INJUSDT close to 4h support, long favorable from thereThe price is coming to 4h support zone 4HS1. It is likely that the price will bounce from there. This makes a long trade favorable from there. The price is likely to head towards hourly resistance around 7.91-7.94 zone. The target of the trade should be this zone around 7.93.
INJUSD
INJUSD Short-term buy opportunityInjective (INJUSD) is on the 2nd straight green 1D candle, following a rebound for the 1D RSI exactly on the 30.00 oversold barrier. With the 1D MACD close to forming a Bullish Cross, this is a short-term buy opportunity. The previous such rebound below the 1D MA50 (blue trend-line) was on the May 12 bottom and it made a rise just below the 0.618 Fibonacci retracement level. As a result, we take this opportunity to long and target 8.7000.
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INJUSDT at 4h resistance after boucing from weekly level, likelyThe price has hit the 4h resistance zone which was also the target of our long trade. The system says to short this level. I have already taken a short here towards 7.16 zone. That zone is LTF support and I expect the price to at least go down there from here.
INJUSDTBINANCE:INJUSDT SHORT Idea
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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INJUSDTBINANCE:INJUSDT Short idea
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
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
INJUSDT to bounce from daily supportThe last long did not work out. We had a bit bounce from the 4h support but it was not substantial to fulfill our trade goals. However, the price has now come to the daily support. This zone is a pretty strong support zone and will provide support to the price and the price is likely to hold this level at least to allow the price to bounce good enough for a long trade. You can see on the chart that this level has held the price in past when the price hit this level several times and finally provided a good upward move. And therefore, I believe this is a good level to go long spot. The trade idea has been put on the chart but it can be adjusted as per the need. The idea is not to lose this opportunity due to just a spike on the
down side.
INJUSDT to head up towards 9.53The price has been rejected from 4h resistance 4HR1. The price has come back near the hourly support HS1 and now trading below it. From the price action, it seems the price is going to bounce here. This makes a long trade favorable here. The target of the trade should be 9.53.
INJUSDT to come to down to 4h support for a bounce to 9.65For this one a long entry would be 4h support zone which is sitting around 8.68-8.73. The price has rallied close to 9.93 and then retraced back. It is currently trading above the 4h support 4HS1. But I expect it to hit that support and then bounce from there. A long trade will be favorable from that 4HS1 support zone towards the resistance zone 4HR1. The target of this trade should be 9.65.
INJ ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the INJ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
INJ : DOWN Recovery possiblity
The first target where it can break down is $7.79 with the following below $7
We will study soon if this is the end of the cycle of INJ.
INJ did as one of the best coins since time, and we did add about it since this update:
With the following before $2
There is a possibility that INJ is going to see a trend recovery in the coming time, how far that exactly is, we should check with the time frame.
There is no must that this recovery should happen, it's only about the high chance depending on the technical view of the coin.
INJUSDT at daily support, likely to head to 8.i36It seems that the price is ranging between the daily support and 4h resistance 4HR1. Since the price is again at the daily support, it makes the long favorable from there towards 4h resistance 4HR1. Though there should be some resistance at the level 4HS1 as that had and would act as a resistance when the price would try to move to the upside. Lets take this long trade with a target of 8.36. By the way at the time of posting it, the price has already bounced from that daily support level. So will wait for a better entry and add size slowly.