$INJ time for a reversal !CRYPTOCAP:INJ is time for a reversal after a shake-out.
looks ready to go higher if BTC behaves.
INJUSDT trade ideas
INJ CLEAN STRUCTURE, THEN?Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
INJ CLEAN STRUCTURE, THEN? 📚
👉 As we can see price got stuck inside this huge consolidation phase or rangy market from a medium-term perspective, Rejecting our upper bound same as the lower bound as well.
Then what? 📚
👉As we knew that price might again hold our price around our upper bound, we will be looking for new shorts or any bearish reversal setup on lower time frame, Unless OfCourse price managed to be breaking above our upper bound then a movement higher would be expected
Meanwhile, if the price managed to be rejecting our upper bound, and traded lower again, we will be looking for new longs around our lower bound of this rangy market. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
INJ will be touch $157 in long termin weekly and monthly timeframe inj in a massive impulsive waves.
after price goes higher than $45.3 which is buy side liquidity, i'm waiting for a good corrective wave and after that we might see $60 to $80.
in my opinion after touching this number we might see a massive drop to $15.1 ~ $11.58, which is a great buying opportunity for long run to finished the 5th wave to $157.
i will update chart in daily and 4h timeframe.
NFA
Fluctuation - INJBTC broke through 52000 at the beginning of this week and is standing above 57000. If you use the TSB indicator and open a long position, your profits will be further amplified.
Although BTC and ETH are rising, some tokens that led the market in the early period, such as SOL and INJ, continue to fluctuate and have not started a new rise. The token this time is INJ, let’s take a look at its current situation.
INJ is the token of blockchain Injective. Injective was originally a derivatives exchange, and later built a dedicated chain based on Cosmos-SDK. This gave great inspiration for the subsequent transformation of large exchanges such as BLUR and DYDX into chains. But what made INJ stand out in the early period of the bull market was its unique on-chain transaction fee auction system ----INJ2.0 model. The token supply is reduced through the monthly repurchase-auction mechanism. Token holders can use INJ tokens to bid for transaction fees, and then destroy the INJ obtained from the auction. Currently, 5.84m INJ have been destroyed, which puts the INJ token into a deflationary state.
Back to indicators. INJ has almost maintained fluctuations in a range in the past two months. This is in line with the application scenario of the KDMM indicator. We have marked several clearer opening points with green and red vertical lines. Currently, INJ is in the high value area of the KDMM indicator, and there is an obvious upward pin-bar on the previous candle. If bearish momentum can build, it will be an appropriate position to open a short position to capture pullback gains.
In addition, during the use of the KDMM indicator, we can see weak and strong signals. These are not trading signals, but signals that prompt subsequent potential volatility changes. Just like what we marked with rectangle. After weak occurs, it is thought that the volatility of subsequent price will most likely decrease, while strong does the opposite. You can use this information to plan the details of the trading ahead of time.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
🚧INJUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:INJUSDT
✅Today, I want to analyze INJ for you in a 3D time frame so that we can have a MID-term view of INJUSDT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
Injective Protocol may see significant price increase like previous pattern🤔
If a breakout repeats, estimate 60%+ price gain.
❗ Note that if the Flag is broken down with the power of descending candles, our analysis will fail.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Bullish Flag
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
INJUSDTINJUSDT looks like is about to give the clean breakout of long term consolidation. And now the market is retesting the broken level. sellers seems to be exhausted.
if this breakout holds the next upside targets will be 45 followed by 50
INJ - Bullish Momentum Persists 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 INJ has been overall bullish , trading above the red trendline.
Currently, INJ is hovering around the trendline acting as a non-horizontal support.
Moreover, the 30.0 marked in green is a strong support zone.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and red trendline.
📚 As per my trading style:
As #INJ is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📈 In parallel, for the bulls to take over medium-term and start the next impulse movement that will lead to the 50.0 round number, a break above the last major high in red at 40.0 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
is accumulation done for INJ? is it ready to fly!●INJ is in accumulation zone on weekly timeframe.
●Once INJ get the Weekly candle body closing above the $40.58 that is when it will fly for $80.
●IF INJ started to dump then consider it a deviation before a huge pump.
●During a dump $29 & $26 Will be the best buying levels.
INJ setting up for a runINJ is once again contracting into a wedge on a reset stochastic RSI. Volume and volatility are down. With the recent massive inflows into DEXs I believe whales have something up their sleeve. Is ETH about to run here? I stand by a breakout soon to test 44$ again.
Long term Trade idea in INJ Here we provide various technical POVs to various charts according to the Trade which we see in.
Currently we have a LONG term Trade Idea in INJ BINANCE:INJUSDT
$INJ BULL FLAG CRYPTOCAP:INJ bull flag continuation HOPIUM.
Could pull a SOL like move to 1xx$
29-31$ support, we don't want to loose that level. MUST HOLD LEVEL.
39$ resistance.
Injective Holding the RangeINJ has managed to sustain this range for some time - suggesting a major move incoming.
[$INJ] Short incomingNo need to talk too much, here is my set up. Feel free to check it out.
you can take it to up there and drop or wait for the magic moment.
