Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$INJ Long term trade
Injective / Tether
Long
$INJ Long term trade
By kakashicrypto
Follow
Follow
May 18, 2024
1
May 18, 2024
My 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.
Chart Patterns
Trend Analysis
kakashicrypto
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.