Get started

INJUSDT

INJUSDT at daily support, likely to head to 6.99-7.06Here is a long trade idea for INJUSDT. The price is currently trading around daily support. I think the price is likely to move towards the 4h resistance 4HR1 sitting around 6.99-7.06. It is also possible that the pullback from the push upward towards the daily resistance DR1 is almost over and we may see further move up beyond that resistance. But let us stick to this long trade and target 4HR1 zone as the target of this trade.
Long
by angela_altair
2
#INJ back to 3$? INJ had a very strong support level at 7.6$ where it couldn't manage to stay above, breaking below, leads the coin towards to M FVG at 5.6$ as a magnet Where either the coin will bounce to retest the resistance line at 6.66$ which currently tries to be a support. And we will see a bear reaction, in this case coin may drop lower to 3$ (n.1) Or after the bounce from M FVG #INJ will bounce and break through 6.66$ level to continue ascending move towards to 7.6 - 8.6$ (n.2)
Short
by vazitrades
INJUSDT's Bullish Potential: Awaiting the Decisive Breakout💎 Today, we're turning our focus to the #INJUSDT chart, where a distinct bounce from the Fibonacci support has caught our eye. If you glance at the chart, you'll notice the 427.2% Fibonacci level was decisively repelled on August 23. This bounce catalyzed a brief rally, propelling the price towards the 227.2% Fibonacci resistance, which coincidentally aligns with the significant $8.00 mark. 💎 Interestingly, this Fibonacci resistance dovetails with the Volume Profile resistance, marking it as a pivotal juncture for #INJ. Currently, the price is oscillating between these support and resistance thresholds. A decisive breakout, either upwards or downwards, is essential to forecast the next phase of price movement. 💎 On a side note, we've observed an upward breach of the descending channel, lending further weight to a potential bullish trajectory. However, it's a precarious time for bullish traders. The optimal strategy might be to bide time, awaiting a surge past the $8.00 barrier and the descending trendline. A clear breach of these markers would underscore the bullish momentum. Until then, our primary task is to vigilantly track any breakout, regardless of its direction.
Long
by MyCryptoParadise
INJUSDT at daily support, long favorable as bounce is likelyHere is a long trade idea for INJUSDT. The price has hit the daily support. This support I believe will hold for a while at least and provide some bounce favoring a long trade. The price has currently bouncing from the top of the support zone. However, its possible that the price will tap further into that zone. I will allocate some size here and some later when the price dips into that zone deeper. There are two resistances on the way up which are relevant for this trade. One is hourly resistance HR1 and another one is 4h resistance 4HR1. I think hourly will resist the price but will give the way for the price to move up to the 4h resistance after a bit of struggle there. Therefore, some profit booking at that hourly resistance is recommended. And if everything goes as planned then the price should hit 4h resistance 4HR1 and in turn concluding our long trade idea. Lets see how it goes.
Long
by angela_altair
SasanSeifi 💁‍♂️INJ👉1D🔻 6.50$ / 5.50$Hey there! In the daily timeframe, as you can see, the trend fluctuates within the price range of $5 and $10. ▫️ Currently, it's trading around the $7.20 price range. The expectation we can have is for the price to continue towards the price range of $6.50 and the support zone of $5.50 with a corrective trend. To better understand the continuation of the upward trend, it's important to observe how the price reacts to the support levels during this correction. Otherwise, if the price manages to break above the resistance level of $8 and establishes itself, we might witness further growth towards the $9 price range. For now, the trend appears to be corrective.📊 🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️✨ ❎ (DYOR)...⚠️⚜️ Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Short
by SasanSeifi
INJUSDT short ideaThe price has broken down the daily support and moved downward. The daily support acted as a support for a while and provided a couple of bounces with the second bounce being smaller than the current one. This was an early sign for the breakdown but we were not observant enough to notice that. However, both were good for quick long trade although not upto the target. Now since, it has broken the daily support, I expect it to head towards the next daily support which is marked at DS1 around 6.96-7.15. The price still has chance to come back up to the broken daily support level but I consider it as a gone case if 4h candle already closes below as that reduces the probability drastically of the price claiming the support back. Therefore, I think from probabbility perspective, the price is likely to visit DS1 daily support insinuating short trades being favorable on bounces. This is a short trade idea. The price has broken is likely to retrace down to daily support DS1. The price still may bounce towards 4h resistance and allows to add some size there.
Short
by angela_altair
2