🚨Update #INJ/USDT:Remember #INJ? What a ride. Another bullish market structure was formed on the daily timeframe.
INJUSDT trade ideas
#INJUSDT #LQR #TOBTC #LaqiraProtocolThe price has reached an important resistance area. We expect to react in this area after confirmation you can open a position this analysis is a personal view and is not an offer to buy or sell
INJ heating back up, reversing RSIINJ is one of my top altcoin holdings, I plan to hold this until the next clear bullrun. I started adding to the position during the wedge formation in green. We have a clear RSI reversal on the token here with a newly forming multi-week uptrend of support (light blue). I added a red horizontal line for the sake of the idea that needs to be maintained for uptrend.
Injective rewarding early adopters Injective's decentralized asset management protocol @BlackPanther_Fi just launched its liquidity bootstrapping event to reward early participants
INJUSDT likely to head to daily resistance again around 7.93.The price has been rejected from daily resistance DR1 twice. Upon hitting the next support 4HS1, it has bounced. I think this support will provice the necessary bounce for a long trade and the price will aim for the daily resistance DR1 again. The price has already bounced so we should wait for it to pullback again to start building the position. The target of this long trade should be 7.93.
#INJ/USDT breaks the Diagonal trend line in 4-Hour TF!#INJ/USDT breaks the Diagonal trend line in 4-Hour TF!
CRYPTOCAP:INJ needs to clear this zone to gain the bullish momentum. Wait for BO of this zone to long #INJUSDT
PDL $7.56 is a local support level.
Strong buy!!!INJ/usdt 7.458 price strong support line,last weekly candle is HAMMER.I think that INJ is skyrocket.Good luck everyone.TP 9.5
INJ target 9.752h time frame
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INJ is creating a triangle structure, this pattern could be regarded as continuation structure of previous wave from $6.36 to $8.05. Triangle bottom(~$7.2) is also the 0.5 Fibonacci Retracement, which is not that better but available so far. If INJ go back to $7.2, we can set up a trading plan.
TP: 9.75
SL: 6.78
Also, there is a higher target at $14.3 as our big time frame analysis on INJ, refer to following link.
INJUSDT at 4h resistance, likely to revisit 7.30The price has hit the 4h resistance 4HR1 and it is already experiencing a pullback. It is likely that the price will visit 4h support 4HS1. Therefore, a short trade is favorable from 4h resistance 4HR1. The price has already been pushed down from that resistance, therefore, we will add the position slowly as the price will move up towards the resistance again.
inj longlots a volume being trade to keep inj above certain levels ,we can most likely see a continuation up
INJUSDTBased on the given data, the INJ/USDT pair currently trades at 7.535 USDT. The 4-hour chart shows a Relative Strength Index (RSI) of 61.98, suggesting the market is leaning towards overbought conditions. The Moving Average Convergence Divergence (MACD), which is slightly negative, indicates a bearish momentum.
However, the Bollinger Bands (BB) at 7.376 suggest potential for upward movement. The immediate support levels are at 7.224, 7.013, and 6.857 USDT, while resistance is at 7.664, 7.921, and 8.060 USDT.
On the 1-day chart, the RSI is 52.96, indicating a fairly balanced market. The positive MACD suggests bullish momentum. The BB is at 7.453, slightly below the current price, hinting at a potential upward trend. The support levels are at 7.211, 6.845, and 6.805 USDT, while resistance is at 7.921, 8.074, and 8.302 USDT.
The 7-day chart shows an RSI of 55.97, again indicating a balanced market. The MACD is positive, suggesting a bullish momentum. The BB is at 7.492, slightly below the current price, hinting at a potential upward trend. The support levels are at 6.374, 5.420, and 4.564 USDT, while resistance is at 8.112, 10.176, and 14.140 USDT.
In conclusion, there are mixed signals in the market. The 4-hour chart indicates a potential for a downtrend, while the 1-day and 7-day charts suggest a bullish momentum. It's recommended to keep an eye on the market and adjust your strategy accordingly. Always consider other market factors and news before making any trading decisions.
INJINJ currently in consolidation mode
If you want to take a take a long term trade, then my recommendation is to wait for break out from one of the boxes you can see on the chart
I believe that the coin will show its strength once BTC finds its bottom and starts to pumping.
