Injective Protocol (INJ) formed Gartley massive long term rally
Hi dear patrons, hope you are well and welcome to the new trade setup of Injective Protocol (INJ)
Previously we had a nice trade of INJ:
Now a monthly time frame, INJ has formed a bullish Gartley pattern:
The potential reversal zone is from $5.55 to $0.18 and right now, which means that (as per the current price) it still has the potential to drop 82% more, therefore, we need to wait for the below-strong resistance line to breakout and it will be a quite confirmed buying.
Sell between: $13.10 to $21.08
Possible profit ratio:
As per above targets there is a huge profit possibility of 11600%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Previously we had a nice trade of INJ:
Now a monthly time frame, INJ has formed a bullish Gartley pattern:
The potential reversal zone is from $5.55 to $0.18 and right now, which means that (as per the current price) it still has the potential to drop 82% more, therefore, we need to wait for the below-strong resistance line to breakout and it will be a quite confirmed buying.
Sell between: $13.10 to $21.08
Possible profit ratio:
As per above targets there is a huge profit possibility of 11600%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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.