Enjoy
✴️ Injective - A 3,948% Bullish Wave In 544 DaysInjective definitely surprised me... This was a project that I was not aware of, so I missed the entire wave.
I am a fan of catching the bottom, low prices... "Near support."
I am not a fan of shorting, down waves or corrections, this is for experts only because there are many disadvantages for going SHORT compared to going LONG. But I use logic to approach these charts.
Whenever I see too much growth going for to long I become suspicious. Suspicious might not be the best word, more like "cautious", yes, I become cautious because the markets are unpredictable, you can never know what is going on behind the scene, you can never predict when a ~4,000% bullish wave will transform into a 5,000% bullish wave... Because it is so hard to guess when the situation is right to a see pair grow after it has grown so much, I forget about the disadvantages of the bears and I go SHORT.
Trading volume peaked January 2023. Based on Elliot Wave Theory, this would be the peak also of wave three.
The ensuing action from September 2023 through January 2024 would be wave five and the volume confirms so. From April through Sept. '23 that's wave four.
After the fifth wave comes a major correction.
Trading volume has been dropping for more than a year...
Thanks a lot for your continued support.
Namaste.
Injective- Drop to 20?BINANCE:INJUSDT is another token that has received a lot of hype this year, but, similar to LCX's situation, all this hype hasn't led to a price increase.
If we look at the chart, we can see that after breaking above the important $10 resistance level, the price sharply rose by 400%.
However, after initially surpassing $40, INJ entered a consolidation phase.
Upon examining the weekly chart, it becomes evident that rallies above $40 were met with selling pressure.
Additionally, yesterday, following a new attempt to exceed $40, the price experienced a significant drop. In my view, these are all signs of a potential reversal.
Technically, as previously mentioned, the $40 zone acts as a strong resistance while $30 serves as a clearly defined support level.
A breach below this support could drive the price down to the next support level at $25. However, given the prolonged distribution around the $40 peak, I wouldn't be surprised to see Injective fall to $20 in the long run.
(INJ LONG)I Think it could go up around 50$YOU SHOULD GUYS BUY Because whale are entering soon because of new team are joinig them
INJ: Price ActionIn the latest 4-hour chart, INJ is navigating a crucial phase, with its price delicately poised at $37.04. The Bollinger Bands are showing a moderate range with the price flirting close to the lower band at $33.05, hinting at potential support if bearish pressure continues. However, the recent price action staying above this level suggests resilience in market sentiment.
The MACD indicates a narrow margin between the MACD line (0.79) and the signal line (0.84), with a histogram almost at equilibrium, which typically signifies a market at a crossroads awaiting direction. While the slight downtick in the last day's change reflects a brief retreat, the RSI at 51.93 remains in neutral territory — neither overbought nor oversold — providing no immediate trend bias.
Volume has maintained a steady flow at 327K, indicating active participation at current price levels. Traders should be vigilant for any shifts in volume, which could signal a strengthening conviction behind price movements. The close proximity of the current price to both potential support and resistance levels paints a picture of a market in balance, yet teetering on the edge of its next significant move.
INJ/USDT LongHello,
We see that INJ/USDT has moved in accordance with the Fib Retracement levels in the channel it has been in since January 10. I expect the mini correction that started with the RSI rising above 70 to end in the Fib 0.5 region.
In other words, I predict that INJ/USDT pair will find support at $36.20 levels, continue its rally and reach around $41.
Cheers,
INJUSDT 1H TF Bullish (DOW Consecutive HHs and HLs)INJUSDT instrument shows continuation of DOW consecutive HHs and HLs. Price made a 1H Div and retraced to FIB 0.786% level. Trade plan consist of SL @ previous HL, Entry @ CMP and TP1 and TP2 @ 1:1 and 1:2. What do you think, will it work?
INJ BULLISH BREAKOUT!!!INJ trading pair is exhibiting a compelling technical pattern known as a symmetrical triangle, suggesting a period of consolidation and indecision in the market. As of the present moment, there are strong indications of a breakout from this pattern, potentially signaling a significant shift in market sentiment. It's important to emphasize that while the pattern suggests a bullish move, nothing in trading is guaranteed, and it's essential for investors to conduct their own thorough research (DYOR) before considering any investment decisions.
A symmetrical triangle typically forms when the market experiences a series of lower highs and higher lows, indicating a tightening range and uncertainty among traders regarding the direction of the asset's price. However, as the price approaches the apex of the triangle, there is often a breakout, characterized by a sudden surge in trading volume and price movement in one direction.
In this case, if the breakout from the symmetrical triangle pattern materializes as anticipated, there is the potential for a notable bullish move ranging between 20-40% in the short term. Such a move could be driven by renewed investor interest, positive market sentiment, or fundamental developments surrounding the asset.
Nevertheless, it's crucial to exercise caution and not rely solely on technical patterns for trading decisions. Factors such as market conditions, macroeconomic trends, regulatory changes, and unexpected news events can all influence price movements and should be carefully considered.
As always, this analysis does not constitute financial advice, and investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Risk management strategies, including setting stop-loss orders and diversifying one's portfolio, are also essential components of responsible trading practices.
