INJUSDT: Bears in ControlINJUSDT printed a series of Lower Highs and Lower Lows. INJUSDT also printed Bearish Candlestick patterns that suggest further downward run.
INJUSDT
INJ/USDT Break Alert! Keep an eye on the support area.💎 INJ has recently undergone significant market dynamics, notably breaking the support trendline of the bearish flag pattern.
💎 This break may lead to a retesting phase, potentially driving the price downwards towards the support area around $25.3, reminiscent of the previous all-time high (ATH) level.
💎 For traders seeking a buying opportunity, waiting for the price to reach the support area or the weekly order block (OB) between $19.3 and $14.6 could be advantageous.
💎 These zones may act as strong support levels, potentially leading to a significant bounce in the price. Such a bounce could pave the way for a subsequent move towards the strong resistance area after another retest.
💎 However, if INJ fails to exhibit significant bullish momentum upon reaching the weekly OB and instead shows signs of consolidation with weakening volume, it could signal a bearish scenario.
💎A confirmed breakdown below the OB might indicate a shift in market sentiment towards bearishness, potentially resulting in a sustained downward movement.
Quick Bitcoin Update Hey Traders,
As posted in last video , you can see Bitcoin have made low of the same support zone we have mentioned in our analysis.
Now what to do?
Checkout this quick update
Seem history is repeating | Long BiasWeek Chart
Last consolidation phase lasting 182 days before happened a breakout
and this everything seem is repeating
INJ has supported by ascending trend line, wait for rejection to join for next bullish
INJ/USDT retesting key Support bullish ride| 👀🚀INJ analysis💎 Paradisers, #INJUSDT pair, which is currently retracing and retesting a critical support level at $34.69. This level holds significant importance, and its ability to transition from a retest to a firm support could signal a potential bullish move.
💎 After successfully breaking out of a descending channel, $INJECTIVE is now poised to challenge the resistance at $41.46. A favorable retest followed by sustained strength at this level might pave the way for a bullish surge. The next target lies at an initial resistance of $47.26, with further aspirations to breach even higher barriers.
💎 However, should the price of #INJ dip below this pivotal zone, it’s crucial to adapt our strategy. We anticipate a bullish rebound from the secondary support level at $32.07. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate market fluctuations.
INJUSDTINJUSDT on 4H
breakout of descent, price bouncing off previous resistance, new dynamic support.
Target - 43.25, 48.37, 57.96
INJUSDTorderbook scalp again
looks ready to send basically
big bids being moved up on inj and btc
eth sell wall removed
and theres a massive sell all the way up at 41 for inj
its saturday and the last day of the month so a late monthly sweep and reversal makes some sense to chop the market out...
very similar trade setup to solana yesterday
INJ ANALYSIS🔮 #INJ Analysis 💰💰
🌟🚀 As we can see that #INJ is trading in a Falling Channel Pattern in 1hr time frame. Currently #INJ is trading above its major support area. Broken out of falling channel could lead to a bullish rally📈📈
🔖Current Price --- $37.96
🎯Target Price -----$43.11
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #INJ . 🚀💸
#INJ #Cryptocurrency #DYOR
🟢 INJ Trade Plan: Recovery Entry Strategy 📈🚀🎯 Entry Point:
Consider entering the trade between $37.80 and $38.80, ensuring confirmation of support turnaround.
🎯 Take Profit:
Target profit at $44.50 or $52.00, aiming for significant resistance levels.
🛑 Stop Loss:
Implement a stop loss at $34.00 to mitigate potential losses in case of a reversal.
📉📈 Note: Monitor price action closely for confirmation and adjust the strategy according to market dynamics. #INJ #TradingStrategy #RecoveryEntry 🟢📊
Inj clean chartInj has very clean chart. It has taken upside liquidity that i have marked as x and then it did clear bos. Now main liquidity is below where i marked poi. This poi is goofd for long opening.
