INJ/USDTThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied
INJUSDT trade ideas
INJUSDT long ideaIts looking like a consolidation after an upward move on smaller time frame. The price is likely to break up after this consolidation. Probably a long is favorable here as the end of this consildation will move the price upward.
INJUSDT short ideaThe price has bounced from daily support. However, it has touched the trend line which had held the price down just before this upward move. I expect the price to pullback from here and therefore a quick short trade is favorable here.
$INJ LONGCRYPTOCAP:INJ successfully retested the breakout point and held above it nicely. A move towards $8 should be coming next, if BTC behaves ofc!
Stops below 7.1 where this idea gets invalidated.
$INJ LONGCRYPTOCAP:INJ looking good for a push to $8 short term. Horizontal and diagonal resistance flipped into support
INJUSDT at 4h support, likely to head higherThe price has come back to 4h support. It was rejected from 4h resistance 4HR2 even though it spiked above temporarily. It is likely to bounce here. I think a long is favorable here. The target of the trade should be 7.66.
$INJabove 200 ema on daily and vwap from local low
break downtrend and lets see if we get a deviation or a flip
stoch cross and in bullish territory
INJUSDT at daily support, likely to head up towards 7.46Here is next long idea. The price has hit the daily support DS1 and likely to bounce from here providing an opportunity for a long trade. The target should be the next 4h resistance which is around 7.46.
Brief Analysis ——INJToday we have selected two tokens with high trading volume from the tokens listed on Binance for a brief analysis. They are EOS and INJ.
The performance of INJ in 2023 is impressive. It rose with fluctuation, almost staying above the green dotted line. The current price is gradually approaching the green dotted line. When most tokens fell last Thursday, the bulls of INJ strengthened, and the long green candle almost covered the previous decline. Although the price fell for several days afterwards, it did not cover the gains of the long green candle.
Conclusion: Mostly fluctuation. INJ remains bullish on a large scale. There is not much difference between bulls and bears on a small scale. So we come to this conclusion. The green dotted line would provide bullish strength. We set resistance level at 8.2 and support level at 7.0.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
INJUSDT 22 - 08 MovePair : INJUSDT ( Crypto )
Description :
Impulse Correction Impulse
Resistance Level
Break of Structure
Falling Wedge in Short Time Frame
Completed " AB " Correction
INJUSDT short ideaThe price has broken down the daily support and moved downward. The daily support acted as a support for a while and provided a couple of bounces with the second bounce being smaller than the current one. This was an early sign for the breakdown but we were not observant enough to notice that. However, both were good for quick long trade although not upto the target. Now since, it has broken the daily support, I expect it to head towards the next daily support which is marked at DS1 around 6.96-7.15. The price still has chance to come back up to the broken daily support level but I consider it as a gone case if 4h candle already closes below as that reduces the probability drastically of the price claiming the support back. Therefore, I think from probabbility perspective, the price is likely to visit DS1 daily support insinuating short trades being favorable on bounces.
This is a short trade idea. The price has broken is likely to retrace down to daily support DS1. The price still may bounce towards 4h resistance and allows to add some size there.
INJUSDT likely to come down to daily support and bounceHad a look at chart too late for a short. Else was a good opportunity on retest of 4HR1 resistance. Now we look for long. Price currently at the 4h support and can see some bounce here but I think it is likely that it is coming towards daily support. A better and favorable long entry is from daily support. Lets have the target dynamic for this one but for now lets keep the 4h resistance 4HR1 as the target.
INJ Sell Trade. Here is My Study on INJ.
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INJUSDT close to 4h support, long favorable from thereThe price is coming to 4h support zone 4HS1. It is likely that the price will bounce from there. This makes a long trade favorable from there. The price is likely to head towards hourly resistance around 7.91-7.94 zone. The target of the trade should be this zone around 7.93.
INJUSDT-SHORT SETUPinj is making lower highs and lower lows and there is no divergence seen in this retracement toward upside. retraced above the golden pocket shorted at market price stop above the lower high.
injusdthi everyone i am sure this can happen we are buying in 3 parts we are bulish on injusdt because of supplay and demand alot news are there for inj coin so keep manage your risk first buy in parts and enjoy your trade
See you guys at $4 area!Clear 5 wave structure and seems going down till $4 area with little up and downs
INJUSDT long trade ideaAnd here is the long trade idea I talked about in the last post. I expect the price to bounce from the green zone marked as LTF support. The target for the trade time being is 8.02. Stop loss is narrow with usual position size so risk is limited.
INJUSDT restests the daily resistance it broke, likely to bounceAnd here is the long trade for INJUSDT. The price broke upward and from the daily resistance zone DR1 and has come back to retest it. I think this level will now provide the support and therefore a long is favorable here.
40% bullish for midterm🔸Falling wedge was breaking out in 12H chart ...
🔸wait for a successfull retest to catch 10$
🔸Keep an eye on it.
Don't forget to support us with ur like, comment and follow for more ideas🎯
long INJCRYPTOCAP:INJ broke through the resistance level and the descending trendline. Bullish movement to $8.24 is expected to happen.
INJUSDT at daily resistance and likely to retrace hereThe price has hit the daily resistance DR1 and likely to move a bit down here. I think price should first find support on LTF support LTFS marked on the chart. A long can be favorable from there towards 7.60 zone.
