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INJBTC trade ideas

Injective Protocol (INJ) After Strong Bullish ActionLet me start by saying that we don't ever, ever trade this type of chart... We only look at charts for trading that are very low risk and BEFORE the bullish action starts. Here we have INJBTC (Injective Protocol) after really strong bullish action. Right now resistance is being faced at the 1.618 Fib. Extension level marked with a red dashed-line. Above this level, we can see additional up (green arrow). Below this level, we can see a retrace before prices continue to grow. This project looks really good. Additional details on the chart (support and resistance levels mapped with Fibs.). Remember to hit LIKE! Namaste.
by AlanSantana
INJBTC is trying to have a new breakout 🦐INJBTC is trying to have a new breakout from descending channel after a very nice bullrun. The price bounced on 0.618 Fibonacci level. IF the price will have a breakout and turn the resistance into support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
INJ/BTC (New Trendline Resistance)💎Technical Analysis Summary💎 BINANCE: INJBTC -A new trendline resistance is found rejecting the price -INJ is now pulling back to its previous swing support zone -If we can see a bounce reaction, a chance to challenge the 5600s sat again -But it will likely to form a triangle pattern -The best option to enter this trade is to wait for the breakout direction -Because you don't want to be caught in the wrong direction in this pattern A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
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