INJ - Holding strong in support and expected to bounce backAs you can see in the chart, this is the 4th time INJ is bouncing back from support and showing a bullish sentiment. We can this trend to continue and the next target for INJ is around $70
Entry level: $ 28-32
Stop loss level $ 23
Target 1: $39
Target 2: $45
Target 3: $ 59
Target 4: $ 69
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
INJUSDTINJUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
INJ Bull Run Started or Not ?In my point of view INJ has two scenarios at the current market price. That is it can be the 3rd wave or the flat correction of 2nd wave. More likely to be a 3rd wave let's see
INJ pullback soon INJ over 900% without corrections. I think soon we will see health pullback BINANCE:INJUSDT
Possible Targets and explanation idea
➡️Market Mood indicator we are at Sep 2021 level sentiment. Late longs will be liquidated
➡️0.5 - 0.62 lvls fib can be a fix profit zone before correction
➡️Inside this zone we got liquidity stop losses from September 2021
➡️Based Money power indicator whales start take a profit
➡️Healthy correction can be even to 5-6$ My previous idea 2.5 Monthly fvg probably invalidated for this current moment but will be like a main zone for next bear market
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
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INJ/USDT Gearing up for a Bullish Momentum Again? 👀INJ Analysis💎Heads up, Paradisers! #INJUSDT is on the brink of a bullish turnaround from a crucial support level at $30.12. If CRYPTOCAP:INJ maintains its momentum here, there's a high chance for a bullish journey, given the price's historical reverence for this support, marking it as a stronghold after respecting it three times.
💎However, if the upward trajectory of #INJ falters and dips below $30.12, we'll turn our attention to a lower demand zone at $16.62, where ample liquidity promises a potential rebound.
💎Vigilance is paramount: a breach below this secondary support could spell further declines as market sentiment leans toward a sell-off. Stay alert, traders, as we navigate the shifting currents of the #Injective market.
INJ BREAKOUT TO $70 Clean breakout of range
Lots of development coming to Injective Chain
Easy momentum ride up
INJ new bullish patternINJ / USDT
So far one of strongest coins in this bull cycle
INJ is still forming HH and HL and printed ascending triangle
In short term above ted resistance is strong bullish
Best of wishes
INJ Rally continues, is 60 Dollars next??INJ has been on the Bull cycle since December 2022.
Currently on a daily TF we just completed a correction cycle, swept the liquidity lows, and now back at my initial INJ Long Price, where I'm taking Buy or long orders.
Based on the chart, correction started on the 20th Dec 2023, ever since then we have been moving choopy, somewhat side ways, then based on the counter or wave counter for a cycle, we can see that WXY correction completed at around $31 and the price moved back-up above $34 which is where my entry for my long or buy orders is at, and im targeting $60 from here and above.
Overall trend or cycle is bullish, refer to weekly TF as well as it suggests that INJ above $19 is bullish unless we break below this price then sentiment changes , but otherwise INJ is one of those tokens im looking for to moon atleast 10X.
What you think? or what are your thoughts on this?
INJ analysis (4H)It seems that we have a symmetrical in the 4-hour time frame, which we are now in the last wave (i).
By maintaining the green range, it can move towards the targets
Closing a daily candle below the invalidation level will violate the analysis
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 Breakout and Retest Successfully done!!!The purpose of this setup is to provide an analysis that suggests if the current market conditions are bullish or bearish, potential entry and exit points, and to identify key levels of support and resistance that might influence future price movements. It is important for the community to know that such technical analysis is based on historical data and patterns, and it does not guarantee future price movements. All investments and trades come with risk, and one should only trade with money they can afford to lose.
Now we move to the analysis. What are my considered parameters for this trade?
Price Action: The setup shows the priceaction of Injective in a Daily TF. There has been a recent uptrend as indicated by the price being above the 50 EMA line, which is the green curved line on the chart.
Fibonacci Retracement Levels: The chart shows a clear bounce off the 0.618 level from the recent dump, which could be seen as a potential support level and which confirms as well the Fibonacci setup that we have for this Trade.
Bullish Pennant Pattern: The purple lines show an ascending trendline as support trendline and a descending trendline as a resistance trendline. These two formed a perfect Bullish Pennant Pattern, from where the price broke and retested recently with the recent dump that we had in the market.
All these points speak for a long trade here taking no more than a 200% TPR to reduce risk and not be greedy as well.
I will keep posting follow ups and updates on this trade. Good Luck
Bullish PerspectiveINJ is currently trading above its key support level of $38. If the price manages to break through the 0 Fibonacci zone, it is expected to initiate a strong upward trend aiming for the $60 target. Furthermore, the Ichimoku Cloud analysis also strongly supports this bullish perspective, indicating a high probability of achieving positive price forecasts for INJ.
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#INJUSDT LONG#INJ
The price has been moving in a cup pattern since mid-December
Now the model is completed well
It is expected that the price will continue to rise
with the support of Moving Average 100
Current price 38.77
The first goal is 41.42
The second goal is 43.90
Third goal 48.46
Injective Protocol completed a setup for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol.
Recently we caught almost 50% pump of INJ as below:
Now on 4-hr time frame, INJ with Bitcoin pair has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
