Iranian Analysis INJUSDTIf the blue area and pattern break upwards, enter after seeing the pullback
If the pattern breaks downwards, enter the shorts position after seeing the pullback and seeing the pushback of the sellers.
INJUSDT trade ideas
INJ/USDTCRYPTOCAP:INJ green support line must hold, starting to compress for a move.
if you zoom out you can see there is a massive cup and handle pattern :)
INJUSDT to bounce from daily supportThe last long did not work out. We had a bit bounce from the 4h support but it was not substantial to fulfill our trade goals. However, the price has now come to the daily support. This zone is a pretty strong support zone and will provide support to the price and the price is likely to hold this level at least to allow the price to bounce good enough for a long trade. You can see on the chart that this level has held the price in past when the price hit this level several times and finally provided a good upward move. And therefore, I believe this is a good level to go long spot. The trade idea has been put on the chart but it can be adjusted as per the need. The idea is not to lose this opportunity due to just a spike on the
down side.
injusdtBINANCE:BTCDOMUSDT.P www.tradingview.com
look btc dominance only hint for inj its last chance for inj if it fail thats mean inj is bearish long time than we trading is very risky profit and lost is a part of traders life so keep ypur levrage low and never invest more than you cannot afoord to lose
INJUSDTINJUSDT has retraced to very strong support area. and also still holding the upward trend as getting support from long term inclining trendline. Will the buyers attack these levels and push price much higher ?
INJUSDt is testing the resistanceINJUSDT is exhibiting a descending channel pattern on the price chart. A descending channel is characterized by a series of lower highs and lower lows, forming two parallel trendlines that act as support and resistance levels.
As of now, the market is testing the upper boundary of the descending channel, which acts as a resistance level. Traders and investors are closely observing this critical juncture as it could lead to a potential breakout. A breakout refers to the scenario when the price breaks above the resistance level, indicating a potential bullish trend reversal.
Given the descending channel pattern and the potential breakout, there is a possibility that the price might attract new liquidity below the current resistance level. In other words, there could be a considerable influx of buying interest once the resistance is breached, as traders look to capitalize on the upward momentum.
According to Plancton's trading rules, a new long position is recommended after a decisive breakout above the $8.3 price area. A long position implies buying the asset with the expectation that its value will rise. By adhering to Plancton's rules, traders aim to take advantage of potential price appreciation, riding the upward trend until it reaches a specific target or shows signs of reversal.
According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
INJ USDT 1D It looks like a head and shoulders pattern is forming.
On the other hand, sma7 is cutting sma25, which is a clear sign of further decline.
what do you think ?
INJ WAIT FOR TRIGGER Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
INJ BULLS TO TAKE OVER FROM A SHORT TERM.
As we can see price is still overall bulls trading above our rising trendline.
However, price got stuck inside this big range, Meanwhile, price is sitting around our previous major high!
Where we will be looking for new longs from a short-term perspective
And as we can see price is still bearish trading inside this channel, and for the bulls to kick in we need a break above the marked swing high
And as usual 1-2 Risk to reward ratio, from a risk management perspective.
And price can still reach our target before reaching our upper resistance zone.
Until that price can still trade lower and lower.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
INJUSDT Next Possible MovePair : INJUSDT ( Crypto )
Description :
Bullish Channel in Long Time Frame as an Corrective Pattern
Break of Structure
Completed " 12345 " Impulsive Wave and " A " Corrective Wave
RSI - Divergence
Support Level
NUKE OR PUMP? It's either a nuke or pump situation, and mid-August will decide, as you can see. This rising channel is a bearish pattern.
🔥 INJ Perfect Reversal Area: Wait For Bounce!INJ has been trading bullish alongside an upward trending support line. With INJ reaching the support again, we're going to scout for an entry.
BTC is currently trading (and potentially reversing) from a massive area of resistance, so we're going to decrease our risk and wait for INJ to bounce off the support and close the daily candle above 9$. Only then will this trade be activated.
Chance to buy INJ around $8.2On daily TF,
Injective BINANCE:INJUSDT has broken R/C around $8.2 and reached to $9. Now, it's pulling back to $8.2
Chart 1H TF
Wait a confirmation to join the race
I expect it can hit last ATH at $9.97
Wait and see
INJUSDT at support, likely to head to 8.96The price is at 4h support 4HS1. This calls for a long side trade. The price is meant to bounce here and likely to move upward towards 4h resistance 4HR1 zone. The target should be 8.96.
INJ LONG POSETIONBULISH OB+ + DISCOUNT + ORDER BLOCK ON 15 MNUTES CHART. its was 1h ob+ so i minmiz the entery on the 15m chart u can enter directly or wait for choch on 1m chart
INJINJ is retesting last ATH top. This could cause a double top or not lol, any how every direction will be interesting and present enough trading, Daily already showing bear tendecies not enough yet to confirm anything. Watchout for value area high, and point of cotrol.
#INJUSDT #LQR #TOBTC #LaqiraProtocolDue to the strong resistance Zone , the probability of correction is obtained from the confluence of static and fib levels in certainLevels on the chart, after confirming and matching with Bitcoin levels, you can open a trade this analysis is not an offer to buy or sell
INJUSDT to head up towards 9.53The price has been rejected from 4h resistance 4HR1. The price has come back near the hourly support HS1 and now trading below it. From the price action, it seems the price is going to bounce here. This makes a long trade favorable here. The target of the trade should be 9.53.
INJUSDT at 4h resistance, likely to retrace to 9.27-9.33The price retraced from 4h resistance and has bounced again. However, I think this is a nice setup for short trade. The price should come back to hourly support around 9.29-9.33. Lets target that.
WILL $INJ REACH $6 AGAIN BEFORE BULL RUN OR CONTINUE TO RALLY?CRYPTOCAP:INJ has made an explosive run upwards since the buy setup executed by $5.40 in the previous analysis on $INJ.
Begs the question, will CRYPTOCAP:INJ reach $6 again? I think price will reach $6 again. Below are the confluences for my Bearish stance
- Price is currently in a Weekly Rejection Block
- Sell Side Liquidity has been taken on the Weekly and Daily timeframes that was at $9.58
- Retail Market Sentiment is bullish as we can see major news articles are writing about the bull market coming which is always great for an institutional trader as there is retail liquidity to raid.
- Price is also in a Daily Bearish Order Block that has not been violated as yet.
- There is a Fair Value Gap by $8.50 as well as another Fair Value Gap by $6.50 which the algorithm will most likely be targeting to close before another big rally.
- There is Buy side Liquidity (retail buy stoploss) by $7.75 which is very attractive.
We are currently in Q3 and I project that prices within the Crypto market will make their lows within this quarter in August-September before a Bullish rally begins again.
N.B: If you enjoy and learn from detailed analysis like this one, do well to follow, like and share this analysis to your fellow traders.
Happy Trading Pals
INJUSDT to come to down to 4h support for a bounce to 9.65For this one a long entry would be 4h support zone which is sitting around 8.68-8.73. The price has rallied close to 9.93 and then retraced back. It is currently trading above the 4h support 4HS1. But I expect it to hit that support and then bounce from there. A long trade will be favorable from that 4HS1 support zone towards the resistance zone 4HR1. The target of this trade should be 9.65.
