INJ/USDT - A Quick Trade#INJ/USDT #Analysis
Description
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+ Price is at the current support level and i could see price retracing back to it's bullish trend
+ I'm expecting price to hit the its resistance level
+ I see a good long trade opportunity, i'm entering with 1% Risk
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VectorAlgo Trade Details
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Entry Price: 38.0
Stop Loss: 33.9
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Target 1: 41.8
Target 2: 46.0
Target 3: 52.1
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Timeframe: 4H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Cryptosignal
ALGOUSDT: Falling Wedge - Getting Ready for breakoutFalling wedge is bullish pattern (reversal pattern) formed by two converging bearish lines.
As you can see in the chart, BINANCE:ALGOUSDT has formed a clear falling wedge patter.
If the breakout is confirmed, we can enter the trade around 0.173
After the breakout we can expect a minor correct, however breakout entry should be good and position can be average to get better entry price if the correction happens.
EntryPrice: 0.1734 (after breakout) - 0.165 (for averaging the entry)
Stoploss: 0.1490
TP1: 0.1894
TP2: 0.2040
TP3: 0.2253
TP4: 0.2531
Don't forget to keep stoploss.
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GreenCrypto
MATIC is at good time to buy and holdMATIC is at good time to buy and hold
🔵Entry Zone 1.0530
🔴SL 0.5854
🟢TP1 5.34
🟢TP2 5.80
Risk Warning
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XRP has formed a Bullish setupXRP has formed a Bullish setup
🔵Entry Zone 0.6239 - 0.6514
🔴SL 0.5854
🟢TP1 0.7192
🟢TP2 0.8736
🟢TP3 1.1900
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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PERP has formed a Bullish pattern after the breakoutPERP has formed a Bullish pattern after the breakout
🔵Entry Zone 1.54056 - 1.58932
🔴SL 1.4136
🟢TP1 1.7128
🟢TP2 1.9900
🟢TP3 2.4700
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
AVAX/USDT Potential continuation the upward movement for AVAX!💎 AVAX has recently shown significant market dynamics, rebounding from the support area, suggesting a potential continuation of its upward movement towards the resistance level around $65.5.
💎 This resistance area corresponds to a previous higher peak, and a breakout above it could pave the way for further gains, the probability of reaching our target supply zone area.
💎 However, if AVAX faces rejection at the resistance area, there's a possibility of a retracement to test the support region between $50 and $47.
💎 When AVAX approaches the support area, it's essential for it to bounce, given the area's significance. Failure to hold this support level could lead to further downward movement, potentially testing lower support areas. If AVAX breaks below this support, along with the trendline support, it would confirm a bearish trend, signaling further downward movement.
TIA/USDT It required break to switch back to be Bullish for TIA!💎 TIA has recently exhibited significant market dynamics. Currently, TIA is encountering resistance, necessitating a break and reclamation of price above this level to probability trigger a bullish reversal and continue the upward movement towards our target area.
💎 However, if TIA fails to overcome the resistance and experiences rejection, there's a likelihood of a retracement to test the support area within the range of $11.5 to $10.5.
💎 When TIA reaches the support area, it's crucial for it to bounce as this zone holds considerable significance. Failure to sustain this support level could result in further downward movement for the price.
LIT/USDT Bouncing from the support, get ready for continue UP!💎 LIT has recently displayed notable market dynamics. Currently, LIT is rebounding from the support area, exhibiting a strong green candle, suggesting potential upward movement.
💎 To sustain this momentum, LIT needs to surpass the resistance at 1.74 to continue towards our target strong resistance area.
💎 However, if LIT fails to breach the resistance, there's a possibility of retracement back to the support area to gather new momentum for another breakout attempt.
💎 In the event of LIT failing to bounce from the support area, the next potential stop is the demand area. This zone holds significant importance, as a failure to bounce and reclaim the price above the support could lead to further downward movement.
💎 Should LIT break below the demand area, it would confirm a bearish trend, indicating the potential for further price decline.
JOE/USDT Break Alert! Valid retesting and ready continue upward!💎 JOE has recently undergone notable market dynamics. Currently, JOE is rebounding from the support area, with signs of a breakout from the rounding bottom pattern, indicating a bullish reversal.
💎 There's potential for JOE to sustain its upward movement, with the next target being our strong resistance area.
💎 However, if JOE retraces back to the support area and fails to bounce, it could signal weakness and a potential breakdown below the support level, which would be concerning.
💎 In such a scenario, there's a possibility of JOE descending towards the demand area, and further downward movement could occur if JOE fails to bounce and reclaim the price above the support area.
