Get started

INJ / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

INJUSDT trade ideas

#INJ: Breaking Out of the Descending Channel -Our Trade RationalWe've decided to enter a trade on #INJ/USDT after observing several compelling technical signals that indicate a potential breakout. Here’s a detailed explanation of our decision: 1. Descending Channel Breakout: After a prolonged downtrend confined within a descending channel, INJ has recently broken above the upper trendline of this channel. This breakout suggests a reversal in the trend and the start of a bullish phase. 2. Volume Confirmation: The breakout is accompanied by an increase in trading volume, which adds validity to the move. Higher volume during a breakout is a strong indicator that the new trend could sustain. 3. Bullish Candlestick Pattern: The chart shows a series of bullish candlesticks forming right after the breakout, reinforcing the bullish sentiment. 4. RSI Signal: The Relative Strength Index (RSI) is trending upwards but is not yet in the overbought territory. This suggests that there is still room for further price appreciation. 5. Risk-Reward Ratio: Our entry point at $28.05 is well-positioned, with a stop loss set at $26.53 to manage downside risk. The target price is $40.04, providing an attractive risk-reward ratio for this trade. In conclusion, the technical indicators and the positive breakout pattern present a promising opportunity in INJ. With a well-defined risk management strategy, this trade aligns with our overall trading plan. Let's see how this plays out! ___ ⚠️All trade ideas are published with a time delay. If you want to follow the trade in real time, please follow the link to our open copy trading account on Binance. 👉Our account with open trading, and all our other resources at this link: linktr. ee/In_Trade_MLN
Long
by S_CAPITAL
INJ we've probably seen the bottomWe are currently looking at futures trade with members on certain coins, as well as dca zones. INJ has covered the weekly and monthly levels behind it at the price of $24. We waited for the news to see how buyers would react. Now that we have confirmation, we get the courage to go long on this coin. In this case, INJ must hold $28 until the 200 DMA is at $31. If in this case we see a consolidation and not a big sale, my advice is to go long this coin at the bottom of that consolidation. For example, catch up to $27 and put a stop loss below just in case
Long
by learnfromfailure
Injective Weekly AnalysisInjective (INJ) has been the biggest gainer of the week with a robust increase of 20.43%. After reaching an all-time high (ATH) of $53.01, INJ experienced a significant sell-off, filling the Fair Value Gap (FVG) on the daily timeframe and touching a low of $18.70 before quickly bouncing back. Currently, INJ is trading within a range of $21.54 to $29, facing multiple rejections around the $29 mark. Despite these rejections, INJ is showing a slight bullish trend, forming higher highs and lower lows. If INJ manages to break out of this range, it could potentially surge to the next resistance level at $34. On both daily and weekly timeframes, moving averages strongly indicate a bullish signal, while oscillators remain neutral. Fundamentally, INJ is a strong asset to include in a portfolio. It is advisable to consider buying INJ during price dips to take advantage of potential discounts.
by Mudrex
12
INJUSDT → Interested buyer. Ready to rise to 43.0?BINANCE:INJUSDT looks stronger than bitcoin and the crypto market. Against the background of the general decline, the coin is growing and this is a rather strong premise. The price may return to the range of 29.0 - 43.0. On D1, a pre-breakout setup is forming regarding the 29.2-29.45 area. If the price can consolidate above this area, then further traders will open bullish potential, the target of which could be a rise towards resistance (intra-range movement). The coin looks green in the red market and it means that someone is interested in it (big player). On the overall negative fundamental background there is a risk that the coin will go down, but for now I am looking out for further upside. *The long scenario will be broken if the price closes below yesterday's opening. Resistance levels: 33.62, 43.4 Support levels: 29.21, 29.85 The potential is there. It can be realized if the bulls hold the defense above the key support area. Regards R. Linda!
Long
by RLinda
6
Trade Signal for INJUSDT - Sell OpportunityAttention, traders! We have identified a promising trade setup for the INJUSDT pair. Here are the details of the signal: Direction: Sell Enter Price: 27.9 Take Profit: 25.45666667 Stop Loss: 30.66666667 Based on our analysis using the EASY Quantum Ai strategy, we anticipate a downward movement for the following reasons: 1. Technical Indicators: The relative strength index (RSI) is showing overbought conditions, suggesting reversal potential. Also, moving average convergence divergence (MACD) indicates bearish momentum. 2. Price Action: Recent candlestick patterns, such as a bearish engulfing, reinforce the likelihood of a decline. 3. Market Sentiment: Current trading volumes are declining, a common precursor to downward price corrections. Please ensure your risk management practices are in place and adjust your position sizes accordingly. Always trade within your means. Stay tuned for further updates and happy trading!
Short
by ForexRobotEasy
Trade Signal Alert for INJUSDT**Direction:** Buy **Enter Price:** 27.81 **Take Profit:** 29.20666667 **Stop Loss:** 26.51666667 Attention traders! Based on the latest analysis using our proprietary strategy EASY Quantum Ai, we have identified a potential buying opportunity for INJUSDT. **Why Buy?** 1. **Trend Analysis:** INJUSDT has been showing a consistent uptrend, confirming strong bullish momentum. Historical data indicates stable growth patterns with minimal disruptive dips. 2. **Support and Resistance Levels:** The current entry price of 27.81 is close to a significant support level, providing a secure entry point. Conversely, our take profit target of 29.20666667 aligns with recent resistance levels, offering an optimistic yet realistic exit. 3. **Volume and Volatility:** Recent trading volumes have surged, reflecting increased market interest and higher liquidity. This surge is often a precursor to substantial price movements. Moreover, volatility indicators suggest favorable conditions for capturing profits within our specified range. **Risk Management:** Setting a stop loss at 26.51666667 is crucial for minimizing potential downsides. This level is strategically placed just below the identified support zone, ensuring that minor price retracements won't prematurely trigger the stop loss. Execute your trades wisely and stay updated for any further signals or market adjustments. Happy trading!
Long
by ForexRobotEasy
3
INJ/USDT assessing key supply area? Bullish breakout ahaedYello Paradisers! Are you ready for an exciting opportunity with #INJUSDT? Let's dive into our analysis of this promising move. 💎We're seeing #INJUSDT assessing a key supply area, raising the high probability of a bullish breakout. #INJECTIVE has been following a descending resistance trajectory for a long time. Recently, after breaking above the descending trendline, the price is now testing the key supply area at $30.38. Interestingly, the price has respected this level twice, and this time we observe a weak rejection, followed by a restoration of momentum toward the upside. Here are two possible scenarios: 💎Bullish Breakout:If #INJ successfully breaks above the key supply area and sustains momentum over the EMA 200, there's a great probability the price can rise to higher resistance levels. 💎Bullish Rebound: If the price fails to break above the supply area and hold momentum, we expect a bullish rebound from the lower demand zone. Thanks to the juicy liquidity at this level, the price could plan a probable bullish move once it taps this level. However, breaking below the demand zone would cause bullish invalidation, leading to a significant price drop. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
INJECTIVE Head and Shoulders Just a quick trade set up that could be a good LONG to take. Price looks to have printed an inverse Head and Shoulders which looks like a bullish reversal. Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted. Using a price forecast that is a mirrored copy of the move down I think that if BTC behaves we should see something similar with incremental take profit points on the way up. Clear invalidation is a clean break below the head of the Head and Shoulders pattern.
by ProR35