INJ WAVE PATTERNHello, dear traders, I hope you are doing well
Before anything, read the analysis that is related to this post and then come back and read this analysis.
I think our big F wave itself has become a diametric, and now we are in the g wave of E.
The area I specified can return the price to downward.
Comment if you have any questions
Thank You
INJUSDT
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: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 2.035 - 100.0%
Take-Profit Orders:
1) 2.159 - 80.0%
2) 2.359 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
INJ Decentralized Blockchain :LONG TERM BETTER THEN SOLONA INJ can become the SOLONA OVER GAME COIN with price action, and can increase over the known Solona at long term.
Its now unknown coin, but it shows that it have on side of blockchain and also on price action a great market.
Its interesting to follow INJ to see when we can expect the first breakout 3 USD, from there the area are open to 7 USD and 15 USD as high target.
This all are personally view.
Depending on price action.
INJ moving into the side of stable trend, and can make soon some price action where we are going to see some breakout trends.
At this moment INJI show healty price action and its on range.
INJ - Descending ChannelINJ has recently entered a bearishn trading channel. price managed to bounce from the lower bound but it is showing weakness in its rebound.
If the lower bound gets broken down, there is room from further downside.
if the price manages to bounce back, it will have to fend off the upper bound of the channel before confirming the upward trend. Upper bound represents a good entry point for further short position
INJ to potentially break out upwardsINJ has been in a 40-50% range for the past few weeks...
We are seeing higher highs....and higher lows....Its just broke out of the traditional range.....Volume got pumped.....Looking for a final back test going long and hold on... or get stopped out.
In at 1.75 ish
Stop loss at 1.50 ish
Sell target.... TBD lets see the break out happen first.
INJ : THE MOMENT OF BREAKOUT WILL BE GREATNOV 2021 : 1 Month before the year of 2022 this coin was trending at 14 dollar, from there we did got a breakdown trend that did bring us to this area of the day.
Depending on difference studies, also the important breakout study INJ shows very huge interesting for a breakout : and it can go with some patient before it will happened that the coin will breakout, but the trend is there and depending on this study INJ should get them breakout as the important trends are done.
This is not a guaranty as there is no any guaranty into any markets. Trade safe and with the right confirmation and moments.
INJ seems on the 4H range very important for the breakout and it shows that 4% from this price action can broke the second confirmation where the trend can enter into new flow increase.
We as channel will follow this coin with them trends and we will see or it can get them effect coming time.
Lets see the how the second confirmation will be effected to ENJI when there is 4% change into uptrend
It can take some time : but it can much more effect that we have seen on MKR as it did proof before more times that this coin was able to have high breakout.
Targets
3 USD seems interesting target short term, The best possible target for this coin is 7 USD
If we get a hype trend it can return to old level 14 USD of NOV 2021
Injective INJ - RECORD volume! +1200% profit
INJ was recently listed on the CoinBase exchange and the interest in this coin has increased significantly!
+1200% profit or even more is not sci-fi at all. Personally, I would take profit at my first target for quick gains, but if you want to hold for the long term, then you can go for it.
Buy INJ right now, because it looks like it wants to skyrocket very soon. I don't think we will go lower than this point.
As you can clearly see, we have a parallel descending channel on the 3D chart that is currently breaking out, and there is definitely a great chance for an explosive bull market.
Also, there is a local bullish flag that is breaking out as well, so you can buy a double breakout, which is nice to see. Isn't it?
According to my Elliott Wave analysis, a major ABC correction has finished successfully, and I am expecting an impulse structure.
If we take a look at the volume indicator, there is an elevated volume, which is very important. There is a buying activity from whales.
INJ is a great altcoin with huge potential, so why are you still waiting and not buying?
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more analysis, hit "Like" and "Follow"!
$INJ narrative play...Team speaking at CosmoVerse conference in Medellin today - Expecting large moves.
Narrative building for this across multiple accounts.
Have just seen reclaim after bouncing off the upper band resistance - has yet to break weekly.
To my mind this is a good R:R play to follow narrative. If good new - should see break of upper resistance, else comes up short and have tight SL
Enjoy....
INJ to 2 dolars soon.On 1h chart we can see clearly we didnt seen the top yet, volume is high but can be higher, that red boxes are good places to scalp short (this are orders blocks wchich is in the same place as high volume points). Thiis big box wchich is around 2 dolars should be our short term target.
INJ setupThis INJ setup, is has a strong bottoming pattern.
To the left is a strong move down with a hard bounce. This level would be identified as a strong support level.
The marked continued to go down and the broke the support. it then flipped to resistance but right below INJ formed a rounding bottom and eventually broke through hard.
Now the price is coming down to that same level, and it should act as a strong support area.
INJ is forming a Adam and Eve rounding bottom, which is a strong signal on a reversal
A breakout of the triangle, - depending on when it breaks has the capability to reached the breakout level of the rounding bottom.
If this setup plays out perfectly there is a 120% profit potential over time..
Injective protocol INJ INJ is a project invested and supported by the Binance Labs fund
Injective Protocol is a cross-chain platform deployed on the basis of two protocols, Ethereum and Cosmos, so that users do not experience problems with high gas prices.
