INJUSDT trade ideas
#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.
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.
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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.
INJ ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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
INJ Long #InjUSDTINJ Long #INJUSDT
Entry - 8.86
SL -8.5
TP1 - 9.385
TP2- 9.690
Tp3- 9.95
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INJ : DOWN Recovery possiblity
The first target where it can break down is $7.79 with the following below $7
We will study soon if this is the end of the cycle of INJ.
INJ did as one of the best coins since time, and we did add about it since this update:
With the following before $2
There is a possibility that INJ is going to see a trend recovery in the coming time, how far that exactly is, we should check with the time frame.
There is no must that this recovery should happen, it's only about the high chance depending on the technical view of the coin.
INJ : THE WAY TO BREAKOUTINJ is one of the coins that are into sleeping trend, but when its time to get up it will show some nice trends.
As trader its interesting to find coins that have high chance to breakout coming time, and one of the coins are INJ.
3 USD target looks a trending target, but same time we have the most important 7 USD target.
Coming time with patient we will follow INJ for more interesting targets.