INJUSDT.P trade ideas
INJUSDT up trend channelprice will have a fall then when hitting the trend lines will have an uptrend that we can use to enter for a long position.
INJUSDT at LTF support, may aim again for weekly resistance#INJ #INJUSDT CRYPTOCAP:INJ T he price has been consolidating all day all night under the weekly resistance. The price found support at LTF support and ranging between weekly resistance WR1 and LTF support LTFS. The price is once again close to LTFS and I expect it to aim again towards WR1. Usually such consolidation under resistance is bullish so it may be successful 8n breaking that resistnace in subsequent attempts. But lets have our aim as WR1 and we can take the long further depending on the price action.
INJ/USDT possible scenarios CRYPTOCAP:INJ support held.
3 possible scenarios.
Bullish if diagonal trendline is broken and btc hold or does not dip.
In case of CRYPTOCAP:BTC correction other 2 scenarios are possible.
INJ shortthe top of the channel as a trend line to respect, but the main reason to get in the trade is because daily Stoch RSI at top, into FIB golden zone, + SR(resistance line) inside fib is being rejected) is a good spot to trade to the down side, but with BTC pumping so hard seems silly to short the market. yikes
INJUSDT LongLimit long on the B retracement on INJUSDT.
Stop loss just below wave 5, and take profit on a 1:3 ratio, slightly below wave 4.
INJUSDT may head for weekly resistance from LTF supportThe price broke through the weekly resistance only to come back. It came down and currently trading under that weekly resistance zone. However, it seems the price may attempt again to break that resistance. Therefore a long is favorable from the LTF support.
Great potentional point🔸As u see in daily chart injective doing a nicly falling wedge pattern and it so close to breakout soon
🔸Iam monitoring this coin for a 3 months and it's behaviour is so good
🔸My target is 20$ incase of breaking out the pattern .
Dont forget to support us with ur like, comment and follow for more ideas like this.
Cup & handle patternThe bowl formation has been completed, it would be logical to wait until the end of the handle formation and enter the process at the time of breaking. I recommend putting a stop in the handle area. The pattern target is the Fibonacci 2 region. Storm is coming...
INJUSDT updated support and resistance levelsHere are the updated resistance and support levels for this pair. DR1 is still there even though the price has broken that level but has not closed above yet even on 4h time frame.
Inj Looks Ready For another Bullish Impulse Seems Like Getting ready for massive bullish rally forming descending channel in h8 tf incase of breakout expecting move towards 15$
INJUSDT may aim upward for daily resistance 6.86-6.96The price came back to the 4h support zone 4HS2 and bounce from there. Along with the BTC push, this also moved higher breaking the previous 4h resistance. I think a long is favorable here towards the daily resistance. The target of this move should be daily resistance around 6.86-6.96. Idea of this trade is to long from the 4h support 4HS1 in case price comes there before hitting the daily resistance zone.
INJUSDT Buy Setup!INJUSDT (4h Chart) Technical analysis
INJUSDT (4h Chart) Currently trading at $6.32
Buy level: Above $6.2
Stop loss: Below $5.3
TP1: $7
TP2: $7.6
TP3: $8
TP4: $10
Max Leverage 3x
Always keep Stop loss
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INJ/USDT downtrend is not over yetI am following INJ since it has been around 8$. It was so interesting for me because of the active bearish sequence with targets from around 3.50-2.25.
It is currently in this heavy weekly downtrend and the last best reshort opportunity has been when the 4 hr wolfpack was in the green, hitting the golden pocket around 6.50ish.
I would still like to see lower prices very locally. The 4 hr did confirm a bullish divergence on the last push to the upside, but the 12 hr and 16 hr just confirmed down (into the red again of wolfpack) and that technically confirms a bearish convergence on these timeframes due to a given bearish divergence that became confirmed before.
I will personally follow the downtrend on this one and am mainly looking for reshort opportunites. A drop to for example 3.50ish wouldn´t be the end for INJ, it would be just very healthy and imo necessary.
If we compare it to the active bearish sequence from BTC (which could lead BTC to 23-21k) then the whole picture makes a lot of sense to me.
Trend is your friend until the end. I will keep you updated on this one and we will see if the 12 hr / 16 hr bearish convergence can play out with strength.
INJUSDT Bearish Trend & Fib 0.618 Script is following bearish trend with price action retraced to Fib 0.618. There is no divergence at 1H TF. Will it hit both the TP's?
injThis box is a resistance. It can be accessed if the upper lines are crossed. If it cannot create a specific movement, the lower areas are available in the previous analysis.
INJ SELL OPPORTUNITYHello dear traders. Here my idea to INJUSDT . we will expect short term bearish continuation.
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Good luck to you.
This idea does not provide the financial advice.
INJUSDT at 4h support, likely to head upAnalysis: LTF
So this one has finally hit the support zone from where I wanted to have a long trade. This support zone is important as it is an important pause the price made in this last move up from the daily support. Therefore, it is likely that this level will provide required support to push the price up. Lets see where it goes from here. The target for this trade is 6.2.
INJUSDT, More down side to see. INJUSDT / 4H
hello traders, welcome back to another market breakdown.
INJ has been reversing in a down trend, I'll look to feed the leg lower if I get my trigger.
Checkout the chart for my plan to get in.
Trade safely,
Trader Leo
injusdtlets take a big profit from sell BINANCE:INJUSDT there is around 17% profit on it. lets take it.
INJUSDT likely to head up towards daily resistance at 6.86-6.96This has broken the 4h resistance finally and trading above it. The next level of resistance is daily resistance DR1 as marked on the chart. It is sitting around 6.86-6.96. That is the level the price will target next. Lets look for a favorable long setup here.
INJUSDT heading towards daily supportThe price seems to be heading to daily support DS1. After bouncing from the daily support DS1, it went up till the 4h resistance zone 4HR1 and got rejected from there. After a pushback it again attempted towards this resistance zone only to meet the same fate. The price again got rejected from there and fell back down. It is currently trading between the resistance zone 4HR1 and support zone DS1. From the probability and price action perspective, it seems favorable that the price aims for the daily support. This provides a good short opportunity. The target is marked on the chart.
INJ SHORT SETUP (1H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the INJ symbol.
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
