INJ Trend-Line ShortWith a clear rejection at 20.624, I think INJ is headed for 19.047 while respecting this trend line.
INJUSDT trade ideas
INj shorting Shorting this coin , ict concept at its core, it is on premium and good time to go short
Why I Don't Consider Trading Injective Protocol (At The Moment)Based on pure numbers, INJ isn't doing that badly. Especially compared to many other altcoins.
Certainly, it is down ~60% from its March peak. But hey, tons of other tokens dived much deeper.
Moreover, INJ trades at a level far away from its bear market lows. Again, many other coins are close to their lows or even below.
So, it's all good. Let's set up some trades. Uhm, no.
When looking at the chart, you can hear voices "Don't long me" very loudly.
Here's why:
1️⃣ Downtrend Channel: INJ trades in a strong downtrend channel defined by several lower highs and lower lows. This chart pattern definitely represents an environment in which you don't want to go long.
2️⃣ Strong Sell Pressure: Looking at the volume reveals another important aspect: The bears haven't lost steam and keep the selling pressure high. Accordingly, a reversal is unlikely.
3️⃣ EMA 200: The price trades clearly below the long-term moving average. And we all know that trading against the trade isn't the smartest thing.
Even trading the channel trend lines is not an option, in my opinion. As you can see in the charts, INJ has traded most of the time at the lower trendline.
- It touched the lower trendline 5 times (upper trendline only 2 times)
- After touching, it remained at the lower trendline for a longer time (directly bounced at the upper trendline)
- Bounces from the lower trendline did not always lead to reaching the upper trendline.
Overall, INJ simply doesn't offer a solid setup for trades on the higher timeframe, like the 4H or 1D chart.
Inj chart I'm taking a long position on INJ (Injective Protocol) due to its strong fundamentals and promising market developments. With ongoing innovations in DeFi and a solid community backing, INJ is poised for growth. My entry is based on recent technical analysis, showing support around key levels, and the overall bullish sentiment in the market. Remember, do your own research and manage your risk accordingly. Let’s ride this wave together! 🌊
INJUSDT düşeni kırmaTeknik analizde bir hisse senedi, emtia veya başka bir varlık "düşeni kırarsa" (yani düşen trend çizgisinin üzerine çıkarsa), genellikle bu durum bir trend değişiminin işareti olarak kabul edilir. İşte bu durumda olabilecek bazı senaryolar:
Trend Değişimi: Düşen trendin kırılması, düşüş eğiliminin sona erdiği ve yükseliş trendinin başladığı anlamına gelebilir. Bu durumda, fiyatlar yukarı yönlü bir hareket sergileyebilir.
Hacim Artışı: Düşen trendin kırılması sırasında işlem hacminde artış gözlemlenebilir. Bu, kırılmanın geçerliliğini destekleyen bir sinyal olarak yorumlanabilir.
Fiyat Hedefleri: Teknik analistler, düşen trendin kırılmasından sonra fiyatın önceki direnç seviyelerine doğru hareket edebileceğini düşünürler. Bu nedenle, kırılma sonrası belirli fiyat hedeflerine ulaşma olasılığı artar.
Fiyat Dalgalanmaları: Kırılma sonrası kısa vadeli geri çekilmeler olabilir. Bu, bazı yatırımcıların kârlarını realize etmesiyle oluşabilir, ancak genel trend yukarı yönlü kalabilir.
Destek/Direnç Değişimi: Düşen trend çizgisi, kırılmadan önce direnç olarak çalışıyorsa, kırılmadan sonra bu çizgi destek görevi görebilir.
False Breakout (Yanıltıcı Kırılma): Her kırılma gerçek bir trend değişimi anlamına gelmez. Zaman zaman yanıltıcı kırılmalar olabilir. Bu durum, fiyatın kısa süre sonra tekrar düşüşe geçmesiyle sonuçlanabilir.
Düşen trendin kırılması, genellikle olumlu bir sinyal olarak görülse de, yatırımcıların dikkatli olması ve diğer teknik göstergeleri de göz önünde bulundurması önemlidir.