ALPHA/USDT preparing for bullish move| 👀🚀Alpha Today analysis💎 Paradisers, let's dive into #ALPHAUSDT as it's gearing up for a bullish turn from its support zone, indicating a strong chance for an upward movement.
💎 After breaking free from a descending channel, MYX:ALPHA is now in a position to potentially hit the resistance at $0.1697. The decreased volume at this point hints at a likely continuation of the bullish trend from the $0.1525 support zone, where an increase in volume suggests a momentum shift could be underway.
💎 However, if #ALPHA price drops below this support zone, it's time to adjust our strategy. We're prepared for a bullish recovery from the deeper support at $0.1460. A failure to rally from this level might lead to further declines. Let's stay vigilant and ready to pivot as necessary.
GRT/USDT upward momentum what next? 🚀GRT Analysis💎 Paradisers, turn your attention to #GRTUSDT! We're witnessing potential signals of a bullish turnaround from the crucial support point at $0.3535. Maintaining strength at this juncture could foreshadow a significant move ahead. It's noteworthy that #GRT is currently following a descending trendline, which, if broken in favor of an upward movement, sets sights on the initial resistance target at $0.5027.
💎 Should the price struggle to sustain its stance at this critical support, we may need to explore alternative scenarios. Anticipating a bullish resurgence from the Fair Value Gap (FVG) level or eyeing the lower support at $0.2667 becomes crucial, especially since the market has already probed liquidity beneath this level.
💎 Proceed with caution: slipping past this secondary line of defense might spell a move into deeper bearish territory, underscored by intensified selling activity. It's imperative to remain alert and flexible as we navigate the evolving dynamics of the #GRT market.
GNO/USDT preparing for bullish horizon? 🚀GNO Today Analysis💎 Paradisers, gear up for a promising opportunity with #GNOUSDT, currently anchored at the crucial support level of $347.1. Its steadfast position here suggests a bullish trend might be on the horizon, bolstered by the price's previous dips below this level that have since solidified a bullish stance.
💎 Should CRYPTOCAP:GNO face challenges in breaching the $368.5 resistance, indicating a potential fallback below its current support, our attention turns to a bullish rebound from the secondary support or bullish Order Block (OB) at $323.5.
💎 Exercise caution: a descent beneath this secondary support could herald a shift to a more distinct bearish trend, characterized by escalated selling pressure. Staying vigilant and adaptable is essential as we continue to monitor the #GNO market's developments.
MAV after the pullback will continue to go downMAV after the pullback will continue to go down
🔵Entry Zone 0.6428 - 0.6190
🔴SL 0.6646
🟢TP1 0.5491
🟢TP2 0.5036
🟢TP3 0.4341
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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WAVES after the rejection from the resistance zone can go down WAVES after the rejection from the resistance zone can go down
🔵Entry Zone 4.0069 - 3.8172
🔴SL 4.214
🟢TP1 3.512
🟢TP2 3.222
🟢TP3 2.855
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
RUNE/USDT bullish reversal from support?👀🚀RUNE Today analysis💎Paradisers, take note as #RUNEUSDT demonstrates a significant uptick in momentum from its support level, positioning it for a potential breach of the $11.508 resistance barrier if the current trend persists.
💎 Historically, #RUNE has experienced a bearish pattern, with a tendency to form lower highs and lows. However, a recent uplift from the $7.264 support level is generating optimism for a bullish reversal, particularly as it continues to leverage this support to possibly navigate beyond the mentioned resistance.
💎 In the event that #RUNE faces challenges in sustaining its drive at the $7.264 support, we are on the lookout for a bullish resurgence from an alternative support level at $6.433. Should it fall beneath this critical juncture, a further decline could be in the cards. It's essential we remain vigilant and ready to adjust our trading approaches in response to the market's movement.
MANA can get rejected and go lower from 0.7053MANA can get rejected and go lower from 0.7053
🔵Entry Zone 0.6837 - 0.7053
🔴SL 0.7250
🟢TP1 0.5982
🟢TP2 0.5188
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
HOOK/USDT it is required break the resistance for continue UP!💎 HOOK has recently exhibited significant market dynamics, particularly as it encounters resistance in its current trading range.
💎 HOOK needs to break and reclaim the price above this resistance level to signal a bullish reversal and probability continue its upward movement toward our target area.
💎 However, if HOOK fails to overcome this resistance and experiences rejection, there is a possibility that the price will retreat and test support levels. The demand area around $1.16 to $1.023 is crucial in this scenario, as it has historically provided significant support.
💎 If HOOK reaches the demand area, it must bounce from this level to maintain its bullish momentum. Failure to do so could lead to a bearish continuation, with the price potentially experiencing further downward movement.
