INJUSDT again at daily support, likely to bounce at least to 5.8The 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.
INJUSDT trade ideas
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
INJUSDT at bottom of daily support, likely to bounceThe 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.
INJUSDT has hit the daily supportThis 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.
last alertThe 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
INJUSDT at support likely to head to 7.25-7.29The 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.
INJUSDT 4H MTBlue 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
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. 🌴
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.
INJUSDT likely to head upto 7.24-7.29The 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.
INJ/USDTJust a simple setup. Inj respected TL but has finally broken out. After TL and Support retest into resistance comes blood bath
INJUSDT at daily support, likely to bounce towards 6.97So 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.
Inj/Usdt Short would be valid only if it breaks the support zoneAfter breaking the support zone then in pullback it provides a suitable short position.
INJUSDT at support, likely to bounce up to 7.19The 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.
INJUSDTElliott 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.
Pennant Tightening UpINJ 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.
INJUSDT long favorable from support towards daily resistanceSo the price got rejected from the daily resistance DR1 as per our expectation and currently trading at support zone 4HS1. I will long it from the support zone towards resistance DR1.
INJUSDT updated support and resistance levelsThe price has bounce from daily support DS1 and moved beyond the 4h support. It seems the price wants to head up to daily resistance DR1. This would provide a short opportunity. I think a short will be favorable from resistance zone DR1 towards the 4h support 4HS2 and may extend to daily support DS1. But lets monitor the price and we will take the trade accordingly. I will share the my setup if I take any trade.
INJUSDT Potential UpsideHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR
INJUSDT long ideaThe price has come to the support zone. This may produce some bounce but not sure if that would be enough for a long trade. I will wait for the next 4h support 4HS1 for the entry if the price reaches there. Target for the trade if triggered is marked on the chart. If support 4HS1 is lost, support 4HS2 can be an entry for a long trade.
INJUSDT SHORTI should have short from the top, but I was waiting for a better confirmation so as to enter. I'm expecting price to fill an INEFFECIENT PRICE ACTION BELOW (IPA), and push back up.
MY TP1 IS THERE ABOVE, MY TP2 WILL BE AT THE IPA.
FEEL FREE TO TAKE THE SHORT WITH ME :)
I Cannot Short This !!!👌Price finally managed to break the Bullish Flag . the price can easily reach the target after a little correction.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot
- Bullish Channel
- Bullish Flag
- bollinger band
- 5th Waves
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
