INJ USDT Looking Bearish if break the channelINJ USDT looing bearish if broke the channel which is mentioned in the chart, i suggest to place the Stoplimit sell order to go with the trend
INJUPUSDT trade ideas
Bullish Divergence RSIMonday 24:th of June INJ printed Bullish Divergence on RSI, comfirmed same day. Piossible trend-reversal.
INJ Most Disappointed one in a million I really upset about INJ because it couldn't be able to pick its performance.
If we are in the last phase I expect INJ to go up around 32 without any accumulation.
$INJIf it rejected then we can go for short position.
We need confirmation on it but my priority is rejected/short
INJ Short planINJ Short Plan:
INJ has broken the trend line on the higher time frame (HTF) and is currently retesting. The chart looks very clear. You can take a short position with a tight stop-loss (SL).
INJUSDT # 001 ( BEARISH phase and last upward move !!! ) Hello dear traders.
Good days .
On monthly Gann square , after broken Final Gann Arc resistance , INJUSDT start crazy Bullish rally as 3rd Elliot wave .
It reach to the hard resistance Gann Fan and strongly rejected and start bearish phase .
After Ending daily Bearish Gann Square it expected to move upward of the Final Elliot wave .
bearish Gann Square will updated
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments
INJUSDT 3DBuy #INJ at its support levels. It is moving within a descending channel on the 3-day time frame. The EMA200 acts as strong support alongside other support levels. In case of a breakout, the targets are:
$25.85
$31.44
$35.56
$39.68
$45.54
$53.00
Support levels are:
$21.28
$18.46 (EMA200)
$16.93
INJUSDT: Thorough Analysis and Trade Setup.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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- Charts supported by critical fundamentals
Now, let’s dive into this chart analysis:
According to our previous analysis on INJ, we successfully hit our short-term and major targets ranging between $29.069 to $30.512. The long-term targets are still the same as mentioned previously.
Current scenario:
The price action is constrained within a descending channel, highlighted by two parallel black lines. This channel has guided the price movement downward, indicating a bearish trend over the past few months.
At present, INJ needs to break above the $28.062 and $30.512 resistance levels, which could signal the beginning of a new bullish trend. The best accumulation zone around $16.708 to $18.437 offers a strategic entry point for long-term investors.
Entry Range 1: $20 to CMP.
Entry Range 2: $16.708 to $18.437.
Targets:
- T1: $28.247
- T2: $30.512
- T3: $38.703
- T4: $50.578
- T5: $70.007
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#PEACE
INJUSD 1WINJ ~ 1W
#INJ It seems very interesting to pay attention to the COINBASE:INJUSD Chart.
This will be a sustainable rise provided BITSTAMP:BTCUSD does not make a downward maneuver.
INJ Gears Up For $24.50 Injective Protocol bounced amazingly at its local bottom yesterday. Since hitting $20, INJ is on fire and delivers a strong performance.
But it is getting better: INJ printed a #bullish EMA crossover on the 4H chart. This signal further underpins the uptrend and should fuel INJ's run toward the next resistance at the 24.5 - 25 level.
Although the backtests do not perfectly support gains of 7-9%, the chart definitely supports them.
Currently, INJ is trading in a mini bull flag, and I expect a breakout and test of the 24.5 level within 24 hours.
--
Please visit my profile for more free trade strategies.
Inj 4h chart analysis Inj 4h chart analysis
immediate target is 25.90 as per trendline broken upward
cheers and follow for more
INJ/USDT 1WI think the bitcoin capitulation is over, so I would start layering bids in the yellow zone and hope you're filled.
The demand block in blue has been tapped, so don't expect to revisit it. Play a stop loss below it, if you wish.
I can see this going back to 35$ plus, but I'd take the win at 25$ when it arrives because the market looks one way, and then flips in an instant.
Compound small wins.
Woo I believe that woo is displaying strong bullish behavior, with the potential to retrace back to a higher timeframe FVG. Therefore, I have taken a long position.
Retest on past resistence can give you 75% on $INJThis is the 4th time the price rebounds on the 200 EMA (green) on 3 days time frame as indicated by the blue arrows
If you are more conservative, wait for a support over the pink traced line, that is the all-time-high around the 25.00 usd
The target will be the last reset of VWAP (Volume Weighted Average Price), quarter weighted, around 38.60 usd (orange traced line)
$INJ setup for 50% gain on next days, 3D timeframeCRYPTOCAP:INJ setup for 50% gain on next days, 3D timeframe:
We are on 3D timeframe here. Blue arrows number '1' and '2', were bottom pivots on Hodlfire Indicator (copyrighted) right over the Exponential Moving Average 200 (3D 200EMA) line (green), and we just got a 3rd, right over the 200EMA again (the last blue panel under late price movements)
So, as we are pivotting the bottom here, we expect next target on the last reset of VWAP line (orange line) at 38.60 usd, bringing over 50%
There was a first and second confirmation of trend, (1.) the support on all-time-high of the last cicle (pink line) and (2.) break of diagonal blue trendline; if you want to wait for another confirmation, the 3rd, just wait suport over the black VWAP quarter line around 27.00 usd
Another run is coming soon - New ATH for INJ ?#INJ/USDT #Analysis
Description
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+ INJ has reached its critical support zone, and the price is currently bouncing back from it, presenting a good opportunity for a long trade.
