Alikze → INJ | Making a return patternAccording to the previous analysis, it continued to grow after leaving the density to the supply area. Currently, after a correction in the support zone, it seems to be building a reversal pattern. If it maintains the green box range and 34.40 again, it can retest the supply zone once again. In the long term, D1 is completing wave 4 of correction. Due to the complexities of this wave, one should wait for the supply range to be broken, which will have the ability to grow up to $71, which should be examined in its own time, and currently up to When this correction is not completed, you should expect the continuation of the route after the supply zone of the major ceiling. However, with the touch of the first supply area with the support of $37.5, it will have the ability to grow to the next supply area.
Note: If the green box area breaks down, it will experience a triple correction to the lower green box area.
🟩Sup:The green box area is 34.40
⛳️Tp 1:38.35 - 39
⛳️ Tp2 :43.80
⛳️ Tp3 :46.90
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INJUSDT trade ideas
$INJ Price Forecast: On the Cusp of a Breakout Towards $55 🚀💰Injective ( CRYPTOCAP:INJ ) investors brace for potential gains as the price inches closer to a breakout, currently hovering around $43. With a short-term target set at $51 and a tantalizing possibility of reaching $55 shortly, excitement mounts within the crypto community.
The prolonged consolidation period of over two months seems to be nearing its end, with CRYPTOCAP:INJ displaying promising signs of upward momentum. Patient investors may soon reap the rewards of their steadfastness, with the potential for double-digit gains on the horizon.
After encountering formidable resistance within the $31.09 to $43.40 range, marked by three distinctive lower highs, CRYPTOCAP:INJ appears poised to overcome these barriers. A recent surge in buying activity catapulted the price above the declining resistance trend line on February 27, resulting in a notable 13% rally. Even amidst a liquidation event on March 5, CRYPTOCAP:INJ successfully retested this resistance-turned-support level, solidifying its newfound bullish momentum.
Currently, CRYPTOCAP:INJ finds itself on the cusp of breaking through the range high of $43.40, signaling the potential for a breakout. With Bitcoin consolidating, altcoins like CRYPTOCAP:INJ may seize the opportunity to surge ahead. A breakout could propel CRYPTOCAP:INJ to $51, representing a significant 17% gain. As this target aligns closely with the psychological $50 mark, bullish sentiment is further bolstered.
Should buying pressure persist, the path to $55 opens up, offering the tantalizing prospect of a 28% increase in value. However, vigilance remains crucial, as a close below $34.15 could invalidate the bullish outlook, potentially leading to a retest of the range low at $31.09, marking a 9% decline.
In summary, as CRYPTOCAP:INJ inches towards a potential breakout, investors eagerly anticipate the fulfillment of bullish forecasts. With targets set at $51 and $55, the trajectory of CRYPTOCAP:INJ promises lucrative opportunities for those positioned strategically in the market.
INJ: Leaving the rangeAnother super simple setup. Trend > consolidate > trend
I think this range has F'd enough bulls and bears allready. The market is overall very bullish and I I don't have much reasons for not being spot long on inj.
Multiple similar setups already printing (like rndr, fil)
NFA. Have fun
INJUSDT Poised at All-Time High: Breakout or Breakdown LoomsINJUSDT is on the verge of a critical juncture, approaching its all-time high of $43.35 on the daily chart. The price has been consolidating recently, attempting to break above this resistance level four times.
Technical Analysis:
Resistance: $43.35 (All-Time High)
Support: $32.23
Relative Strength Index (RSI): Supported at 50
Volume: Increasing volume coincides with attempts to break resistance
Key Observations:
INJUSDT is facing a significant hurdle at its all-time high. A breakout above this level could signal further upward momentum.
The price has been consolidating recently, suggesting a potential period of indecision before the next directional move.
The RSI remains at a neutral level (around 50), offering no clear directional bias.
Increasing volume during the recent price attempts at the resistance level indicates strong buying pressure, potentially aiding a breakout.
If the price fails to break above resistance, it could find support at $32.23.
Conclusion:
The upcoming move for INJUSDT hinges on its ability to overcome the all-time high resistance level. A successful breakout could lead to further gains, while a rejection might trigger a pullback towards the $32.23 support level.