On lower TF you can try to take scalp shorts and longs, but if we see that the coin closes with 4H + candle at around 6.6$, in this case we can expect the dump towards to 5.36$ where the coin has Monthly FVG (L.1)
On that level you can buy the coin on Spot or Longe it.
But is the coin will go up towards to level 8.5$ in this case important to see D close above 8.5$ - it will open the way to upper levels. (L.2)
INJUSDT heading to daily support at 7.10-7.13 before a bounceThe price is heading southward. The next support is the daily support DS1. This support is sitting around 7.10-7.13. It is likely that the price will hit this zone on this drop. There is a weekly support sitting below this daily support 6.91-7.03. There is a possibility that the price may hit that before a bounce but I think daily support will provide some bounce favoring a long trade. If it hits WS1, the bounce will be larger and a better long opportunity.
INJUSDT at hourly resistance, expecting a pullback to 7.35-7.36The price fell down below the 4h support but bounced strongly from 7.27 zone. Now the price is at hourly resistance and I expect a pullback here. This pullback may extend till 7.35-7.36 area. Therefore, a short trade is favorable here with a target to 7.35-7.36.
INJ | LONG - Elliot Impulse WaveINJ is a coin with a lot of potential, moveing on its own while BTC is having trouble to reclain 30k.
Right now i can see a Eliot Impulse Wave to the 5th and final wave.
Based on the fib levels we could see a price of $8.260 (~6.60% gain)
The stoploss is taight but if you use low leverage you can place the stoploss below the golden ratio
#INJ/USDT is testing the Diagonal Trendline in 4-Hour TF!#INJ/USDT is testing the Diagonal Trendline in 4-Hour TF!
CRYPTOCAP:INJ needs to hold the Trendline to gain bullish momentum. Wait for Change of Character (CHoCH) to Long it.
#INJUSDT is holding PWL $7.2 as a support. Wait for Support breakdown to short it.
INJUSDT Elliott Wave and Bull Flag Perspective1. INJ Takes Center Stage
For the past week, INJ has been at the forefront of our attention, and we've already initiated a long position. In this analysis, we explore the technical indicators pointing toward a potential rally on the horizon.
2. Bull Flag Emerges on Lower Timeframes
Zooming in on lower timeframes reveals the formation of a promising Bull Flag pattern. This pattern often precedes another upward wave, aligning with our broader bullish outlook for INJ.
3. Elliott Wave Theory and the Final Uptrend Wave
Our analysis harmonizes with the Elliott Wave theory, hinting at the possibility of a fifth and final wave within the current uptrend. We delve into the implications of this pattern for INJ.
4. Fibonacci Levels: A Reliable Support
Notably, INJ has exhibited consistent bounces off key Fibonacci support levels. Initially, the 61.8% retracement level played a crucial role, followed by a bounce from the 50% retracement level. These patterns underscore the positive outlook for both INJUSDT and INJBTC.
Injective 10923Looking like it is going to breakdown. Still one of the best performers but I still think you get a better price
INJUSDT a short and a long ideaHere is a pair of trade ideas for INJUSDT. One is a short and then a long trade. The price action suggests to trade only in the long direction on any pullback. However, a short here from the daily resistance is not a bad idea. But the size should be kept smaller to keep the risk lower given the momentum in the opposite direction. If the desired pullback is there expected in the short trade, the price shall find support at 4h support 4HS1 and that should make the price reverse its path and again move upward. This will create a conducive environment for a long trade opportunity again towards the daily resistance. Though the price may break the daily resistance on the next attempt with that long trade idea, but we will reassess it again and adjust the target once we are in that trade and the price is moving according to our expectation.
injI expect a correction towards the box and green lines, in order to reach the red lines. We can see a resistance in the red lines.
INJUSDT LONG IDEAINJUSD That trend line has broken its channel and has shown a trigger after pullback.
entry:7.503
tp1:7.678
tp2:7.878
tp3:8.048
tp4:8.98
sl:7.18
INJ CAN PUMP AGAINThe INJ symbol can climb up to the red box or even beyond. The low risk entry range is the green box. The market seems to be still bullish.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
