Keeping an eye on #INJ/USDT $22 level in 4-Hour TF!Keeping an eye on #INJ/USDT $22 level in 4-Hour TF!
There is a 4-Hour FVG gap, and the SSL liquidations hunt is already done. CRYPTOCAP:INJ will pumped from there. Placing limit order there.
INJUSDT.P trade ideas
Waiting for INJ to give long entry.These are the scenarios for INJ to playout.
●I will be looking for long Setup once INJ took 24.508$ and 23.711 SSL.
●Or reclaim (23 May daily FVG) so I can look for long Setup.
These are the 2 scenarios I'm waiting for.
In either scenario I will long INJ.
Follow and like for more analysis
INJ - strong looking coinINJ looks strong as hell but I am going to take 25% out here as we still can't flip this 24 Q1VAH level on BTC and there is nothing wrong with taking profits 😉
If BTC flips this level we should pump hard but as far as as we didn't there is a chance for a sell off.
#INJ/USDT#INJ
The price is moving in a bearish channel pattern on a 24-hour frame, and it adheres to it well and is expected to break it upward
The price rebounded well from the lower border of the channel at the green support level of 22.00
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 23.70
The first target is 25.80
The second goal is 27.00
Third goal 29.30
INJ Trade Analysis: Bullish Outlook 📈Current Market Context:
INJ is breaking out of a downtrend and demonstrating bullish momentum. The recent transition to a deflationary model adds a strong fundamental case for long-term holding.
Trade Strategy:
Entry: Initiate a trade at the current market range of $25 - $26. This entry point leverages the ongoing bullish breakout.
Take Profit: Set multiple take profit targets to lock in gains at different stages:
First Target: $29
Second Target: $35
Third Target: $45
Stop Loss: Place the stop loss at $23.17 to manage risk and protect against potential downturns.
Rationale:
Fundamentals: The deflationary model and strong metrics support a positive long-term outlook.
Technical Analysis: The break of the downtrend indicates a potential shift to a bullish phase, supported by lower time frame (LTF) analysis.
$INJ Long term tradeMy next trade idea for $INJ. Bounce at the 200MA (demand zone), strong community, still currently in accumulation. If lower low made, idea is invalid.
Clearly descending wedge seen on the daily chart, this is typically a predictable structure that will play out to the upside.
Given the fact bitcoin has left its slump, I have conviction this will play out successfully.
INJ +100% in spot.So, #INJ has dropped by more than 50% from its recent local high of around $53. On the chart, there is a clear trend line that the price is responding well to. Additionally, we have Fibonacci support at the 0.236 level.
I am considering entering a position from the current values both in spot and futures. For myself, I have chosen to use credit leverage with a multiplier of x2, as in previous ideas.
Target - $50
Stop Loss - $17.5
This is not financial advice; everything you do, you do at your own risk!
INJ Injective takes a breather?
It has run nicely since the lows with incredible strength. But surely a correction will be necessary at some point.
Here we have some fib confluences in the area as well as bearish divergences. Similarity to the previous occurance might lead to 40-50% correction before resuming uptrend.
Surely not adivice to short here. Rather buy if hits zone in given time period
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No financial advice, do your own research, don't be stupid
InjectiveExponential charts can be a bit hard to trade
80% to the local highs here, you'd have to understand the pivot from dexperp to l1 here to understand why its marked up so heavily... id say were into aths by the end of the year though... 80$ target from the local highs so 4xish if we get the predicted post halving bullwave
INJUSDTA falling wedge is a technical chart pattern formed by drawing two converging trendlines that slope downward. It is characterized by decreasing price highs and decreasing price lows, with the upper trendline having a steeper slope than the lower trendline. This pattern typically signals a bullish reversal after a downtrend, as it suggests that selling pressure is weakening and the market may be preparing for an upward move. Traders often look for a breakout above the upper trendline as a signal to enter long positions, with stop-loss orders placed below the lower trendline. As with any technical pattern, it's important to consider other indicators and factors before making trading decisions.
INJ UPDATEFirst of all, You can see our previous analysis of inj in the "Related Ideas" section
A good demand area is now ahead of the price. We are looking for buy/long positions in this area.
We have marked this area with green color.
The targets are clear on the chart.
Closing a daily candle below 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
[INJUSDT] - this is why must get bullish!in 3D chart INJ still comsolidate a a massive ascending channel
price now retesting the lower side of the pattern which gathering with a 0.618 fib level which making it the most important support! ... that making price must rebounding from here!
