Injective Protocol (INJ) formed Gartley for upto 22.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ)
In previous trade setup, the priceline of INJ was moved slightly moved down than buying zone, however, recovered soon and pumped more than 19%.
Now this time on a daily time frame, INJ has formed a bullish Gartley pattern for another bullish reversal move soon.
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
Inj
INJ still some (but little) upside BINANCE:INJUSDT has seen an explosive move upwards. Accelerated downtrend line (orange line) was broken and leaves still around 15% of upside until the next big resistance is reached.
Normally, we would expect price to retrace after reaching 3,05-3,75 USDT area as the main down trend is still active.
Longs make sense only once the down trend line is broken and retested.
INJ USDT | Perfect opportunity!#INJ/USDT
🟢Entry price: 1.71 - 1.62
🎯Targets:
|> 1.92 (Sell 50%)
|> 2.14 (Sell 30%)
|> 2.55 (Sell 20%)
and a bullish target at 5
🔴Stop-loss: 1.557 (1D candle Close under it)
-> for risk takers, I think 1.487 is a better stop-loss
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 1.5%
please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money.
stay safe and trade safe
thank you!
INJ - Potential Breakout A 5 Million Tokens Burn is fundamentally good news ( tokenomics are important in crypto)
INJ could be the broker of the future, just to have an idea of what the project is all about:
Injective is an open, interoperable layer-one blockchain optimized for DeFi applications. It uniquely provides plug-and-play modules, including an order book and derivatives trading module, that make it easy for any developer to quickly launch finance applications with inherent value. Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols. Built with Cosmos-SDK, Injective utilizes a Tendermint-based Proof-of-Stake (PoS) consensus mechanism to achieve instant transaction finality while sustaining lightning-fast speeds.
The current financial system is broken and too inefficient. DeFi has been promising in taking the first step towards breaking down the centralized infrastructure of the traditional exchange markets. Our mission is to take it a step further and to provide the most advanced, next-generation financial infrastructure for building DeFi applications on top of the Injective blockchain. Users can access these applications in a fully decentralized, fast, cross-chain, low-fee, and secure manner. READ MORE HERE
mY CHART SHOWS THE PRICE INA WEDGE, RUNNING OUT OF SPACE. tHAT MEANS VOLATILITY COULD BE INBOUND AND MOST LIKELY HIGHER.
Support at 1.534 and a first target at 1.85
Let's see how this goes.
One Love,
the FXPROFESSOR
INJ/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ INJ/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Regular (Long)
Leverage: Cross (3.0X)
Entry Orders:
1) 2.7955 - 33.403% ✅
2) 2.777 - 16.0%
3) 2.7646 - 16.609%
4) 2.7494 - 16.695%
5) 2.7342 - 16.603%
6) 2.719 - 16.686%
Take-Profit Orders:
1) 3.035 - 20.441%
2) 3.185 - 19.889%
3) 3.267 - 19.889%
4) 3.634 - 19.889%
5) 3.864 - 19.889%
Trailing Configuration:
Entry: Percentage (0.833%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
INJ has momentum, can it breakout of pattern?2nd pullback that didn't get, ugh
$INJ has momentum
Daughter said dump it lol
Risk profits, let it keep it going?
With volume last few days
IMO this can keep pumping
HEAVY volume 2day
Accumulation since June (3 sell days)
Another #crypto breaking PATTERN?!
INJ long position for a very short-term playVery simple trade
The price consolidated above the resistance which is acting as a support now. MACD remains bullish.
You can wait for one more pullback and support retest to load up on INJ or you can buy now.
Take profit and final target for this trade are shown in the chart
INJ WAVE PATTERNHello, dear traders, I hope you are doing well
Before anything, read the analysis that is related to this post and then come back and read this analysis.
I think our big F wave itself has become a diametric, and now we are in the g wave of E.
The area I specified can return the price to downward.
Comment if you have any questions
Thank You
INJ/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ INJ/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 2.035 - 100.0%
Take-Profit Orders:
1) 2.159 - 80.0%
2) 2.359 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)