INJ WORST CASE BUYING ZONEIm gonna put my stink bid of inj to 9.87 with at least 5x leverage im hoping if any worst case happens with btc thi where poi of inj is do your own risk management
$INJUSDT.P Long idea #2Unfortunately the first idea for a BINANCE:INJUSDT.P long didn't come to fruition. BINANCE:INJUSDT.P moved to its lower end of weekly value just as I was anticipating a reversal on Bitcoin. This provided an opportunity for a buy along with Bitcoin.
As mentioned, this idea is based on a Bitcoin long idea that I just posted. After all, alt coins rarely move up without Bitcoin in their company! Link for Bitcoin idea below:
$INJ short term long for this weekThis trade goes hand in hand with one of my recently posted ideas about INJ. I believe INJ is about to begin trending up (along with BTC). Entry at weekly value high retest, targeting year's value low at $23. INJ has outperformed most of the market today, including BTC!
INJ - To new High after breakout#INJ/USDT #Analysis
Description
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+ INJ Price has hit the horizontal support while trading inside the channel.
+ I'm seeing a strong reversal from the horizontal support. This reversal could push the price higher and breakout from the channel.
+ You can enter the trade now for high risk or wait for the breakout.
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VectorAlgo Trade Details
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Entry Price: 19.29
Stop Loss: 13.05
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Target 1: 22.60
Target 2: 27.22
Target 3: 34.52
Target 4: 44.58
Target 5: 62.33
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Timeframe:1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
INJUSDT Price Rebounds from Key Support Zone!!The INJUSDT price has shown a strong bounce from a major support zone, supported by significant trading volume. This momentum looks promising, and after a minor retest, a substantial upward movement is expected, potentially reaching a new all-time high. However, it’s crucial to always set a stop-loss to manage risk effectively.
INJUSDT (1D Chart) Technical analysis
INJUSDT (1D Chart) Currently trading at $18.5
Buy level: Above $17.5
Stop loss: Below $14
TP1: $22
TP2: $29
TP3: $33
TP4: $45
Max Leverage 3x
Always keep Stop loss
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INJ ANALYSIS🔮 #INJ Analysis
💲💲 In daily time-frame, Falling Wedge Pattern is forming✅
But right now we can see that #INJ is testing its major support zone and if #INJ breaks the pattern and also breaks the support zone with high volume then we would see a bullish move 💯🚀
💸Current Price -- $18.41
📈Target Price -- $39.14
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#INJ #Cryptocurrency #Breakout #DYOR
INJUSDTWill INJUSDT get bids from buyers ?
As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 22.50 followed by 27
What you guys think of this idea?
INJ wyckoff long ideaI'm bit of not satisfied cause with this wyckoff but it's playing Po3 very well will long it with 2x leverage, you better do your own risk management and reaserch.
Injective correction zone before continuationBINANCE:INJUSDT
Injective one of the main leader on this market. Watch potential zone for correction
before continuation
Possible Targets and explanation idea
➡️Weekly timeframe. Take a look on FOMO zones and size in 2021 and 2023-24
➡️Congrats everyone who accumulated inside 27 zone on W timeframe
➡️INJ almost without corrections move Impulse/sideways/impulse to new ATH
➡️After rejection at 1.618 lvl would be good to see test M fvg around 25$
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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INJUSDT 1WINJ ~ 1W
It is important for #INJ to maintain this key support and need to break the resistance of this descending pattern.
Losing this key Support would allow a retest of the $9.5 support
INJ looking to jump 50%INJ like RNDR is looking to jump over 50% in the coming 3-7 weeks if BTC can maintain a bullish posture. This looks like a huge move but remember people were able to get into a strong token at a massive discount here. I did sell 15% of my position when I luckily called the top a few months ago.
-The next decision is when do I unstake 50% of my remaining bag?
