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Markets
Cryptocurrencies
Injective
Tether USDt
INJUSDT
Ideas

INJ / TetherUS

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INJUSDT trade ideas

INJUSDT heading towards daily support The price seems to be heading to daily support DS1. After bouncing from the daily support DS1, it went up till the 4h resistance zone 4HR1 and got rejected from there. After a pushback it again attempted towards this resistance zone only to meet the same fate. The price again got rejected from there and fell back down. It is currently trading between the resistance zone 4HR1 and support zone DS1. From the probability and price action perspective, it seems favorable that the price aims for the daily support. This provides a good short opportunity. The target is marked on the chart.

Short

by angela_altair

INJ SHORT SETUP (1H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the INJ symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You

Short

by behdark

INJUSDT Next Possible Move Pair : INJUSDT ( Crypto ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame Break of Structure RSI - Divergence Completed " 1234 " Impulsive Wave Bullish Channel as an Corrective Pattern in STF SMC - CHoCH

by ForexDetective

inverse head and shoulder prediction inverse head and should touching the .618 fib should rocket up to the 6.6 - 6.7

Long

by MR_ZTrader

INJ Inj not bad chart , if break down trend And resistance tp 6,600 And 6,900

by aminazarmi

INJ LOOKS BEARISH Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the INJ symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You

Short

by behdark

INJUSDT again at daily support, likely to bounce at least to 5.8 The price has come to the daily support zone DS1. I think the price will bounce here. A long should be favorable here. The target of this trade should be at least 5.82.

Long

by angela_altair

Updated

INJ IS BEARISH (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the INJ symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You

Short

by behdark

inj usdt perpetual buy INJ USDT perpetual 1d disclaimer on dyor b 7.675 sl 5.993 tp 12.780

Long

by the_journal

Updated

INJUSDT at bottom of daily support, likely to bounce The price is again at the bottom of the support zone. I have taken a long trade here. The target of the trade is 5.73. Lets see how it plays out.

Long

by angela_altair

Updated

INJUSDT has hit the daily support This also has a similar story of falling down. A big red candle directly piercing into the daily support DS1. The price may bounce from here but I want to see some evidence on lower time frame first. If thats there then I will try to long it. The next support level is weekly level WS1 which is still a bit far away. I will post if I see any setup and take any trade.

by angela_altair

last alert The decline from the top was in three waves, and then a corrective rise in three other waves. It is now assumed that the decline is in a five-motive wave. Note: the analysis fails if the price closed the highest area 8.2 usdt

Short

by KhaldHegazy

Updated

INJUSDT at support likely to head to 7.25-7.29 The price is at LTF support. I expect it to bounce here towards 4h resistance 4HR1. Therefore long trade is favorable here with the target 7.25-7.29. It might retrace first around 7.19 but I think ultimately this time it will touch the 4h resistance target.

Long

by angela_altair

INJUSDT 4H MT Blue horizontal lines are the weekly levels, as you could see on the past few days we went to the upside, formed a new weekly resistance at the price of 9.338, went to the downside, grabbed two weekly levels of support which means that INJ is currently strong, formed a parallel channel and a break of structure to the upside, right now we are retesting the bottom of the parallel channel with a fakeout from below

by hoomankaramii

Navigating the Ups and Downs: Analysis of #INJ Price Action 💎 Our analysis of #INJUSDT reveals a promising mid-term trend that remains bullish. We have observed the formation of higher highs (HH) and higher lows (HL), indicating a strong upward momentum. Additionally, the recent bounce off the uptrend trendline further strengthens this bullish outlook. 💎 Presently, the price finds itself in a crucial position, caught between the 61.8% Fibonacci support and 61.8% Fibonacci resistance levels. This consolidation phase demands our patience and careful observation. We eagerly await a breakout, be it to the upside or downside, as it will provide crucial insights into the probability of future price development. 💎 In the event of a downside breakout, our focus shifts towards the VolumeProfile support at $6.35, with the potential for further downside movement. Conversely, should the price break out to the upside, we anticipate an impressive 30% rally, presenting an exciting opportunity for traders. 💎 Drawing upon the renowned Elliott wave patterns, our analysis suggests a higher probability of a bullish breakout. However, we remain vigilant and prepared to respond swiftly in the event of a downside break. This waiting period demands our undivided attention, as we anticipate imminent market activity and potential opportunities. Stay tuned, dear Paradisers, as we closely monitor the market, ready to capitalize on emerging trends and potential market movements. 🌴

Long

by MyCryptoParadise

INJ Injective Protocol Cup and Handle INJ formed a nice Cup and Handle via Daily chart :) this coin has done well even with the current market lagging like it has been but soon to change so many are saying. If it does this coin would be one to have.

Long

by dr0iz

Updated

INJUSDT likely to head upto 7.24-7.29 The price is trading at 4h resistance zone 4HR1, but I feel this time it is going to break this resistance and move upward towards 4h resistance 4HR2. Any dip to the daily support region DS1 is for buying. The target as mentioned is 4HR2 zone around 7.24-7.29.

Long

by angela_altair

Updated

INJ/USDT Just a simple setup. Inj respected TL but has finally broken out. After TL and Support retest into resistance comes blood bath

Short

by stickyydee

INJUSDT at daily support, likely to bounce towards 6.97 So as we expected, the price has hit the daily support, and offers us a long opportunity. The target of this trade should be 4h resistance which is sitting around 6.97. I will ladder buy my positions in this support zone.

Long

by angela_altair

Updated

Inj/Usdt Short would be valid only if it breaks the support zone After breaking the support zone then in pullback it provides a suitable short position.

Short

by Erfan352

INJUSDT at support, likely to bounce up to 7.19 The price has reached to the support and it is likely to bounce from here. Therefore, a long is favorable here. The target for the long trade should be 7.19. If this support is lost then the price is likely to head to daily support DS1 and then a long can be taken from there.

Long

by angela_altair

Updated

INJUSDT Elliott wave trade setup for injusdt. It may do either ABC correction or Impulsive move. In any case prices needs to increase. Possible targets are shown on the chart with fib lines. Not a financial advise.

Long

by Samtaymz

Updated

Pennant Tightening Up INJ has been in a strong uptrend off the lows since Jan 2023 and appears to be setting up for another leg higher. Even after the SEC / Binance news today, INJ held pennant support and is tightening up. Expecting a move in the next week or so. Injective fits the DEX + AI narrative. As the SEC continues to push exchanges offshore, this may provide a strong tailwind for the DEX sector. Backed by reputable VCs like Brevan Howard, Jump, Panterra and Mark Cuban.

by ZenTradesRW

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