formation was created.
Expect a reversal to the upside -- with possible retest of previous peak at 10, with a high chance of breakout.
Spotted at 6.8
TAYOR.
INJUSDT
INJective protocol - it needs to breath (I guess)Injective protocol has been on an uptrend since October 2022.
and has risen over 900%.
Recently it made a local high of 9$ and the price started rejecting from it. it tried to break above it and failed...
it has made a double top pattern in 1 Hr timeframe.
I am looking at the correction in this coin.
A potential trade setup is possible.
lets see the PA, if it happens.
INJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for INJUSDT
R2 and R1 on the top of this chart are our resistance areas that represent the disability of the price to rise. S1 used to be a resistance line. And we have S2 that is a long-term support area with its support of price at different points even since the past. As it is obvious, the price had a rejection at R1 and by falling below S2, it had a fluctuation there for a while and then at its last triumph, it was able to break S2 upward and reached R1. At the moment, we see the price had a noticeable rise and now it is fluctuating below R1 area. It is predicted to resume its decline down to S1 or even by rising a bit to our stop-loss point, a rejection would happen then. So by activation of our short position, a fall is expected for the price to lower amounts. Also, when S1 is lost, more fall is there for the price toward S2 area. You should check every detail and information before putting your trade orders and then wait for a proper time to have your next action. In case you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a great time
INJ Becareful here ! Inj at 10, is no trade zone. It may go down to make a cup n handle pattern or breakouts directly. So, Wait for breakout and retest, then target will be 12-14 Range and final Tp will be 22.
But currently recommended to hold it if you bought with us at price 2 (Feb signal). Otherwise don’t buy at this price 10. Wait…
✴️ Injective | Spoiler Alert, This Chart Reveals Everything!This is a very interesting chart, confirms everything I've been sharing about the Altcoins market and reveals what is coming next for those Altcoins that are yet to break up.
Read below and notice the exact everything I already repeated a million times through hundreds of charts... Literally 1,000 charts/trade ideas published since late November 2022.
1) INJUSDT hit bottom June 2022.
2) December 2022 we have a higher low (variation can be double bottom or lower low, doesn't make any difference).
3) In January 2023 the bullish breakout starts.
4) Peak mid-February leads to correction. Correction ends mid-March.
5) The resumption of the initial bullish move leading to a higher high.
Now, step #5 is what we are waiting for on literally hundreds and hundreds of pairs.
This is the exact same chart all across Cryptocurrency including Bitcoin.
This is the same chart as FETUSDT and STXUSDT that went ahead, there are many others but these are just two examples.
The Altcoins that you are holding... The charts I've been sharing, big and small, will go through the same... What one does, the rest follows!
Namaste.
INJ/USDT Bullish Inverse Head & Shoulder Pattern #INJ/USDT Technical Analysis:
As of now, the INJ/USDT pair is currently trading at $5.47, which is 15% up from our previous analysis. After examining the high-time frame chart, we can see an inverse head and shoulder pattern is forming.
Recently, the pair broke out of the neck line resistance, which confirms the bullish trend. The resistance now becomes support for the price action.
As per the inverse H&S pattern, the target is expected to be $9.08, offering potential gains to traders. To minimize the risk, a stop loss at $4.54 is suggested for this trade. It is also advisable to close the trade if the high-time frame candle closes below the neck line support.
It is important to note that this is educational content, and not financial advice. Conducting your own research and analysis is highly recommended before making any investment decisions.
Join our community for more trading insights and updates, and to stay up-to-date with the latest cryptocurrency market news.
$INJ/USDT 1D (#Bybit) Rising wedge on resistanceInjective Protocol is entering overbought territory and could retrace down to 100EMA support, after a last push up into supply zone.
⚡️⚡️ #INJ/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 4.9%
Current Price:
7.0720
Entry Zone:
7.1290 - 8.0450
Take-Profit Targets:
1) 5.8905
2) 4.6130
3) 3.3355
Stop Targets:
1) 9.0065
Published By: @Zblaba
CRYPTOCAP:INJ #INJUSDT #Injective #DeFi #Web3 injective.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +49.2% | +86.2% | +123.3%
Possible Loss= -41.2%
Estimated Gaintime= 1-2 months
INJUSDT - Long Setup!INJUSDT (4h Chart) Technical analysis
INJUSDT (4h Chart) Currently trading at $4.35
Buy level: Above $4.25
Stop loss: Below $3.6
TP1: $4.8
TP2: $5.3
TP3: $6.2
TP4: $7.5
Max Leverage 2x
Always keep Stop loss
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Does INJprice still have the strength to rise or fall right now?In our opinion, the price of INJUSDT is at the stage of final acceleration in parabolic growth.
The completion of the 5th wave may be already around 7$, it may be around $7.50, or around $8.40. This should be closely monitored by those who hold a long position on INJUSD, as the correction may begin abruptly from the above levels.
Where can the correction take place, or where are we ready to buy INJ ?
In the area of 4$ in the event of a weak correction in the crypto market and 3$ and below in the event of a strong drop.
In principle, all levels are equal on the chart) Use it for health and with profits)
_____________________
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INJ/USDT RELOADED CHART
Note - I'M publishing this chart again coz previous published chart of the same idea was hidden by moderators coz of house rule violation.
SPOT BUY CALL (BUY & HODL) buy INJECTIVE protocol (inj) in 3 parts : 1st buy - @ 2.75 , 2nd buy 20% below the first buying price ,
3rd buy 20% below from 2nd buy price
stop-loss should be placed below ma 200 which is @ $1.692. take profit zone 1ST- $3.8 -$4 take profit 2nd zone - $4 - $6.
always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
If you like the idea and benefited from it please like , share & comment to keep us motivated.