- u can see the H&S pattern and clearly u can see that the pattern completed and declined to reach exact it's target
most time when pattern completed and reach it's target it reverse it's direction
so we expect volatility between 0.618 and 0.786 fib level in next days then get bullish.
appreciating for supporting us with ur "like " and follow for more ideas, updates🎯
📊INJUSDT currently consolidating between $29.57 resistance and 🔄 INJUSDT currently consolidating between $29.57 resistance and $22.77 support. 📈 Keep an eye out for potential breakout, aiming for $36.46 resistance, or breakdown towards $17.99 support. Stay alert! #CryptoAnalysis 📊
INJUSDT 12H#INJ has broken the falling wedge pattern on the 12H timeframe. Now it is facing with MA50. In case of a successful breakout, the targets are:
$31.44
$35.56
$39.68
$45.54
$53.00
INJ Bullish set-up 8RINJ is looking good for a swing long. Bounced of a strong support level, and btc is aat the 100ma which wil most likely hold.
TP1 27
TP2 30
SL: Daily close under support under +/- 22
R:R 8
INJ Bullish set-up 8RINJ is looking good for a swing long. Bounced of a strong support level, and btc is aat the 100ma which wil most likely hold.
TP1 27
TP2 30
SL: Daily close under support under +/- 22
R:R 8
INJ, when next pump? Be carefulThe price of INJ is at the top of the parallel channel on the weekly chart. This is probably not the best time to buy INJ, I would wait a for a small pullback. Rather buy INJ in March / April and buy some other coins because INJ is going to go sideways. From the Elliott Wave perspective, we are waiting for the final wave (5). We are in wave (4). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Injectvie Labs is the research and development company that first began contributing to Injective Protocol.
Eric Chen is the co-founder of Injective Labs. Prior to founding Injective, he worked as a cryptographic researcher and trader at a major crypto fund where he led innovative market neutral trading efforts in the blockchain space as well as investments into prominent companies such as 0x, ChainLink, and Cosmos. Chen has extensive knowledge about blockchain protocols and traditional finance along with a native understanding of both eastern and western blockchain-based protocols and communities.
Albert Chon is the CTO of Injective Labs. He graduated with a Bachelor’s and Master’s degree in computer science from Stanford University and was a software development engineer at Amazon. He is well known for pioneering a new Ethereum standard that is used by a number of major projects today and co-founded Injective Labs with Eric Chen. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
INJ Ready To Go !Price is currently trading below a downtrend line.
Every time price has touched this trendline, it has experienced a sell-off.
Price is now approaching the trendline again, and after 3 previous touches and sell-offs, it appears that the trendline may be has weakened
Therefore, a breakout of the downtrend line and the 25.2 level can be expected.
If this occurs, we can target higher levels such as:
29 dollars for the first target
35.9 dollars for the second target
Please note that the 4-hour candle close is our confirmation criterion.
This analysis is not financial advice.
INJUSDT On the way to pump #INJUSDT 30m | Mid-Term
📉 Long Entry Zone: 24.62 -0.2421
Signal details:
Target 1: 25.29
Target 2: 25.76
Target 3: 26.26
Target 4: 27.79
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📌Trend-Line: 23.62
❌Stop-Loss: 23.16
✅After reaching the first target you can put the rest of the position to breakeven
📈🔍 INJ Trading Plan 🔍📉Market Observation:
Considering a long trade on INJ, with a safer option to wait for BTC to surpass the $60,000 level before entering.
Trade Setup:
Entry: $22.50 - $26.00. Alternatively, wait for BTC to break $60,000 before entry.
Take Profit: $30.00 - $32.50 or $39.00 - $41.50.
Stop Loss: Just below $22.00.
Risk Management:
Utilize a stop loss just below $22.00 to manage potential losses.
📈💡 Trade Strategy Rationale:
Anticipate a bullish move in INJ, targeting profit levels aligned with resistance areas.
🔄📊 Stay attuned to BTC's movements for trade entry adjustments! #INJTrading #CryptoAnalysis 🚀🌐
Should we Buy INJ now?Every coin is down nearly 60 or 70% from its ATH made in March month.
●INJ is in the best buying area whu? because it's inside the Weekly FVG , When market trade down into the HTF FVG and we are in a bull market we buy whenever we are in FVG.
●Month of May is for buying and almost every best altcoin is down 60%.
●End of dump
Inj/USD AMD In the makingNiglets take note as this will change your wives. Please make sure to long your wives personal bank accounts to make yourself rich