+ I'm entering a long trade here with the stop-loss (SL) set below the support zone.
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VectorAlgo Trade Details
------------------------------
Entry Price: 21.4
Stop Loss: 13.4
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Target 1: 24.16
Target 2: 28.95
Target 3: 33.11
Target 4: 44.81
Target 5: 53.00
------------------------------
Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Inj weekly chart analysis Inj weekly chart analysis
best time to buy back last chance looking first target ti 28.50 $
cheers like and support my idea
✴️ Injective | Multiple Signals: Technical Analysis 101This is something already of the past but still good for learning.
Good evening my fellow Cryptocurrency trader, how are you feeling today?
Please allow me a few minutes of your time to entertain you.
You know, each time, each phase, each period, on each cycle... there are always many signals that we can use to our favor, in whatever way we need.
These signals and tools are many and varied, are always right and they always work. Only our own interpretation can fail at times.
The data is always right.
The next market move is always there, present, visible on the chart; What we conclude on the other hand, belief or say can be anything. Our interpretation can vary. The data will always remain the same, before and after the event.
The chart speaks, it has things to say.
Injective hit a peak 11-November 2023.
A higher high hit 24-December, same year, more than 135% higher.
There was also a peak in July and if we compare this one to November we have about 95% growth between the former and the latter.
When you consider the latest "higher high," the new ATH hit 14-March 2024, we can see that it is only a little over 15% higher compared to Decembers high and this after months of consolidation.
Immediately after the new high is hit we also get a rejection and the action moves back below Decembers peak price.
I am sharing this to say that here we have a technical double top and/or a bearish signal within a bullish phase/trend.
We can couple this with volume and other signals as well such as the duration and size of the rise to support what we are seeing but this should be enough for this learning article.
This information just helped us define a strong resistance zone.
"Sell at resistance, buy at support."
Not that Injective is guaranteed to go down or up or move in a certain way, no! Instead, the chart is showing some bearish potential supported by many signals and this can be used by those who read, those who write and those who trade.
If additional information is needed one can always zoom out and use the weekly timeframe and see the ATH and bearish weekly session. Market correlation with other pairs can also be useful.
We've been tracking this one for a while now... The chart hasn't change in months.
Once we are done going down, we will resume back up.
We can have a period of a few weeks or months of correction followed by a long-term bull-market growth.
Thank you for reading.
Namaste.
Injective Protocol — Bearish Ichimoku Signal — 10% PotentialIf you follow my content, you will already know I am a big fan of the Ichimoku signal. It usually provides high-quality trade setups based on its multi-timeframe assessment.
In terms of INJ the signal flashed a bearish entry, calculating a potential of almost 10%. Backtests are positive; however, since they are relatively rare signals, they only rely on two occurrences. Therefore, the backtests shouldn't be overrated.
Trend indicators show a strong bearish trend. On the other side, it is important to pay close attention to the momentum indicators since they already signal an oversold status.
Additionally, since the latest candle could be interpreted as bullish, it might be worth waiting for the current candle to close.
Inj The breakout from the mini bearish trend suggests it's time for me to go long and take profits at appropriate levels
Long signal for INJ/USDTThis technical analysis is based on the daily chart of BINANCE:INJUSDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels.
Price Channel Analysis:
The previous bearish channel is broken out, and a bullish channel is formed.
The suggested entry point is around 23.95 USDT.
Entry and Exit Points:
Entry: 23.95 USDT
Take Profit: 36.18 USDT (51.03%)
Stop Loss: 20.56 USDT (14.13%)
R/R Ratio: 3.61
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 3.61, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
Symmetric triangle? More downside aheadINJ has been trading in this symmetric triangle for weeks now and it seems it recently did a stop hunt above only to get pushed back inside the triangle which is not good. IF this triangle is going to play out we could see price downtrending for another -30% coming weeks. Not interested in longs until we reach ~20$.
Stay safe!
INJ TradeBased on the bullish divergence in inj, I am considering a long position at the current level for a quick profit.