-Part of me wants to sell it at 30$ and move on but if BTC is in a very bullish position then my target for 50% sells is 76$
$INJ upside continuationCRYPTOCAP:INJ is one of the few coins that has outperformed Bitcoin last year. (Outperformed is an understatement) This entire year has been a large pullback which I believe has just come to a finish. Its safe to long a majority of coins at the moment, but I think CRYPTOCAP:INJ will be one of the few that will continue to outperform the major coins and the overall market.
$14.45 represents last year's peak of value which has just been retested earlier this week. If Bitcoin expands higher, this coin will undoubtedly melt faces. I am obviously long. Also a fantastic coin for day trading. My projected price for CRYPTOCAP:INJ at the peak of this run would be around $125.
On a side note: My first successful idea is playing out on BTC! It was posted a few days ago. Follow and boost for more ideas. Any feedback or comments welcome!
Inj bullish #Long #BullishIt reject from Orderblock so it is going to make upside movement from this
✴️ Injective 6X SHORT (368% Potential)I think the best way to explain it is just by saying, "market cycle."
The chart does have a few weak signals such as: a lower high based on session close, more than two months of sideways with low volume, break below EMA10 (3D TF) as well as Bitcoin's top.
"Market cycle" is easier.
Here goes the Injective short trade-numbers.
My wish is that you can make money on the way up, as well as on the way down.
We ride the waves...
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SHORT INJUSDT
Leverage: 6X
Buy-in: $39 - $35
Targets:
1) $33
2) $29
3) $26
4) $23
5) $21
6) $19
7) $14
Stop-loss: Close daily above $40
Potential profits: 368%
Capital allocation: 4%
___
When the correction is over or reaching its end, I will be here looking at all the charts and sharing LONG trade ideas for us to trade. Some will do good, others will fail but my wish is that we can grow and profit together.
Thanks a lot for your continued support.
You are appreciated.
Namaste.
INJUSDT.1DUpon examining the INJ/USDT daily chart, it becomes apparent that the asset has navigated through varied price ranges, characterized by both surges and declines. Here's a breakdown of the critical elements in my analysis, focusing on the support and resistance levels, along with key technical indicators.
Support and Resistance Levels:
Support Level 1 (S1) at $14.30, a significant level because it previously acted as both support and resistance, suggesting a strong market reaction if approached again.
Resistance Level 1 (R1) at $24.54, where previous attempts to break higher were thwarted, indicating a robust selling area.
Resistance Level 2 (R2) at $30.84, marking the high end of the recent price range and a target for any bullish momentum resurgence.
Technical Indicators:
The MACD (Moving Average Convergence Divergence) is under the zero line and the signal line, indicating bearish momentum. This suggests that there could be more downward pressure in the near term.
The RSI (Relative Strength Index) is hovering near the mid-range, around 50. This indicates a relatively balanced market but leans slightly towards bearish conditions given the current price trend below recent highs.
Conclusion:
From my perspective, the INJ/USDT pair currently exhibits bearish tendencies with the price testing support levels. The critical area to watch is the support at $14.30; a break below this could lead to further declines towards new lows, while a hold could prompt a retest of the upper resistance levels. Given the negative MACD, traders should be wary of potential declines, but also prepared for a bounce if the RSI moves into oversold territory, signaling a possible reversal. This analysis suggests that monitoring these levels for breakouts or bounces, along with broader market sentiment and news affecting INJ, will be crucial for making informed trading decisions. As always, it's recommended to employ stop losses and manage risks appropriately in such volatile environments.
Alikze »» INJ | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel in the daily and 12H time frames.
- It has faced a complex zigzag correction structure after the end of the last bullish wave that extended around the 2.618 area and the price of $53.
- Currently, according to the downward momentum, it is approaching the OB region in the form of a three-wave pattern.
- So if the $18.75 range maintains the 1.618 Fibo, it can have an attempt to the $25 range.
In addition, in the continuation of it, if it faces selling pressure again, the last log can continue up to the range of the green box and Fibo 100.
💎 Alternative scenario: But if it faces selling pressure in the range of $25 and breaks it, the downward trend will continue in the range of the green box and continue with its failure until the range of 11.36.
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BINANCE:INJUSDT
