INJUSDT 1DBig bull Flag formation on daily #INJ chart. Ready for the new ATH?
#INJ has broken the MA50 and is moving above the Ichimoku cloud. So it can break the Flag any time. Keep an eye on it. My targets are on the chart.
INJUSDT trade ideas
INJ Possible Bullish Flag BreakoutINJ Possible Bullish Flag Breakout.
After breakout and retest I will Enter Long.
Let's wait first for breakout
Injective - One To Watch for 2024BINANCE:INJUSDT - Injective has a supply of 100M tokens, running mainnet on Cosmos stack and is burning tokens based on fee/revenue generated. Stakers receive 15% on average for bonding their tokens to validators on the chain. Basics seem strong and market performance support these movements.
After recent slow down in markets, some of the current winners are consolidating again. Similar to my BINANCE:SOLUSDT idea from a few weeks back, i believe we will see continuation in certain coins. Here is a break down and we will update this idea as we go along.
Continued strength among other top performers like BINANCE:SOLUSDT BINANCE:SEIUSDT & BINANCE:TIAUSDT - BINANCE:INJUSDT is primed to gain more market share and attention.
8H and 4H showing possible signals (yellow circle) crossing EMA on RSI for entry of a long trade.
possible targets are at 1.618 and 2 of Fib extension and seem fairly reasonable.
Trade idea in INJ BINANCE:INJUSDT
👋 Hey there! Ready to dive into the trading game? I'm your go-to Technical Analyst for some cool trade observations and trading wisdom. Just a heads up, my recommendations are all about learning and watching – no pressure to jump in. Let's break down those charts and turn them into some savvy trading know-how. Ready for a laid-back but enlightening journey through the markets? Let's do it! 📈✨
INJUSDTLevel - 33.7
Looks long
We stayed at the level, accumulated, now I’m looking forward to reaching the goals of 35.04 - 35.78
INJ LongI will show you my prediction for INJ. On the long run INJ will outperform and will potentially reach the price of 43-44-45 $
INJ/USDT We are now in a Bullish Crypto Market. 📈🎯INJ/USDT 🪙
We are now in a Bullish Crypto Market. 📈🎯
So Dips/Corrections should be bought. ⚡✅
CRYPTOCAP:INJ has Support levels at $29 and $24, which are good areas to place your Buy Orders. 🎯🚀
INJ - shorting it one more timeHi, again oppened big short at INJ. Its good opportunity right now. If we go up Im adding even more short and I will hold till 25$.
INJ Quick FlushAlready in a swing short position from 36.950.
Was Targeting 25.
Added some limits here above 33.500
Expecting a flush from here towards 25 at least.
Risk is already minimized because of initial entry higher.
Clean breaking 34 and I'll be out.
Note: Not a Financial Advice.
Longer the Base, Higher in SpaceINJ forming a nice base above prior ATHs. Tightening up with volume declining. Getting very quiet on the right side of this base, which is exactly what the bulls want to see.
Similar to SEI, think that has the potential for a fifth wave, "blow off the top" kind of move.
ALTCOININJ cryptocurrency, the price is approaching a strong order block, the stoploss is set to a minimum amount, the target is high, but FVG at the price of 32.6 may push the price down
WILL INJECTIVE RETEST KEY SUPPORT?As you know from reading this newsletter, Injective was a leader in the altcoin rally, making a fresh new all time high before any other major coin. This is one of my largest holdings, still, even after selling some over the past few weeks. It has never come back down to test the previous all time high as support, at $25.31. I have NO IDEA if it is going to make it back down, or if support will hold if it does… but that is an area that I have bids to add a bit more to my position. A retest of a previous all time high as support is a great technical entry.
INJ will have a drop aheadinj has momentum weakness and has recently accumulated two cash pools and has a high chance of dropping.
A liquidity pool can be seen at the bottom of the chart, and below this liquidity pool is the LSH (long shadow) range, which is a good indicator.
I specified the targets on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
INJ/USDTAfter two weeks of consolidating its time to accumulate at this level. If it goes 28.50 levels add some more.
INJ Long Idea
Case - 1 "When the price closes outside of the box, it triggers a retest entry."
Case -2 "When the INJ shifts to a bullish trend, you can enter with another entry."
Case - 3 "If the price closes below the box, all cases become invalid."
INJ - shorting it carefullyHi guys, hope you are doing fine. Im shorting INJ from 40$ now. Im in profit and I belive we will visit 30$ soon. This is the only coin in the market that made 2000% this year. Its crazy needs to be corrected. Of course we need to be careful here because it still can be very manipulated and go to 60$. Anyway Im in short with profit as mentioned before. Waiting for BTC more dump and I will be closing my positions. Regards!
INJECTIVE|The beginning of the BEARISH trend?Hello guys, I hope you are doing well. Have you seen Bitcoin? I hope you have used it.
Let's check the ING currency, the four-hour time is inside a trending range, it has tried several times to stabilize higher ceilings, but was unsuccessful, now it has fallen again when it reaches the four-hour supply area and has entered the form of a descending channel.
It is registering lower highs and lower lows, on the other hand, Bitcoin has fallen, which is not without effect.
Currently, the four-hour demand area has stopped ING from falling, if this area is broken down, the selling pressure will increase and it can easily fall to the $29 and $19 targets.
Pay attention to the demand area (32.20-33.80), by breaking this area, look for selling positions.
Inj long?!Some trader think inj broke her long patterns,but I think it reach her qm level...I'm not sure about this,and I long it with 1% risck
$INJUSDT: New highs can trigger a weekly trend signalWatch out for this one, together with Celestia, Injective is seen as a viable candidate for farming airdrops while staking at certain validators...
Relative strength has been insane since the market bottomed, even before it was clear the long term bull market in crypto was on-going, this has been trending up and beating Bitcoin's performance since.
Best of luck!
Cheers,
Ivan Labrie.
INJ preps explosionINJ is having another possible 40 day consolidation phase before blast off round 2 here. I expect this to play out for the most part with an upside that is very hard to predict since we are in price discovery. I am hoping we break at least 56-60$ on this next leg up but the consolidation could take longer. Given that the sp500 seems to not care about how messed up our economy is we just might see these predictions early Q2 maybe even late Q1.
short INJINJ broke through the support level. Bearish movement is expected to continue and reach a support level at $Z28.7
