INJUSDT: Thorough Analysis and Trade Setup.Hello everyone, I’m Cryptorphic.
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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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Inj
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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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
INJ Trade IdeaInj has good liquidity flow from last few days and looking very good and in bullish trend. As we can see a clear B O S on chart that's why I am looking for long in my faviourite setup OB+FVG+SSL. As currently market has formed Sell Side Liquidity above the fvg. Now we can see some 1-2% up move then if market allows to visit our fvg area then we will build long position. Everything is clear on the chart.
INJECTIVE Head and Shoulders Just a quick trade set up that could be a good LONG to take. Price looks to have printed an inverse Head and Shoulders which looks like a bullish reversal.
Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted.
Using a price forecast that is a mirrored copy of the move down I think that if BTC behaves we should see something similar with incremental take profit points on the way up.
Clear invalidation is a clean break below the head of the Head and Shoulders pattern.
Injective INJ price in consolidation, where will it go?#INJUSDT price was one of the first to show strong growth at the end of 2023, as they say, even before it became mainstream)
Maybe it will be the same now?)
But for now, the #INJ price has approached a strong mirror level. And it seems to us that it would be good for it to adjust once again to $24.50.
🔼And from there, we can take the acceleration to break through and consolidate above $30, and then up to $50 is just a stone's throw away)
🔽But below $23, you need to be careful with #Injective, because a new wave of decline may begin with the final target of $12
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INJECTIVE #INJ 2024 Price Target = $85Smash a like if you agree!
Why do you ask?
Because people like smart contract blockchains, people like new projects, a good ticker, good liquidity, the right price to make multiples
all add up to winning tickers in the #crypto space
So I believe INJ will not only meet this $85 target
buy likely surpass it during 2025 top
INJUSDT Good Potential!INJUSDT Technical analysis update
The price of INJ is trading inside a triangle pattern and is moving towards the triangle's resistance line. Once the price breaks through, we can expect a significant bullish move. The price is trading at its major support on the higher time frame.
You can buy it once the price breaks its triangle pattern.
Regards
Hexa
Inj/Usdt Breakout (INJ) has recently broken out of its trendline resistance, confirming the breakout. Currently, the price is retesting the breakout level. If the breakout is successful, a 25-40% bullish move can be expected. Please note that this is not financial advice, and it is recommended to do your own research (DYOR) before making any decisions.
INJUSDT Long Trade SetupCurrent Situation:
Price Level: INJUSDT is currently in a range that provides a favorable entry point for a long spot position.
Trade Strategy:
Entry Point: Enter a long spot position between $25.50 and $26.00.
Take Profit Targets:
First Target: $30.00 - $32.00
Second Target: $39.00 - $41.50
Third Target: $49.00 - $53.00
Stop Loss: Set just below $22.50 to manage risk.
Summary:
INJUSDT is presenting a solid opportunity for a long trade within the $25.50 to $26.00 range. Set your take profit targets at $30.00 - $32.00, $39.00 - $41.50, and $49.00 - $53.00. A stop loss just below $22.50 will help protect against downside risk.
INJ/USDT 175% Potential Rally ahead!🚀 INJ/USDT Technical Analysis by Cryptorphic 🚀
- Price at Time of Analysis: $26.111
- Key Support Level: $25.451
- Resistance Levels:
- Short-term: $29.069
- Major: $30.512
- Long-term target: $69.785 - $70.007
🔹 Chart Patterns:
- A breakout from the descending wedge pattern.
- Potential bullish movement towards the long-term target indicated in the green zone.
🔸 Moving Averages:
- The price is currently below the 100-day moving average (purple line), suggesting a potential bullish trend continuation if it breaks the level in the coming days. This scenario is highly likely.
📈 Forecast:
- Expecting a price surge towards the $70 range, as depicted in the chart.
- Watch for price action around the major resistance levels for confirmation.
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
INJ is ready for mainstream adoption.Hey! its Dalin.
Just dropping in to share a chart on INJ.
This cycle reminds me of Amazon as it was starting to breakout.
Later amazon became a household name, I think INJ could do this on a smaller scale.
I am keeping my eyes on this one.
And soon my wallet.
- Dalin Anderson
#INJ/USDT#INJ
The price is moving in a bearish channel pattern on a 24-hour frame, and it adheres to it well and is expected to break it upward
The price rebounded well from the lower border of the channel at the green support level of 22.00
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 23.70
The first target is 25.80
The second goal is 27.00
Third goal 29.30
INJ Trade Analysis: Bullish Outlook 📈Current Market Context:
INJ is breaking out of a downtrend and demonstrating bullish momentum. The recent transition to a deflationary model adds a strong fundamental case for long-term holding.
Trade Strategy:
Entry: Initiate a trade at the current market range of $25 - $26. This entry point leverages the ongoing bullish breakout.
Take Profit: Set multiple take profit targets to lock in gains at different stages:
First Target: $29
Second Target: $35
Third Target: $45
Stop Loss: Place the stop loss at $23.17 to manage risk and protect against potential downturns.
Rationale:
Fundamentals: The deflationary model and strong metrics support a positive long-term outlook.
Technical Analysis: The break of the downtrend indicates a potential shift to a bullish phase, supported by lower time frame (LTF) analysis.
INJ Injective takes a breather?
It has run nicely since the lows with incredible strength. But surely a correction will be necessary at some point.
Here we have some fib confluences in the area as well as bearish divergences. Similarity to the previous occurance might lead to 40-50% correction before resuming uptrend.
Surely not adivice to short here. Rather buy if hits zone in given time period
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No financial advice, do your own research, don't be stupid