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Injective

INJ/USDT retesting key Support bullish ride| 👀🚀INJ analysis💎 Paradisers, #INJUSDT pair, which is currently retracing and retesting a critical support level at $34.69. This level holds significant importance, and its ability to transition from a retest to a firm support could signal a potential bullish move. 💎 After successfully breaking out of a descending channel, $INJECTIVE is now poised to challenge the resistance at $41.46. A favorable retest followed by sustained strength at this level might pave the way for a bullish surge. The next target lies at an initial resistance of $47.26, with further aspirations to breach even higher barriers. 💎 However, should the price of #INJ dip below this pivotal zone, it’s crucial to adapt our strategy. We anticipate a bullish rebound from the secondary support level at $32.07. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate market fluctuations.
Long
by MyCryptoParadise
INJ pullback soon INJ over 900% without corrections. I think soon we will see health pullback BINANCE:INJUSDT Possible Targets and explanation idea ➡️Market Mood indicator we are at Sep 2021 level sentiment. Late longs will be liquidated ➡️0.5 - 0.62 lvls fib can be a fix profit zone before correction ➡️Inside this zone we got liquidity stop losses from September 2021 ➡️Based Money power indicator whales start take a profit ➡️Healthy correction can be even to 5-6$ My previous idea 2.5 Monthly fvg probably invalidated for this current moment but will be like a main zone for next bear market Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Short
by Crypto4light
1
$INJUSDT Breakout and Retest Successfully done!!!The purpose of this setup is to provide an analysis that suggests if the current market conditions are bullish or bearish, potential entry and exit points, and to identify key levels of support and resistance that might influence future price movements. It is important for the community to know that such technical analysis is based on historical data and patterns, and it does not guarantee future price movements. All investments and trades come with risk, and one should only trade with money they can afford to lose. Now we move to the analysis. What are my considered parameters for this trade? Price Action: The setup shows the priceaction of Injective in a Daily TF. There has been a recent uptrend as indicated by the price being above the 50 EMA line, which is the green curved line on the chart. Fibonacci Retracement Levels: The chart shows a clear bounce off the 0.618 level from the recent dump, which could be seen as a potential support level and which confirms as well the Fibonacci setup that we have for this Trade. Bullish Pennant Pattern: The purple lines show an ascending trendline as support trendline and a descending trendline as a resistance trendline. These two formed a perfect Bullish Pennant Pattern, from where the price broke and retested recently with the recent dump that we had in the market. All these points speak for a long trade here taking no more than a 200% TPR to reduce risk and not be greedy as well. I will keep posting follow ups and updates on this trade. Good Luck
BINANCE:INJUSDLong
by Lucas_CryptoLab
INJ/USDT Ready for its Next Bullish Move? 👀🚀INJ Analysis 💎 Paradisers, let's focus on #INJUSDT, as the current trend is hinting at the possibility of a significant bullish rebound from its essential support zone. 💎 Examining #Injective's recent market trends, we notice a steady 32% drop after encountering resistance at a key supply level. However, resilience around the support level of $34.94 is evident, indicating the potential for an upward shift. 💎 Despite current hurdles in setting new highs or breaking past previous peaks, leading to a short-term bearish outlook, the $34.94 mark is critical for #INJ. This level could be the catalyst for a strong bullish surge upon retesting. 💎 As strategic traders, we're always ready with an alternative approach. If #INJ doesn't maintain its stance at the support and declines further, we're looking towards a bullish recovery starting from a lower support level at $31.6. However, be aware that falling below this additional support level might imply extended bearish trends. 💎 Stay versatile in your strategies and focused on the charts, Paradisers. Your ParadiseTeam is vigilantly observing the markets, poised to offer guidance through these shifts.
Long
by MyCryptoParadise_Simon
1
INJ/USDT Eyeing a Bullish Turn from Key Support Zone?🚀INJECTIVE💎 Paradisers, get set for an exciting trading prospect with #INJUSDT, perfectly positioned at a vital support area, hinting at an imminent bullish turn. 💎 Exploring the #INJECTIVE trajectory, we find it climbing from a critical support level of $33.98. With the price maintaining its current drive, there's a strong likelihood of initiating a bullish journey. The first milestone to watch is the resistance at $37.13, with a breach potentially propelling the price towards $41.76. 💎 If the drive behind #INJ starts to wane, anticipate a bullish resurgence from the robust demand level at $32.45. A fall beneath this point, however, might signal a significant shift to bearish territory.
