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INJ / TetherUS

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INJUSDT trade ideas

INJ - 1M - $20 / $25 Target (80%)INJ is one of the strong performers these days when the rest of the crypto market colors red. Always check multiple time frames to get a better perspective of what a long term trend will be. Don’t panic when price corrects a little bit and keep your focus on the long term horizon. On the weekly and montly graph a clear cup and handle pattern is visible and after it completes, it is very likely that the price breaks out and makes an massive increase. In this case the price can increase up to $20-$25. This is a profit of 70-80% from current price. These are psychologically price levels were most people will take profits. Good luck with your trades.
Long
by Soul_Investments
I anticipate a 30% increase in INJ.Hello everyone! Today let's take a look at Injective. Currently, the price is at a local bottom, and when it reaches this level, it tends to bounce back up. Another factor supporting the price is the EMA 200, which has just reached the support zone around $6.6. This suggests that a breakout below this level and further price drop are unlikely, except for a possible false breakout. Additionally, we can see a descending trend line on the chart, which acts as resistance for price growth. I believe that we can expect a rise in the asset's value in the near future, potentially up to the 0.618 Fib level at $8.49. Considering that the price is moving within a sideways trading channel, it could even reach the upper boundary around $9.5. This is not financial advice, and everything you do is at your own risk.
Long
by neverovv
Medium- or long-term trade #6 for Injective INJ priceIt seems to us that the price chart of INJUSDT shows a continuation of "the Cup and Handle" trend pattern. Accordingly, the following conditions for medium- or long-term trading are valid and applicable: Enter = 6,56 Stop = 6,19 ( - 5.6%) TP = 11,34 ( + 72.9%) P/L ratio = 12.9 We allocate $10,000 for this trade In the event of a mistake, we will lose $564 If the trade will success, we will receive a profit of $7287 What do you think about this trade, and what is your vision? Write about it in the comments!
Long
by P_S_trade
23
INJ/USDT Ready for Bullish Momentum? INJ Analysis🚀 💎Yello Paradisers! Let’s dive deep into INJ! It’s evident that it’s maneuvering above a trading channel and is about to explode. 💎 A meticulous examination reveals a transition from demand to supply in INJUSDT, leading to a significant decline in price, touching the channel support. 💎 Rebounding from this support, the asset is rekindling its bullish momentum, targeting the surpassing of the supply zone. Fascinatingly, a breach of channel resistance could catapult us to the Extreme OB level. 💎 It’s also imperative to acknowledge that a breach below the 6.40 level could likely prompt a retest of the bullish OB level. 💎 Employ wise trading tactics and implement stringent stop-loss protocols 💎 Keep your senses tuned to market fluctuations and stay poised for more insights!
Long
by MyCryptoParadise_Simon
1
INJ/USDT bullish rally? 👀 🚀 INJ Today analysis💎 Paradisers, turn your attention to INJUSDT! We've observed its steadfast position, holding a pivotal support level and gearing up for a potential bullish ascent. 💎 Historically, INJ has navigated beneath a pronounced descending trendline, which has consistently posed as a formidable resistance. However, a recent shift saw it breaking free from this trendline, briefly touching the resistance at the 8.071 mark. 💎 Currently, as it revisits its support, we're bullish about its chances to challenge the 8.071 resistance once more. Should it surpass this level, the path to a higher resistance tier becomes plausible. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
Long
by MyCryptoParadise_Simon