INJUSDT 1-Day Chart 2024 best tokenThe red highlighted area below the current price action marks a strong support zone around the 15.00 - 20.00 range.
This level has previously provided a strong base for price to move higher.
A significant resistance level is identified at 45.00, which is the projected target for the upward movement.
Intermediate resistance levels at 39.91 and 42.78 might also be observed, acting as potential take-profit points.
The price recently broke above a key level of 24.24, indicating bullish momentum.
The chart shows a significant upward movement with a projected path towards the 45.00 level.
Ensure proper position sizing to avoid overexposure to market volatility.
Inj
INJ - Full Bear Mode?I've been bullish on INJ until the M-Pattern formed - which has since taken us into a bearish correction. There is ONE zone that remains our final hope for a new ATH, but if we cannot hold this support then INJ is full on bearish for the immediate future.
Let's take a look at key zones for buying orders as well as the INJBTC chart for insights.
Here's an alt that is instead moving into accumulation as discussed in the video:
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BINANCE:INJUSDT BINANCE:INJBTC BINANCE:OPUSDT
Trade Setup: INJ at $18 SupportMarket Context:
INJ has retested the $18 support level, with buyers visibly defending this area. This support sweep indicates potential bullish momentum. If the price loses this support, wait for it to turn into a deviation before buying at this level off a higher high, then a higher low. Ideally, the price should consolidate above $22 and then break to the upside from here.
Trade Setup:
Entry: Enter a trade at $20.
Take Profit: Set profit targets at $25.50 and $30.
Stop Loss: Place the stop loss below $18 on a daily close.
📊 Monitor the price action closely and adjust your strategy accordingly! #INJ #CryptoTrading #SupportAndResistance 🎯
INJ UPDATE (buy and sell setup)Before anything else, we warned inj holders at the top price that the bullish waves are over and the big inj correction is about to begin. (You can see it in the "related ideas" section)
Now we have prepared an update for inj.
From where we placed the red arrow on the chart, the INJ correction has started. It seems that we have a zigzag diametric on the chart.
We will look for sell/short positions in the red range and buy/long positions in the green range.
If a daily candlestick closes above the red range or below the green range, the analysis will be violated
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
INJUSDT Potential DownsidesHey Traders, in today's trading session we are monitoring INJUSDT for a selling opportunity around 21.10 zone, INJUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 21.10 support and resistance area.
Trade safe, Joe.
Injective / INJ analysis The price of Injective is $2.28 today with a 24hour trading volume of 140 million dollar. This represents a 20% price increase in the last 24 hours and a 70% price increase in the past 30 days.
Injective is a blockchain built for finance. It is an open, interoperable layer1 blockchain powering next-gen DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols.
they had pretty busy week, first a mainnet upgrade then Astroport beta launched on Injective,they processed over 150M transactions and burned 5,639,832.45 total INJ too.
Inj bulls couldn't break 2.5 resistance but the daily candle still is green means bulls still got chance, for short term 2.5, 2.9 and 3.5$ are targets.
1.5$ is a dip level for Inj and good opportunity for investors
INJUSDT Potential DownsidesHey Traders, in today's trading session we are monitoring INJUSDT for a selling opportunity around 23.25 zone, INJUSDT for a selling opportunity around 23.25 zone, INJUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 23.25 support and resistance area.
Trade safe, Joe.
$INJ injective trade analysis BINANCE:INJUSDT <> monthly chart 📉📈 analysis ⏰ DYOR
( Support ✨ and share my article with your frnds ❤️🔥 , follow article for intresting updates )
$18 - $15 > high level resistance time of 2021 , now act's like " SUPPORT "
📌 Month below close is invalid
I am expecting potential accumulation range , here
🎯 $150 ....... ‼️ Target
..... i know, this coin is potential to do much more target's .
But ,
Let the coin to complete it's main thing's, later we can discuss
Injective Protocol Flashes Buy Signal On The Daily Chart — 16% 👉 Here's What Has Happened
printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which likely leads to a further price increase.
ℹ️ Signal Details
The signal flashed on the daily chart and had extraordinary backtest results. Based on 30 historical signals, INJ gained more than 10% after signals has flashed in 80%. Moreover, the MACD is usually a good indicator on the daily chart — when specific aspects apply 👇
💹 Other Technical Indicators
Most momentum indicators are in the neutral zone and, therefore, support the signal. Many trend indicators have turned bullish or are about to turn bullish. The weak ADX should be monitored closely since we want to have the signal backed by a strong trend.
