INJ injective bearish 🐻 analysis ⏰I am expecting bearish 🐻 on BINANCE:INJUSD
Invalid 📌 above $16 day above
👀 R.s.i reaching over sold // bearish divergence
👀 Parallel channel 📌 formation
+
$12-14 expecting rejection towards $7.5-8.9
If parallel channel was broken 🤣 $2-6 💔😂
Don't hate if u ar fan 😂 of BINANCE:INJUSDT just market 😜 is all about bull 🐂 and bear 🐻
$12-14 >> $7.5-8.9 // worst case 📌 below $6.8 >> $2-6
INJUSDT
INJ Neowave - Elliott Wave Theory Analysis (Daily - Medium Term)INJ is performing very well in 2023.
The waves are quite similar in price, there is a possibility that the structure could be diametric. In this case, I would say that $13 is a very good level in terms of costing. The point to watch out for is the possibility of the structure turning into a symmetrical structure because in this case it should touch the 'dashed' trend support so that we can see waves 'H' and 'I' in the continuation of the trend. This could also be the opportunity of the year.
Nevertheless, we will discuss this situation in the weekly updates. I will update the analysis on Mondays and have a profitable day.
3 ENTRY ON DIFFRENT LEVEL*-Technical Analysis 📈
break from high CH = move to 16.60$
*Trade (Buy) 📊
13.877$
*-Stop Loss 🔴
3 level
*-Take Profit 🎯
14.70$ - 16.60$
*-Risk Management 🚧
3-5%
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
#INJ#INJ
According to HTF chart (M, 6M) I highlighted important support level, for continuation of the uptrend until 21.53$, at around 14.4 - 13.4$
As long as the coin above it, there is the chance to go higher and make a new ATH (1.)
Breaking below “monthly support” level, or 13.415$ will drop the coin until 10 - 9$, where the coin may find the support (2.)
Currently, important to look at Weekly close. I think there will be correction until 14.4 - 13.4$ on Lower Time Frames.
If the coin manages to close with the D candle above resistance or 16.764$, in this case it will continue its uptrend without correction until 20 - 21.53$
INJ/USD Short setupGood morning to all Folks out there!
It has been a great week for Alt-coins so far and I am hopeful a-lot of you would have made good gains so far.
For anyone doubting the gains, I already spoke about Alt-coins rally in my previous idea and was pretty bullish on Alt-coins with BTCDOM getting rejected on a Major level.
INJ or Inject have been a gainer and have gained more than a 100% in the past few days.
I was expecting the move towards upside, However as it approaches this important level and faces resistance, I believe INJ is headed for a correction back to the support zones marked in the chart.
Trade Idea:
INJ/USD = Short
Entry point: CMP
TP1: 15.5
TP2: 13.8
TP3: 13.4
SL:17.8
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Inj/usdt Don't Be So BullishGet ready for an exhilarating adventure in the crypto world! 🤑 I'm expecting INJ/USDT to soar to $18, or it might even aim for the stars at $1,850! 🚀🌕
But, here's the twist: After that exciting climb, there's a chance INJ/USDT might take a breather and come back down to $15. 😓
Always remember, investing in crypto is an adventure. Keep your eyes wide open 👀 and do thorough research 📚 before making any financial decisions. This isn't financial advice, but it's your compass in the crypto jungle! 🌴💰
Happy trading, brave crypto explorers! 📈💎"
Reversal Pattern, Double Top might be appearedOn week chart,
Very impressed for Injective recently with nearly 1,500% from $1,1 now BINANCE:INJUSDT is trading at $17,22x
Injective has ATH around $25 this level is Resistance for this bullish. Besides, some signals for reversing such as
- ADX is moving up to 60
- RSI overbought and can be divergence for next HH
- Volume is weaken
Time will tell
INJ tends to riseFrom where I entered "START" on the chart, the INJ climbing structure has started. The structure is a diametrical (or symmetrical). On our chart, there is a large liquidity pool, which I have shown with the symbol $$$.
If we have a diametrical (diametric corrective branches are 7), there will be only one G wave, which by removing the liquidity pool and hitting the specified supply, the upward structure can be finished and inj will enter the corrective phase.
This is just an idea and you should do the necessary checks to get a position and then enter the position with capital management and stop setting.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
INJ/USDT Technical Analysis OverviewINJ/USDT Price Outlook:
INJ has already seen massive gains during this bear market, doing a 10x before the start of the new bull run.
It just broke out of a bullish pennant pattern, signaling a continuation of the uptrend per the technical chart.
The initial price target is around $20.
I'd expect a minor retracement back to ~$9 first to retest the former resistance level.
This would provide a solid buy zone right before the next leg up.
With the bullish pennant breakout, if INJ holds support above $9, the technical analysis points to strong upside potential against USDT.
I anticipate a 30% increase in INJ.Hello everyone! Today let's take a look at Injective.
Currently, the price is at a local bottom, and when it reaches this level, it tends to bounce back up.
Another factor supporting the price is the EMA 200, which has just reached the support zone around $6.6. This suggests that a breakout below this level and further price drop are unlikely, except for a possible false breakout.
Additionally, we can see a descending trend line on the chart, which acts as resistance for price growth.
I believe that we can expect a rise in the asset's value in the near future, potentially up to the 0.618 Fib level at $8.49. Considering that the price is moving within a sideways trading channel, it could even reach the upper boundary around $9.5.
This is not financial advice, and everything you do is at your own risk.
Medium- or long-term trade #6 for Injective INJ priceIt seems to us that the price chart of INJUSDT shows a continuation of "the Cup and Handle" trend pattern.
Accordingly, the following conditions for medium- or long-term trading are valid and applicable:
Enter = 6,56
Stop = 6,19 ( - 5.6%)
TP = 11,34 ( + 72.9%)
P/L ratio = 12.9
We allocate $10,000 for this trade
In the event of a mistake, we will lose $564
If the trade will success, we will receive a profit of $7287
What do you think about this trade, and what is your vision? Write about it in the comments!
Why INJBTC Is a Top Buy Option Right NowINJBTC is currently one of the most robust BTC pairs, making it a prime candidate for a "buy option." Our analysis strongly supports a long position, with compelling reasons for expecting an ongoing uptrend.
This optimism stems from INJ's consistent adherence to the uptrend trendline, complemented by a clearly discernible pattern of higher highs and higher lows on the daily timeframe. These factors affirm the validity of the uptrend.
The recent rebound from the uptrend trendline is precisely the kind of price action we've been eagerly awaiting. We even offer instruction on this strategy for those interested.
INJ/USDT Ready for Bullish Momentum? INJ Analysis🚀 💎Yello Paradisers! Let’s dive deep into INJ! It’s evident that it’s maneuvering above a trading channel and is about to explode.
💎 A meticulous examination reveals a transition from demand to supply in INJUSDT, leading to a significant decline in price, touching the channel support.
💎 Rebounding from this support, the asset is rekindling its bullish momentum, targeting the surpassing of the supply zone. Fascinatingly, a breach of channel resistance could catapult us to the Extreme OB level.
💎 It’s also imperative to acknowledge that a breach below the 6.40 level could likely prompt a retest of the bullish OB level.
💎 Employ wise trading tactics and implement stringent stop-loss protocols
💎 Keep your senses tuned to market fluctuations and stay poised for more insights!