INJ on crucial support #INJ still holding trendline support on daily timeframe!
Wait for Breakdown or Breakout or Breakout with proper retest
INJUSD
INJ ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT theINJ 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
INJUSDT
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
inj long setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
INJUSD Buy break-out confirmation if it closes above the 1D MA50Injective (INJUSD) is trading within a Channel Up pattern since the start of the year. For the past 8 days it has settled at the bottom of the pattern, below the 1D MA50 (blue trend-line). If it closes a 1D candle above it, we will have the bullish break-out confirmation for a long-term buy towards the top of the Channel. The Lower Highs and Higher Lows trend-lines of the 1D RSI can offer additional insight. Our long-term target is 23.000 (+310% from the Low, similar to the April 17 High).
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INJ warming up, ready for breakoutLadies and gentlemen, we have an exciting development in the world of cryptocurrencies as INJ (Injective Protocol) starts to warm up and appears to be gearing up for a potential upside move. This digital asset, known for its innovative approach to decentralized finance (DeFi), has caught the attention of investors looking to capitalize on the next big opportunity. INJ has been simmering beneath the surface, consolidating its gains and building a solid foundation for what could be a significant breakout. The price action has shown signs of accumulation, with higher lows forming, indicating increased buying interest and potential bullish sentiment in the market. While nothing is guaranteed in the ever-changing world of cryptocurrencies, the stars seem to be aligning for INJ, presenting a compelling opportunity for those willing to seize the moment. So, keep a close eye on INJ as it continues to warm up, for it might just be on the cusp of an exhilarating upside move that could reward astute investors. As always, in the world of digital assets, caution and thorough research should guide one's investment decisions.
INJUSD ❕ bullish takeoverTrading volumes increased on the rebound.
The RSI chart entered the bullish zone (4H, 1H and 30m TFs).
Price broke up 200EMA on the 1H Timeframe.
50EMA has broken up 200EMA on the 30m Timeframe.
I believe that the asset will continue to rise after overcoming the resistance.
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.
INJ BearishAfter big pumps i think we will see 18%+- dump. I m still waiting for retest on 1 day TF , however pattern is bearish , we got a new low and we need retest most important EMA !
Give me like if you agree !
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 towards 7.65The price has reached 4h support and a bounce is expected here. A long is favorable here for a target towards 7.54 first and then 7.65.
INJUSDT likely to visit 4h support around 7.20It seems the price wants to visit the 4h support area. A short seems favorable here till 4h support around 7.20 and a bounce shall be expected there which will provide a long opportunity.
INJUSDT likely to head up towards next resistance around 8.20At this level, INJUSDT is also offering a favorable long trade. The price has reclaimed the support and trading inside it. I expect the price to move towards the next resistance around 8.20.
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.
INJUSDT - Long Setup!INJUSDT (4h Chart) Technical analysis
INJUSDT (4h Chart) Currently trading at $4.35
Buy level: Above $4.25
Stop loss: Below $3.6
TP1: $4.8
TP2: $5.3
TP3: $6.2
TP4: $7.5
Max Leverage 2x
Always keep Stop loss
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Does INJprice still have the strength to rise or fall right now?In our opinion, the price of INJUSDT is at the stage of final acceleration in parabolic growth.
The completion of the 5th wave may be already around 7$, it may be around $7.50, or around $8.40. This should be closely monitored by those who hold a long position on INJUSD, as the correction may begin abruptly from the above levels.
Where can the correction take place, or where are we ready to buy INJ ?
In the area of 4$ in the event of a weak correction in the crypto market and 3$ and below in the event of a strong drop.
In principle, all levels are equal on the chart) Use it for health and with profits)
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