HOT/USDT need to bounce from this support zone for back to UP!💎 HOT has recently demonstrated notable market dynamics, particularly as it undergoes a retest of the support area following a significant breakout. It is crucial for HOT to bounce from this support zone in order to sustain its upward momentum.
💎 If HOT successfully bounces from the support area, it has the potential to resume its upward movement, aiming to make higher highs in our target strong resistance area.
💎 However, if HOT fails to find support at the current level and breaks below the support area, it would indicate weakness in the market sentiment. This could lead to further downward movement, with the next potential support area being around 0.00173.
💎 Therefore, it is essential for HOT to bounce from the support area and reclaim levels above it to maintain its bullish trajectory. Failure to do so could result in a continuation of the downward movement.
HIVE/USDT Bullish move from support?👀 🚀Hive Today analysis💎Paradisers, #HIVEUSDT is currently on the move, showing promising strength at its support level. There's a good chance it could rise above the $0.4136 resistance if it keeps up this positive momentum.
💎In the past, we've seen #HIVE follow a downward trend, consistently hitting lower peaks and troughs. A recent bounce from the $0.3689 support has bolstered the outlook for a bullish turn, especially as it's maintaining its pace at this support level to potentially climb past the resistance.
💎 Should #HIVE struggle to keep its momentum at the $0.3689 support, we're anticipating a bullish recovery from the next support at $0.3348. However, breaking below this point may lead to a further drop. Let's stay alert and ready to adapt our strategies as needed.
BAL/USDT should price respect key support? 👀 🚀BAL analysis💎Paradisers, turn your attention to #BALUSDT! We've observed its steadfast position, holding a pivotal support level and gearing up for a potential bullish ascent.
💎 #BAL has been under a tough line that kept pushing it down, but it recently broke free and is now sitting comfortably at $4.558 support. If it keeps up the good work here, we could see it jump up past $5.871 resistance.
💎 But, if #BAL starts slipping and can't stay above $4.558, we might need to change our plans. We're looking at a possible bounce back from $4.307, a spot it's hit before, showing there's a good chance for a pickup. Dropping below this point, though, could mean more drops ahead, so let's stay sharp and make smart moves with #BAL.
ZEN/USDT Should bounce from the support for continue upward move💎 ZEN has recently displayed notable market dynamics, particularly as it rests on a support area, which is crucial for sustaining its upward momentum. A bounce from this support zone is essential for ZEN to continue its upward trajectory.
💎 Should ZEN successfully bounce from the support, it has the probability to resume its upward movement, aiming to break through the local resistance at $15.7.
💎 However, if ZEN fails to find support at the current level and breaks below the support area, it will signify weakness and could lead to further downward movement. In such a scenario, the next potential stop for ZEN would be at the lower support area around $9.6.
💎 Therefore, it is imperative for ZEN to bounce from the support area and reclaim levels above it to maintain its bullish momentum. Failure to do so could result in a continuation of the downward movement.
MASK/USDT The perfect bounce suggests potential back to upward!💎 MASK has recently shown notable market dynamics, particularly as it rebounds from a support area.
💎 The strong green candle suggests potential upward momentum, but a decisive breakout above the resistance at $5.35 is needed to confirm this continuation towards the target strong resistance area.
💎 However, if MASK fails to break above the resistance, there's a possibility of a retracement back to the support area to gather momentum for another attempt at breaking out.
💎 If MASK fails to find support at the current level and breaks below the support area, the next potential stop is at the demand area of around $3.08. This demand area holds significance as it needs to act as a strong support zone for MASK to maintain its upward trajectory.
💎 However, if MASK breaks down below the demand area, it will confirm bearish sentiment, potentially leading to further downward movement in price.
BNX/USDT Keep an eye on the demand or support, Indicating Bounce💎 BNX has recently experienced notable market dynamics, particularly as it faces significant resistance in its current price range. The rejection from this resistance suggests a potential retracement to the demand area around 0.424.
💎 If BNX demonstrates bullish signs at this demand level, such as a rejection of lower prices with bullish candle formations, there's a probability of a bounce back upward toward retesting the strong resistance area.
💎 However, if the demand area fails to provide sufficient support and instead shows signs of consolidation with weak volume, it could indicate weakness in BNX's price action. In such a scenario, there's a risk of BNX breaking down below the demand area and continuing its downward movement towards the support zone around 0.34 - 0.3.
💎 At the support level, it's crucial for BNX to bounce back and reclaim its position above the support area to maintain its upward movement. However, if the demand area fails to hold and support is broken, it would signal bearish sentiment for BNX, potentially leading to further price declines.