Among the key features of the project, it is worth noting decentralized trading in derivative financial instruments, the ability to trade on any market, cross-chain trading, yield generativity, a community-driven network, and high-speed DEX.
The project investors are Pantera, Hashed, and of course Binance Labs.
It is also worth paying attention to the technical analysis and consider the INJ chart :
From the peak, we fell by 95% and came to the zone from which the growth began and in which there were good volumes, and when we return to this zone, now we also see large volumes. If we analyze the behavior of coins in the previous bear market, then on average coins fell by 93-95%.
Therefore, I consider it unlikely that INJ will show a strong fall from these values, it would be logical to test the $1 level and start forming a bottom from there. So far, we are not seeing signs of strength in this coin to expect any growth in the coming month. Unless we quickly get out of this wedge and the price fixes above $1.7
INJ Price and Trend AnalysisWhen we simplify the chart with Renko, we encounter a elliott wave.
I think the harmonic pattern is completed in the monthly period.
Even if the downward movement continues from here, the price is at an all-time low.
From time to time there may be manipulation movements. Or Btc can drag it downwards. But still this will be short-lived. Such a situation can be evaluated with a little cash. Due to Btc's manipulation of altcoins so much, the stop loss does not make sense to me for commodities like this, which are already below all time in price.
Collecting goods by making piecemeal purchases by staying in cash instead of stop loss is an approach that seems more correct to me. Buying and selling does not seem right for me because the price is at the bottom.
Therefore, collecting goods from these places instead of daily trading is an approach that makes more sense for me.
When we examine the chart, we see that it remains faithful to harmonic trading. Fractal patterns kept repeating each other
However, when we look at the area where the current movements are located, we can observe that it is stuck in a channel.
Let's take another look at the chart with Bollinger bands.
We can observe this jam in different time periods.
Well, if we think about whether the downward movement continues, it is likely that there will be some more downward movement.
But I think this decline could be in the form of a back test. Because I can make a comment that it will stick to the channel line.
Assuming a fall in triangle depth based on the triangle breakdown in the last formation area, this decline seems to be consistent with the channel test we just showed.
Although we have mentioned downward graphical methods, you may have noticed another pattern that we cannot ignore.
Although the handle appears very low, it is still valid in this formation. Because of these and similar mixed signals, I initially said that piecemeal buying and selling made more sense to me.
If we continue to evaluate the indicators, let's talk about cmf first. Let's look at the supply zones on the indicator to which the price reacts.
Below -0.20 the price is surely experiencing a reversal. And our maximum bottom value is -0.40 levels. Buy-sell signals are generated in exchange for the same value in which negative number fields turn into positive numbers. In other words, if you buy -20, we can consider +20 as sell . You can observe this by measuring it yourself in different commodity charts as well. I think it is a more reliable and accurate indicator than the rsi strategy. Because if the money is not synchronized to the candle on the chart, it is most likely saylor syndrome. Those who have read my previous analyses know what saylor syndrome is.
There's no need for anything. Aroon is enough for us.
Aroon up and aroon down may have small reactions at levels in the fibonacci channel. But in general, I think it provides enough visibility into where the direction of the price is and where it will go. Even if Aroon up returns to zero again, we see that prices are already below enough. In other words, there will definitely not be a downward decline such as aroon up going down from 100. Even if prices turn down, it will be a less destructive decline of short duration. Of course, you will want to make a profit and protect yourself from loss. If this seems risky for you, you may want to consider splitting trading. If you think that this does not seem risky for you, you can think that the expectation will rise anyway, you can consider collecting goods. Everyone must make their own strategic decision.
When we look at the Adx, we see that sales are weakening. But there is still no positive reaction.
I see that Adx has focused on the 15 levels of its previous reaction areas. You may want to keep track of prices with a few different combinations of indicators. Or you may want to be in the trade. You make that decision.
In order not to skip anything, I would like to talk about one last formation. There is no such appearance yet. But I would also like to mention this formation because of the possibility that it can happen and the possibility that it can occur when we simulate the current price movements. A formation that everyone resorts to very often;
I wanted to simulate this formation as it is also compatible with previous supply zones.
Note: This is not investment advice.
INJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for INJUSDT
In this chart, we have R1 which used to be a support area. And S1 and S2 are our support areas that contain the support of the price at several points since the past. Presently, we have the fluctuation of price over S1 and we expect it will fall to this line like its past trend. Then we have two options for it to happen. Either we will receive some rising signs and confirmation candles and then we predict a rise for the price to R1 or higher. Or the price will lose the support here and face a decline toward S2. Remember to activate your stop-loss due to the unstable conditions of market.
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
INJ usdt forecast and ideaThe blue and red lines are resistances and supports (it doesn't matter whether they are vertical, horizontal, or diagonal).
It is currently moving towards the resistant zone.
In case of breaking the resistance zone (crossing the prices of 1.895 - 1.898 ), there is a high potential for growing up to prices:
1 - 2.00
2 - 2.22
3 - 2.50
Good luck
Not losing capital is an income in itself
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