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
INJUSDT trade ideas
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.
Alikze → INJ | Support range $34In time H4, after supporting in the green box range and escaping from the corner pattern, it managed to rise to the first supply area. If it stabilizes above the 34.35 range and the candlestick confirms the return, it will be able to continue the path to the next supply range. Otherwise, it will correct up to the limit of the OB.
🟩Sup: 34.35$
⛳️Tp 35.94
⛳️ Tp2 :38.28~39
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Sincerely.❤️
INJ Breakout above bull flag.CRYPTOCAP:INJ BULL FLAG CAN BREAKOUT ABOVE 37$ HERE! 🚀
My targets for the breakout are 50$ and 66$.📈
$INJ LongCRYPTOCAP:INJ is showing great strength on the daily chart , in the video you guys can see all the important ranges the price is testing or might visit in the future. do great due diligence when trading trading in future and manage your risks carefully. DYOR
📊#INJ will rise according to an ascending triangle📈🧠We have been trading sideways here for a long time, and eventually the price was gradually compressed to form an ascending triangle. It has now broken through the inflection point, so the possibility of choosing to continue to break upward has increased significantly. We look forward to the next pump.🙏🚀🌕
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INJ/USDT READY FOR A BIGGEST PUMP!! TARGET WILL BE $200Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this INJ/USDT Trade setup.
INJECTIVE PROTOCOL (INJ) looks super bullish here. Breaks out from the bull flag in the daily time frame. Buy some here and accumulate more in the dip. Expecting a great 400-500% pump in the upcoming bull run.
Entry range:- $35-$38
Target1:- $76
Target2:- $112
Target3:- $160
Target4:- $216
Invalidation:- Daily close below $32
What do you think about this? Let me know in the comment section.
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Thank You!
INJ wedge updateI published this chart recently before the breakout attempt on the weekly. INJ has been consolidating within a range for several weeks and was looking like it wanted to break out. We had a full reset of the stochastic RSI and volume. I think expansion from here will be bullish and we will continue price discovery. Another test of 41$ is needed, it should break this time since the chart looks bullish every way I look at it and BTC is above 50k.
