Injectiveprotocol
Super Bullish on INJ 🚀INJ has hit a new ATH in past hour, albeit by 0.49c but the key thing here is that $1.40 resistance has now flipped to support. With this new support level, I would expect for the next upper resistance level to be around $1.60.
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 🌹
✳️Injective Protocol (13/11) View + Trading Plan #INJ $INJOn October 23, INJ was strongly rejected at the 1.2$ zone and there is certainly strong selling that could push INJ back to the support just formed at 0.9$ or deeper
If the 1.2$ zone is broken, INJ will easily move up to the 1.7$ zone
📈BUY- LONG
-Buy close to 0.9-0.95$, stoploss if B
📉SELL-SHORT
-Sell: 1.15-1.2$, stoploss if A
-Sell: 1.7-1.75$, stoploss if A
♻️BACK-UP
-Sell close to 0.9-0.95$ if B, stoploss if A
-Buy: 0.65-0.7$, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