This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
🚀 INJ: Trend Continuation and Price Discovery! 📈💹
📊 Analysis:
Positive Momentum: INJ is exhibiting positive momentum with trend continuation to the upside.
Resistance to Support: Turning resistances into support, indicating a strong bullish trend.
Entry Strategy: Look for confirmation as price turns resistance into support for adding to or initiating an INJ position.
Profit Targets: Potential profits at $70 or $100.
Stop Loss: Initially set under support at $30, subject to adjustment based on trend continuation.
🌐 Note: Continue monitoring INJ's price action for confirmation and potential adjustments.
Injusdt new ATHHi guys I hope you are doing well
I found a gem Injective which it's chart is great for new bull run
First run happened but second run is going to happen soon you can see price brokeout of zone then a dip retest and now prepares to fly
Tp is 59 but I think it can go further
Sl below green daily candle
Let's see
Ekil
INJUSDT Elliott Waves (Local Setup)Hello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 40 - 44 - 47
after first target reached move ur stop in breakeven
Stop: under 29 (depending of ur risk).
RR: 1 to 3.5
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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Open to any questions and suggestions
INJ/USDT Ready for its Next Bullish Move? 👀🚀INJ Analysis 💎 Paradisers, let's focus on #INJUSDT, as the current trend is hinting at the possibility of a significant bullish rebound from its essential support zone.
💎 Examining #Injective's recent market trends, we notice a steady 32% drop after encountering resistance at a key supply level. However, resilience around the support level of $34.94 is evident, indicating the potential for an upward shift.
💎 Despite current hurdles in setting new highs or breaking past previous peaks, leading to a short-term bearish outlook, the $34.94 mark is critical for #INJ. This level could be the catalyst for a strong bullish surge upon retesting.
💎 As strategic traders, we're always ready with an alternative approach. If #INJ doesn't maintain its stance at the support and declines further, we're looking towards a bullish recovery starting from a lower support level at $31.6. However, be aware that falling below this additional support level might imply extended bearish trends.
💎 Stay versatile in your strategies and focused on the charts, Paradisers. Your ParadiseTeam is vigilantly observing the markets, poised to offer guidance through these shifts.
INJ/USDT Eyeing a Bullish Turn from Key Support Zone?🚀INJECTIVE💎 Paradisers, get set for an exciting trading prospect with #INJUSDT, perfectly positioned at a vital support area, hinting at an imminent bullish turn.
💎 Exploring the #INJECTIVE trajectory, we find it climbing from a critical support level of $33.98. With the price maintaining its current drive, there's a strong likelihood of initiating a bullish journey. The first milestone to watch is the resistance at $37.13, with a breach potentially propelling the price towards $41.76.
💎 If the drive behind #INJ starts to wane, anticipate a bullish resurgence from the robust demand level at $32.45. A fall beneath this point, however, might signal a significant shift to bearish territory.
Long Entry on INJUSDTOn the 15min chart, we currently have a shift in market structure to the upside; annotated by the "X-labelled trend line. At the moment, I can see a possible long entry in the ash-shaded rectangle with my entry at the top of the rectangle, my stop-loss at the bottom of the rectangle and my take-profit at the current high, having a risk-to-reward ratio of 1:2.5 .
$INJ* Bull flag (bullish continuation) formation is completed. Retested and bounced. Ready to fly.
* x3 leverage.
1HR:
Bullish trend strength: 24
ADX > 25
MA7 > MA25 > MA99
Supertrend is long
Price > Kijun Sen > Kumo
Chikou Span > Price
Kijun Sen acting as support
4HR:
Bullish trend strength: 19
MA50 > MA100 > MA200
Chikou Span > Price
Recent Chikou Span / Price Bullish Cross
MA100 acting as support
MACD > 0
Bearish reversal potential: 5
StochRSI Overbought
Bearish Kumo Breakout
1D:
Bullish trend strength: 16
MA7 > MA25 > MA99
MA50 > MA100 > MA200
Supertrend is long
Chikou Span > Price
Bearish reversal potential: 3
MACD Bearish Cross