INJ still some (but little) upside BINANCE:INJUSDT has seen an explosive move upwards. Accelerated downtrend line (orange line) was broken and leaves still around 15% of upside until the next big resistance is reached.
Normally, we would expect price to retrace after reaching 3,05-3,75 USDT area as the main down trend is still active.
Longs make sense only once the down trend line is broken and retested.
INJUSDT
INJ/USDT. #inj/usdt flipped above the neckline of double bottom formation on 1D chart👀
Want to see a fixation now for the bullish case✈️
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
INJ USDT | Perfect opportunity!#INJ/USDT
🟢Entry price: 1.71 - 1.62
🎯Targets:
|> 1.92 (Sell 50%)
|> 2.14 (Sell 30%)
|> 2.55 (Sell 20%)
and a bullish target at 5
🔴Stop-loss: 1.557 (1D candle Close under it)
-> for risk takers, I think 1.487 is a better stop-loss
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 1.5%
please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money.
stay safe and trade safe
thank you!
INJ - Potential Breakout A 5 Million Tokens Burn is fundamentally good news ( tokenomics are important in crypto)
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Injective is an open, interoperable layer-one blockchain optimized for DeFi applications. It uniquely provides plug-and-play modules, including an order book and derivatives trading module, that make it easy for any developer to quickly launch finance applications with inherent value. Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols. Built with Cosmos-SDK, Injective utilizes a Tendermint-based Proof-of-Stake (PoS) consensus mechanism to achieve instant transaction finality while sustaining lightning-fast speeds.
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mY CHART SHOWS THE PRICE INA WEDGE, RUNNING OUT OF SPACE. tHAT MEANS VOLATILITY COULD BE INBOUND AND MOST LIKELY HIGHER.
Support at 1.534 and a first target at 1.85
Let's see how this goes.
One Love,
the FXPROFESSOR
INJ Short term trade ideas INJ in the shot term is looking to fill the orange imbalance/footprint areas.
Using tight stops in case these areas fall through suddenly. like in footprint one where price has already reacted twice off of that level so should that support fail, footprint 2 should offer support and a short term bounce back up into footprint 1 area.
INJ/USDT Elliott Wave count 15min TFNice impulse to the upside after a flat correction for INJ.
Expecting a 3rd wave here at lower degree.
I will play long for this impulse with SL 2.55 and TP 3.24-3.32 range.
Also we may have an extended 3rd wave here but I will update the count when I will see more price action!
Good luck!
INJ/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ INJ/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Regular (Long)
Leverage: Cross (3.0X)
Entry Orders:
1) 2.7955 - 33.403% ✅
2) 2.777 - 16.0%
3) 2.7646 - 16.609%
4) 2.7494 - 16.695%
5) 2.7342 - 16.603%
6) 2.719 - 16.686%
Take-Profit Orders:
1) 3.035 - 20.441%
2) 3.185 - 19.889%
3) 3.267 - 19.889%
4) 3.634 - 19.889%
5) 3.864 - 19.889%
Trailing Configuration:
Entry: Percentage (0.833%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
INJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for INJUSDT
In the current hart, we have R1 on the top as our resistance area which expresses the unsuccessful triumphs of the price to rise. And S1 used to be another resistance area. At the moment, we have the price fluctuating below R1 and we believe it will have a rise toward the mentioned area and there we must wait for some falling sings in order to activate the short position of the chart and expect a decline for it down to S1. In case the price moves above R1 and fixes there, more rise will happen. It is highly recommended to consider confirmation candles before putting your trade orders.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck