INJUSD trade ideas
$INJ- HYPEYou are either doing 2 things with $Injective right now..
1. taking profit from your investment if you got in as low as $2-7
2.Staking on some Defi protocols and position yourself for future airdrop rewards on new project being onboarded on Injective eco-system.
Don't just buy & hold your bag, make them earn you more money
Don't just buy and hold your bag, don't be greedy, take your profit. Rotate those profits and spread it to other potential assets.. (Dont ask which one..go through my ideas,i have been dropping them)
INJUSD Two sell signals for low risk profits.Injective (INJUSD) is rising aggressively within a 1-year Channel Up, currently on its 2nd Bullish Leg of the pattern, supported by both a Higher Lows (dashed) trend-line and the 1D MA50 (blue trend-line).
We expect it to peak on the Channel's top (Higher Highs trend-line) where we will short it, targeting 30.000. If however it breaks below the Higher Lows trend-line earlier, we will sell the break-out and target a potential contact with the 1D MA200 (orange trend-line) at 16.000.
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#injusd 1w Looks amazing in price discovery.Daily bullish pennant(purple) target is around 37,82 but weekly PRZ would probably be around 44,84 which would be a perfect place for shorts finally taking control. Because yellow symmetric triangle target will be complete at the same time with probable 1st wave inside of 3rd wave major count.
Injective (INJ) Integral 350% Increase from October to December
In 2023, INJ has seen an impressive 2000% growth, with a significant 350% increase from October to December. It recently reached a new all-time high of $33.4, and the buying momentum doesn't seem to be waning.
Maintaining the upward trajectory of Injective is key at the moment. Despite never having breached the $32.1-$33.4 resistance zone before, buyers might aim for new levels at $35 and $38, assuming BTC stabilizes above $42,000.
Any correction in INJ is likely to correlate with BTC's potential downturn. If BTC starts a downward trend, Injective could revisit its support zones at $28.5-$29.8, $26.6, and $23.6-$25.
INJUSD Has bottomed and is targeting 33.000Injective is on very stable technicals on the 1D timeframe (RSI = 61.927, MACD = 0.959, ADX = 21.734) as it resumed the rise, keeping clear of the 1D MA50, which remains the Support since since September 29th.
The 1D RSI shows that the market is replicating the early 2023 price action on a fractal which after reclaiming the 1D MA50, it rallied to the 1.5 Fibonacci extension. We therefore turn bullish again, aiming at the 1.5 Fib (TP = 33.000).
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INJ possible set-upINJ has been holding up strongly. 16.4 needs to hold in order to continue the positive trend and reach 18. A break of the the 100 SMA would break the trend and bring the price down to 15.3 or 14.1.
$INJ, downside and upside targets Looking to enter this trade on a final retest of support at $6.44 and then exit up in the $18-19 range.
INJ and Total Market Cap = GO TIME. LT3Inj is ready to go man. Now is time to get in where you fit in….
INJ Injective Levels & Lines to Keep An Eye OnIt's funny, i sometimes get some flack for the simplicity (and admittedly ugliness) of my charts. But the truth is, the KISS mentality works especially well in crypto, and with sensible reason behind it. If a trend or support/resistance level is clear to you as a human, you can be sure there are tons of bots playing off it as well.
Anyways, CRYPTOCAP:INJ has had an amazing run up in the past couple months, and many people who are long or holding should REALLY be thinking about getting out, or at least tasking some profit.
Look at it's all time MARKET CAP, not price. imgur.com Also compare its current market cap to other metrics like FDV and TVL, and you'll see we need a pullback soon. But when?
Hopefully this chart can help you make that decision by following along as price plays out.
The Yellow lines are the big picture fib retrace. Will post a zoomed out view in the comments below
INJUSD: Giant Cup and Handle targeting 16.50 before correctionInjective crossed over the 6 month Resistance turned overbought on the 1D timeframe but is still balanced on the 1W (RSI = 68.170, MACD = 0.883, ADX = 23.993), which is where we should be looking at as this is a bullish breakout on the higher timeframes. Technically this can keep rising until the 1W RSI hits well within the 80.000 level. We use this breakout buy signal to target the R1 level (TP = 16.500). This is potentially a giant Cup and Handle pattern that can even go as high as the R2 level (25.500) before pilling back. After that, it will turn into a buy opportunity again when it hits the 1W MA50.
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INJ - Stubborn Wave 4
My primary count in the daily timeframe still holds, but blue wave 4 is insisting in taking forever to wrap up (5 months already).
We already have the conditions to consider that a regular flat is finished, and the last leg down gave us RSI divergence.
Target for Wave 5 is $10
INJUSD Short-term buy opportunityInjective (INJUSD) is on the 2nd straight green 1D candle, following a rebound for the 1D RSI exactly on the 30.00 oversold barrier. With the 1D MACD close to forming a Bullish Cross, this is a short-term buy opportunity. The previous such rebound below the 1D MA50 (blue trend-line) was on the May 12 bottom and it made a rise just below the 0.618 Fibonacci retracement level. As a result, we take this opportunity to long and target 8.7000.
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INJ potential hidden bullish divergenceDaily hidden bullish divergences are no joke. I see this potentially playing out in the next week. I think we drop to 7$ zone and stay there for couple days before going up rather quickly.
Keeping an eye on #INJ/USDT resistance zone in 4-Hour TF!Keeping an eye on #INJ/USDT resistance zone in 4-Hour TF!
We can open Short on retest again. Expecting $6-$7 in coming days.
INJ - Aiming $10
Blue wave 5 is well on its way, as shown in my previous post. First target is $10.
In the 4H timerame, I´m considering we´re currently in green wave IV correction. The correction could be over, but I usually like to see at least a 38.2% pullback to have a bigger confidence in continuation trades.
[UPDATE INJ] Nothing to say...below 5$ is game over. I will start buying it at1.5$ in Q4 2023.
Now are are at mid range..
Will increase my short position if we see any short squeeze around 7 - 7.5$ (if).
Bye.
INJ - Bullish Wave CountI´m currently using a bullish primary count for INJ. Unless invalidated, we should have another push to the upside, with targets above $10.00.
Break of the purple line invalidates this count.
Price action is still not favorable to consider the upside has begun, so I´m not taking any trades yet.
✴️ Injective | Stronger Than Most AltcoinsI know it is pretty obvious but Injective (INJUSD) is doing much better than most of the Altcoins.
First, many pairs completed their initial bullish wave right back in January, some continued to move through February but that is about it for the majority of Altcoins. Looking at INJUSD, we can see that it grew all the way through April.
Another variation in the pattern is the correction. After hitting a low in May is has been consolidating up. The chart looks pretty good and overall supports additional growth, with a long-term strength bias.
The 12-May low can be a good support level if one is looking to trade. The rest is up.
Namaste.
INJUSD Channel Up continuation, buy opportunity.INJUSD maintains the Channel Up pattern that started on the January 1st bottom.
The MA100 (1d) has been its clear Support since January 21st.
Trading Plan:
1. Buy on the current market price.
2. Sell if it breaks under the MA50 (1d).
Targets:
1. 14.95000 (Resistance 2).
2. 5.0000 (expected contact with the MA200 1d).
Tips:
1. The RSI (1d) is trading inside a Triangle. If it hits its top before the price reaches 14.9500, then close the buy regardless. Use the Triangle's tops and bottoms to your advantage for sell / buy entries.
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INJ Cup & Handle ☕️Looks pretty textbook, something to keep an eye on over the next few days. A lot resting on ETH & BTC next steps.
why not?The form of the ascent that occurred is the ascent of three waves and ended the ascent with the Sea Leading Daegonol wave
Note 1:There is a previous analysis of mine regarding the currency, but it is one of the few analyzes that did not succeed because I rushed to identify the wave and it did not finish its temporary rise
Note 2: The analysis fails to close up 10 usdt
