INJBTC - Price Squeezing on Fib Line in Wedge - Breakout coming?Not financial advice. I am a noob practicing TA. Leave a comment.
INJBTC
INJUSDT (Channel Breakout)#INJUSDT Technical Analysis Update
Channel Breakout
INJ/USDT currently trading at $4.80
LONG ENTRY level: $4.55 to 4.80
STOP LOSS: below 4.20$
Target 1: $5.36
Target 2: $6.50
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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$INJ, On price discovery since volume started flowing in again..$INJ
On price discovery since volume started flowing in again..
Testing 13k where seems to find some resistance (confluence w/ Fib level..)
UCTS signalling bullishness across the board, so it may hit higher targets (~16k ?)
Only a moonbag on this trade from previous setup
#INJ
Injective Protocol (INJ) After Strong Bullish ActionLet me start by saying that we don't ever, ever trade this type of chart... We only look at charts for trading that are very low risk and BEFORE the bullish action starts.
Here we have INJBTC (Injective Protocol) after really strong bullish action.
Right now resistance is being faced at the 1.618 Fib. Extension level marked with a red dashed-line.
Above this level, we can see additional up (green arrow).
Below this level, we can see a retrace before prices continue to grow.
This project looks really good.
Additional details on the chart (support and resistance levels mapped with Fibs.).
Remember to hit LIKE!
Namaste.
$INJ, Trying to break out from known range into price discovery.$INJ
Many alts pumping today...
Trying to break out from known range into price discovery..
UCTS 1D buy flashing as 12H is already 20%+
Volume not that strong so aiming for a flip at current level as entry could be safer // Fibs levels as potential levels to watch
#INJ
INJ.USDT and BTC (Y20.P5.E1).Buy signalRef. G.Chart
Hi
If your familiar with chart structure, this is a good buy signal.
Refer to the Bump and Run strategy.
The lead in trend line was tested and looks good.
BTC is likely also to go up from here (70% chance).
Ensure you place your stop loss in the right places.
All the best,
S.SAri.
INJ.BTC pairing
BTC USDT
INJ / BTC potential next moveINJ / BTC
🌟analysis 🌟
This coin is Recently added to binance
According to fibonacci
next target is around 1.618 level
Best buy area ...If the price retest previous support zone in chart again
Good luck and happy trading 🌹
