$INJ SHORTBINANCE:INJUSDT has failed to close at least a 12hour candle above $7.4 which is the pivotal level in the last few weeks. Support flipped into resistance.
I’m expecting a move towards $6.7 in the coming days.
Injectiveprotocol
$INJ LONGCRYPTOCAP:INJ looking good for a push to $8 short term. Horizontal and diagonal resistance flipped into support
A famous Reversal PatternChart 4H TF
BINANCE:INJUSDT has the strong support and created reversal pattern Head Shoulders
So, just wait it's completed
INJ buy opportunity around ~$7.4-7.5Hello Traders,
As you see on the chart, INJ has been one of the best tokens in terms of ROI since January 2023.
It's still on the uptrend channel and if it corrects, it will be a best buy opportunity around 0.5 Fib level which is ~$7.3. The 0.5 Fib level has been a reversal point since January.
If you agree, please hit the boost button and follow me for more ideas.
Thanks
INJ And the Promising RewardHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 850 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target.
INJECTIVE | INJ Potential 7.5%INJECTIVE | INJ Potential 7.5%
With Bitcoin looking like a short/midterm retrace might be on it is worth taking a few shorter target shorts as they will be hit hard too. INJ is showing an ascending channel with no real key retrace yet, a significant bearish divergence and multiple attempts at breaking the RVD Trendline so a drop should happen. Lets hope against a random pump!
Bullish on Injective - Injective's BoomInjective has been rallying for months and has defied the bear market, which has drained most other crypto assets. Due to its super bullish fundamentals, it has stolen the limelight and will probably continue to do so.
Its uptrend has been very healthy so far, and we can see that through INJBTC. INJ has been doing very well relative to BTC, and both INJUSD and INJBTC look clean. What I mean is that technically they look solid, as they have had several corrections and consolidations. Therefore the current trend looks sustainable.
The two key areas I think INJUSD is targeting next are 10.3$ and 14.5$. Those two areas have a lot of liquidity, given that triple/quadruple tops have formed there. I expect the market to hit those targets in the next few months. Taking profits in those zones makes sense only in the short term, simply to add more in case the market corrects once it gets there.
[UPDATE INJ] Nothing to say...below 5$ is game over. I will start buying it at1.5$ in Q4 2023.
Now are are at mid range..
Will increase my short position if we see any short squeeze around 7 - 7.5$ (if).
Bye.
INJUSDT Buy Setup!INJUSDT (4h Chart) Technical analysis
INJUSDT (4h Chart) Currently trading at $6.32
Buy level: Above $6.2
Stop loss: Below $5.3
TP1: $7
TP2: $7.6
TP3: $8
TP4: $10
Max Leverage 3x
Always keep Stop loss
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INJUSDT Next Possible MovePair : INJUSDT ( Crypto )
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame
Break of Structure
RSI - Divergence
Completed " 1234 " Impulsive Wave
Bullish Channel as an Corrective Pattern in STF
SMC - CHoCH
INJ Injective Protocol Cup and Handle INJ formed a nice Cup and Handle via Daily chart :) this coin has done well even with the current market lagging like it has been but soon to change so many are saying. If it does this coin would be one to have.
INJUSDT heading for support levelsHere are the levels for support for this coin pair. There is one hourly support and two 4H support level on the way before the price can hit daily support DS1 around 6.4 zone. These support levels offers the opportunity for long trades for q quick few percent gains. 1HS1 is not that relevant but 4HS1 and 4HS2 can be good levels. And DS1 is definitely a level to long for bigger gain.
INJ Looks Really Good to BullishI think It looks like very good to start a rally and it has formation an ascending structure.
Target 1 is $7.95 and then $8.5
INJ. Seed before they INJect a PUMP!INJ is registering significant accumulation at the current price point. A poke at a downtrend line break was broken after 6 days of descent.
This is a hint of a major price shift in the next coming days. 5.0 to 6.0 is a reliable order block support so expect some position buys from here.
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Fundamentally speaking, INJ is one that you don't want to miss.
Injective Value Proposition
Injective provides the most advanced, next-generation financial infrastructure for building DeFi applications on top of the Injective blockchain. Users can access these applications in a fully decentralized, fast, cross-chain, low-fee, and secure manner.
Some of Injective's key elements include:
Layer-1 smart contract blockchain: Injective provides a start of the art interchain L1 that is able to achieve ultra fast speeds while charging zero gas fees.
Unlimited DeFi applications: Injective allows anyone to build DeFi applications with Injective’s robust infrastructure and financial primitives such as an on-chain orderbook.
Cross-chain trading and yield generation: Injective is capable of supporting a diverse array of trading and yield generation activities across distinct layer-1 blockchain networks such as Cosmos and Ethereum.
Community driven network governance: Injective is governed by its decentralized community in which all new innovations are voted on by a Decentralized Autonomous Organization (DAO) structure.
Pioneering interoperability: Injective is the most interoperable blockchain with native connections to Etheruem, Cosmos, Solana and much more.
Fully Customizable: Ship your products with the ability to swiftly modify any parameter to fit your use case.
Intuitive developer experience: Flexible and expressive development environments powered by Rust and Golang.
Environmentally Friendly: A 99% lower carbon footprint through Injective’s Tendermint PoS consensus mechanism
TAYOR.
safeguard capital always.
INJUSDT again at daily support, likely to aim for daily resistLets take another long from the daily support targeting the daily resistance again. This spike was due to this market not being that liquid like Binance one. But if you are not playing with very big size, not so liquid markets (provided this market is very liquid elsewhere) can be a boon as it can give you a very good entry and exit.
INJUSDT close to hit daily support, long favorable from thereThe price is very close to hitting the daily support around 6.56-6.66 zone. This support shall provide bounce to the price and make a long favorable from there. Lets watch how the price reacts when it hits that support zone.
inj played out perfectlyinj trade idea was shared which worked perfectly well and pumped over 10% in few hours. Crazy gains.
INj is ready for another pumpInj is making bullish structure and ready again for another bullish rally in short term. Lerts ride on it
INJ - at what price will investors buy INJas we see at (D) chart, look at the corrective market structure. Goin to wave 5?
INJUSDT on 4h support, likely to head to 8.81The price has hit the 4h support area. I would expect the price to hold and bounce from here. A long trade is favorable with a target of 8.81.
INJUSDT likley to head towards 8.79The price has hit the hourly support here. A long seems to be favorable here with a limited risk. The target for the long should be 8.79.
INJ bounces of 61.8 fib level -- reversal to the upside expectedINJ just touched the 61.8 fib level and an imminent bounce to the upside is in order.
Accumulation and net buying has transpired at these levels -- and 4H higher low formation was created.
Expect a reversal to the upside -- with possible retest of previous peak at 10, with a high chance of breakout.
Spotted at 6.8
TAYOR.
INJective protocol - it needs to breath (I guess)Injective protocol has been on an uptrend since October 2022.
and has risen over 900%.
Recently it made a local high of 9$ and the price started rejecting from it. it tried to break above it and failed...
it has made a double top pattern in 1 Hr timeframe.
I am looking at the correction in this coin.
A potential trade setup is possible.
lets see the PA, if it happens.