Long
by MyCryptoParadise
6
ETH RANGES Ethereum being the second biggest coin in market cap has a very important role to play in the crypto ecosystem, however, we haven't heard to much talk or news about the coin as other L1's have stolen the spotlight. SOLANA, INJECTIVE, SUI etc have all grown in popularity and have taken a lot of the focus away from the biggest altcoin by market cap. In the chart there are clear ranges for which I believe are worth trading. Range 1 & Range 2 are the HTF key levels, bouncing between the High, low and the midpoint of the range . Currently we have seen price be rejected from the Range 2 Midpoint the support comes from the $2130 level in the HTF but the red supporting trendline on the lower timeframes. For now the chop has kept ETH within those areas and until proven otherwise should be traded as such. A case for the bulls on Ethereum : - ETF narrative can be a powerful mover as has already been demonstrated with the BTC move all of last year. Now that the Ethereum ETF awaits approval we could see a similar rally towards the decision date at the end of May this year . It's important to note that this date is post BTC Halving event and historically a rally follows this event throughout the market. - Deflationary tokenomics lend themselves to a bullish asset for investors because of simple supply and demand dynamics. With the inevitable increase in retail exposure that comes with a Bullrun in addition to BlackRock and other ETF providers buying large sums of the crypto to offer to customers. Naturally this increases price as demand is up, now couple that with a deflationary circulating supply and you have a very bullish scenario where a very sought after asset is becoming increasingly rarer, perfect storm for the bulls. A case for the bears: - OLD NEWS... I would say that in crypto being the new kid on the block is very important for increasing the price of the token. We have seen in the last year many new L1's be released and have taken the spotlight away from older more established coins which can be disheartening for anyone that's holding ETH or looking to add ETH to their portfolio. INJECTIVE, SUI, TIA to name a few often outperform the larger cap coins that are older as the potential to grow is much larger. Ethereum already has a market cap of $280B The likelihood of 5x, 10x or 20x gains are much lower than a smaller cap coin offering a similar service with newer technology. So for this reason I think the well established nature can work against Ethereum but it is worth saying that because of this it is less risky to invest in a larger cap coin when compared to smaller caps. I'm keeping a keen eye on ETH both against stables and BTC pairs but will avoid getting drawn into the choppy price action. Only taken action at the key levels shown on the chart.
BINANCE:ETHUSD
by ProR35
INJ - Bullish Momentum Persists 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 INJ has been overall bullish , trading above the red trendline. Currently, INJ is hovering around the trendline acting as a non-horizontal support. Moreover, the 30.0 marked in green is a strong support zone. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and red trendline. 📚 As per my trading style: As #INJ is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📈 In parallel, for the bulls to take over medium-term and start the next impulse movement that will lead to the 50.0 round number, a break above the last major high in red at 40.0 is needed. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
4
Injective- Drop to 20?BINANCE:INJUSDT is another token that has received a lot of hype this year, but, similar to LCX's situation, all this hype hasn't led to a price increase. If we look at the chart, we can see that after breaking above the important $10 resistance level, the price sharply rose by 400%. However, after initially surpassing $40, INJ entered a consolidation phase. Upon examining the weekly chart, it becomes evident that rallies above $40 were met with selling pressure. Additionally, yesterday, following a new attempt to exceed $40, the price experienced a significant drop. In my view, these are all signs of a potential reversal. Technically, as previously mentioned, the $40 zone acts as a strong resistance while $30 serves as a clearly defined support level. A breach below this support could drive the price down to the next support level at $25. However, given the prolonged distribution around the $40 peak, I wouldn't be surprised to see Injective fall to $20 in the long run.
Short
by Mihai_Iacob
INJ(INJECTIVE) is about to moon(100X)??So after i have been watching INJ, I realized that just like all the other Tokens, coins etc, is it as well in correction, basically market has been moving sideways, choppy, while correcting. So since 43 to 45 dollars, INJ was hitting resistance, while on the lows around 29 and 30 dollars it was hitting or on support, basically price is struggling to break above or below this range. Based on the cycle count: you can see we have a WXYXZ correction cycle pattern, which just completed around 30 dollar price, And on the current price is where I am looking for long orders. Scroll-back to see the whole analysis.
Long
by Theofylrx
INJUSDT Next target $80??INJ/USDT is showing signs of a breakout from resistance, aiming for the $80 mark with expectations of doubling returns within this range. For those considering an investment strategy, buying and holding INJ/USDT appears promising amid the resistance breakout. Traders eyeing this opportunity should closely monitor the upward momentum and potential for substantial gains in the near term. ROSEUSDT (1W Chart) Technical analysis ROSEUSDT (1W Chart) Currently trading at $41.5 Buy level: Above $41 Stop loss: Below $32.5 TP1: $45 TP2: $55 TP3: $65 TP4: $80 Max Leverage 2x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
1