INJUSDT trade ideas
INJ USDT LONGAccording to the report of the daily bullish channel and dealing with the end of the trend,
the expectation of returning to the numbers rises and due to the breaking of the bearish middle line,
this expectation increases.
ALMOST time to Short We almost at the order block
i am adding it to my watchlist and will then decide once i see such a pattern i highlighted
Stay glued here i will update you.
INJUSDT at 4h support, likely to head to weekly resistance 8.86The price has hit the weekly resistance and has been pushed back by that resistance. This weekly resistance level was shared in one of the earlier charts for this pair describing all the resistance and support levels. The price is currently trading at 4h support zone 4HS1. I think a long is favorable from here towards the weekly resistance with a target of 8.86.
$INJ LongLooking for a swing-fail of the $10 level.
Entry = $8.484
Stop Loss = clean break below $8.20
Target = $10
Bullish on Injective - Injective's BoomInjective has been rallying for months and has defied the bear market, which has drained most other crypto assets. Due to its super bullish fundamentals, it has stolen the limelight and will probably continue to do so.
Its uptrend has been very healthy so far, and we can see that through INJBTC. INJ has been doing very well relative to BTC, and both INJUSD and INJBTC look clean. What I mean is that technically they look solid, as they have had several corrections and consolidations. Therefore the current trend looks sustainable.
The two key areas I think INJUSD is targeting next are 10.3$ and 14.5$. Those two areas have a lot of liquidity, given that triple/quadruple tops have formed there. I expect the market to hit those targets in the next few months. Taking profits in those zones makes sense only in the short term, simply to add more in case the market corrects once it gets there.
Inj on 1hr Inj on 1 hr timeframe clear headshoulder pattern keep on eye if breakout below supportline
INJDisclaimer
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🔥 INJ Long-Term Bull-Flag Break Out AnticipatedINJ has been trading in a bearish channel for nearly 3 months now. With Bitcoin's resurgence, there's a decent probability for INJ to break through the top resistance and to continue it's bullish trend.
The yellow marked area is a short-term bull-flag, within a long-term bull-flag. The trade is based on the premise that both will break bullish.
SL under 7.00, profit target at the recent 2023 top for a decent risk-reward of almost 5.43, make sure to wait for confirmation.
INJ USDT - Daily Long TradeAlready Retested And Gave 20% Trade.
Next Idea Published....
Not A Financial Advice.
I Keep My Charts Simple.
INJUSDTWhen the S&R will act as support we can see the continuation in the HH and HL structure. No shorts can be opened is this it true. Possible good for a scalp trade to the value zone for now if the buyers aren't stepping into the markets.
Weekly BreakoutINJ breaking out of the 10 week flag with plenty of room on RSI. Expecting a pit stop around $15 and then head towards $50 by August before a larger and longer correction.
INJ has well outperformed the market YTD off the bottom and has consolidated nicely, while many other alts rolled over. I think INJ is the current cycle market leader and is following a similar trajectory to LINK in 2019
INJ looks promising! ready ?INJ has been bullish and in a strong uptrend. Expecting this trend to continue and looking to print some $$$ along the way.
if u want me to continue posting good ideas like Alpha, Beta, MTL, ONT etc
then do your guy a big one and drop me a follow.
a follow goes a long way
and keep me motivated to post good ideas that I take myself.
If u like the idea then you know what to do!
as always trade safe and don't get rekt.
INJUSDT bounced well from daily supportThe price experienced a sudden drop but found the support at daily support zone DS1. The price bounced well from there providing an opportunity a long trade there. This level was already marked on the chart. In general the rule is to long the support and short the resistance. And from probability point of view the trades taken from this strategy always result in overall better winning rate (more winner trades than loser trades). This is indeed very true on the long side for a coin which is showing strength. And we talked about INJ being the strong one fro past few days. Such coins in such drop situations give the opportunity for easy money as bounces are really big on such big drops. I will long it again in case it comes back to that daily support.
INJUSDT doing well, likely to head to 7.85-7.84This one is our hero. Moving up and holding even in the event of adversity. Last trade we took a couple of days ago was a long trade and that worked out pretty well. The price went beyond weekly resistance WR1 which was our generous target for the last long trade. The price is currently facing resistance from daily resistance DR2. I think this one is planning to go beyond DR2. Specially when BTC bounces from the daily support, this one will also move towards the DR2 zone.
Inj promising for long at this pointInj long
Open : 7.741
Stop : 7.70
Tp: 8.16
It's not a financial advise
Always do your own search
INJ Long term analysis Injective Protocol (INJ) is a decentralized exchange (DEX) protocol built on the Ethereum blockchain. It aims to provide a high-performance, secure, and decentralized trading environment for various digital assets, including cryptocurrencies, derivatives, and other financial instruments. Injective Protocol is designed to enable peer-to-peer trading without relying on traditional intermediaries.
Key features of Injective Protocol include:
Decentralization: Injective Protocol operates as a decentralized network, allowing users to trade directly with each other without intermediaries.
Scalability and Speed: The protocol utilizes layer-2 technology, specifically the Ethereum Virtual Machine (EVM) compatibility, to enhance scalability and transaction throughput.
Cross-chain Compatibility: Injective Protocol supports cross-chain trading, enabling users to trade assets from different blockchains without relying on centralized bridges.
Community Governance: Participants of the protocol can have a say in its governance through decentralized governance mechanisms, allowing for community-driven decision-making.
Derivatives Trading: Injective Protocol supports the trading of derivatives, including perpetual swaps and futures contracts, providing users with access to a wider range of financial products.
injThis is an arrow to get rid of scalp entries. Be careful. If it doesn't break, it will sell well.
injIn the last stage, for a mid-term entry, I look for an entry point almost in this range. Here you can buy three steps, you can buy one step and then come to the bottom of the channel and check again.
injWe will come daily time
We have the above liquidity, which can be of interest. If we draw a trend line from the beginning of the trend, there is a reaction to it and the price is now below it. This is a bit suspicious. Now, if we take it from the previous bottom, we get a range that It is possible to look for an entry point in this area. I think Midline can be a good channel
