Injective protocol has shown huge moves to the upside in December. It has currently pulled back around 28% from its high, and are now at strong horizontal/trendline support. Price is currently holding the 3.9 support level, and if it makes a higher high on the 4hour, we got ourselves a good entry!
When you enter the trade; Take some profit at the resistance (4.8), and put stop loss at break even. Let 70-80% of your position ride!
Stop loss below at around 3.8.
When you enter the trade; Take some profit at the resistance (4.8), and put stop loss at break even. Let 70-80% of your position ride!
Stop loss below at around 3.8.