✴️ Injective Next Target ~22/20 (Short-Term Prediction)As soon as I looked at this chart, I started seeing myself explaining to you all of the chart signals, I sounded condescending in my mind... I was like, "Oh no, this is definitely not the goal..." and I felt ashamed.
So instead of reading the signals I will just give you the next target.
On the 3rd of January INJUSDT hit 27 testing EMA50 as support.
The next moving average we track after EMA50 is EMA100, which would be the next logical resting point but here is the thing, EMA100 is now within the price range of EMA50 as it was a little more than a month ago. This means that on a drop this level will be ignored since we have a lower high we should aim for a lower low.
Long story short: The next target sits around EMA200 (purple) or 22, with 20 possible on a wick. This is based on the moving averages and Fibs.
We can call this a short-term prediction, now we wait and see.
Thank you for reading.
It is truly my pleasure to have you today, here with me.
I hope to see you again in the future, more and more... I am truly grateful for your continued support.
Namaste.