📉 What about the chart
INJ's 1D chart perfectly supports the signal. INJ has found strong support at $20 and bounced nicely. The profit potential of the signal aligns with the next resistance at 27-28.
INJUSDT: Thorough Analysis and Trade Setup.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
According to our previous analysis on INJ, we successfully hit our short-term and major targets ranging between $29.069 to $30.512. The long-term targets are still the same as mentioned previously.
Current scenario:
The price action is constrained within a descending channel, highlighted by two parallel black lines. This channel has guided the price movement downward, indicating a bearish trend over the past few months.
At present, INJ needs to break above the $28.062 and $30.512 resistance levels, which could signal the beginning of a new bullish trend. The best accumulation zone around $16.708 to $18.437 offers a strategic entry point for long-term investors.
Entry Range 1: $20 to CMP.
Entry Range 2: $16.708 to $18.437.
Targets:
- T1: $28.247
- T2: $30.512
- T3: $38.703
- T4: $50.578
- T5: $70.007
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Thank you!
#PEACE
Retest on past resistence can give you 75% on $INJThis is the 4th time the price rebounds on the 200 EMA (green) on 3 days time frame as indicated by the blue arrows
If you are more conservative, wait for a support over the pink traced line, that is the all-time-high around the 25.00 usd
The target will be the last reset of VWAP (Volume Weighted Average Price), quarter weighted, around 38.60 usd (orange traced line)
$INJ setup for 50% gain on next days, 3D timeframeCRYPTOCAP:INJ setup for 50% gain on next days, 3D timeframe:
We are on 3D timeframe here. Blue arrows number '1' and '2', were bottom pivots on Hodlfire Indicator (copyrighted) right over the Exponential Moving Average 200 (3D 200EMA) line (green), and we just got a 3rd, right over the 200EMA again (the last blue panel under late price movements)
So, as we are pivotting the bottom here, we expect next target on the last reset of VWAP line (orange line) at 38.60 usd, bringing over 50%
There was a first and second confirmation of trend, (1.) the support on all-time-high of the last cicle (pink line) and (2.) break of diagonal blue trendline; if you want to wait for another confirmation, the 3rd, just wait suport over the black VWAP quarter line around 27.00 usd
Another run is coming soon - New ATH for INJ ?#INJ/USDT #Analysis
Description
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+ INJ has reached its critical support zone, and the price is currently bouncing back from it, presenting a good opportunity for a long trade.
+ I'm entering a long trade here with the stop-loss (SL) set below the support zone.
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VectorAlgo Trade Details
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Entry Price: 21.4
Stop Loss: 13.4
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Target 1: 24.16
Target 2: 28.95
Target 3: 33.11
Target 4: 44.81
Target 5: 53.00
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
INJ - Will the support the hold ?INJ/USDT is currently trading at 22.27 and the price has reached its support zone of previous ATH after recent downtrend. This is a major support zone for INJ and if this support zone breaks then the next support will around 14 which is significant correction from the current price.
I'm expect the price to reverse back from the current support zone.
Assuming the price will reverse back from the current support zone , we have good opportunity to enter a LONG trade here.
Entry level: $ 22.23
Stop Loss Level: $ 16
TakeProfit 1: $ 25
TakeProfit 2: $ 30
TakeProfit 3: $ 39
TakeProfit 4: $ 53
TakeProfit 5: $ 71
Max Leverage: 2x
Position Size: 1% of capital
Don't forget to keep stop loss.
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Cheers
GreenCrypto
INJUSDT Breakout and Potential retraceHey Traders, in today's trading session we are monitoring INJUSDT for a buying opportunity around 23.80 zone, INJUSDT was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 23.80 support and resistance zone.
Trade safe, Joe.
INJ we've probably seen the bottomWe are currently looking at futures trade with members on certain coins, as well as dca zones. INJ has covered the weekly and monthly levels behind it at the price of $24. We waited for the news to see how buyers would react. Now that we have confirmation, we get the courage to go long on this coin.
In this case, INJ must hold $28 until the 200 DMA is at $31. If in this case we see a consolidation and not a big sale, my advice is to go long this coin at the bottom of that consolidation.
For example, catch up to $27 and put a stop loss below just in case
INJ (back to life again ?)INJ / USDT
INJ is trying enter the previous accumulation zone again
Daily candle is showing big green engulfing candle but not closed yet !
Every thing is clear in this chart and i show you important levels
Holding above = continue growing
Losing levels = invalidation
Best of wishes