Lets play this long trade here. Probably a less riskier bet would be to long from 4HS2 level but I feel its gonna give a bounce for a long trade already from 4HS1. I will add if it goes to 4HS2. The target should be the next 4h resistance 4HR1 zone around 7.27-7.30.
After the breakout and test, a long position on INJ is possible here, with close SL
Here are the levels for support for this coin pair. There is one hourly support and two 4H support level on the way before the price can hit daily support DS1 around 6.4 zone. These support levels offers the opportunity for long trades for q quick few percent gains. 1HS1 is not that relevant but 4HS1 and 4HS2 can be good levels. And DS1 is definitely a level to...
Greetings Traders, Today's focus is on INJ, a notable player in the cryptocurrency sector. At present, INJ's market price sits at 6.87. Key Technical Observations A detailed examination of INJ uncovers some noteworthy insights: 1. Relative Strength Index (RSI) and Stochastic: The RSI and stochastic read 69 and 83, respectively, suggesting that INJ may be...
INJ Bullish Parallel Channel🤞👀✔ If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!🔥🙌
#INJ still holding trendline support on daily timeframe! Wait for Breakdown or Breakout or Breakout with proper retest
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT theINJ 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
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Injective (INJUSD) is trading within a Channel Up pattern since the start of the year. For the past 8 days it has settled at the bottom of the pattern, below the 1D MA50 (blue trend-line). If it closes a 1D candle above it, we will have the bullish break-out confirmation for a long-term buy towards the top of the Channel. The Lower Highs and Higher Lows...
Ladies and gentlemen, we have an exciting development in the world of cryptocurrencies as INJ (Injective Protocol) starts to warm up and appears to be gearing up for a potential upside move. This digital asset, known for its innovative approach to decentralized finance (DeFi), has caught the attention of investors looking to capitalize on the next big opportunity....
Trading volumes increased on the rebound. The RSI chart entered the bullish zone (4H, 1H and 30m TFs). Price broke up 200EMA on the 1H Timeframe. 50EMA has broken up 200EMA on the 30m Timeframe. I believe that the asset will continue to rise after overcoming the resistance.
INJ is registering significant accumulation at the current price point. A poke at a downtrend line break was broken after 6 days of descent. This is a hint of a major price shift in the next coming days. 5.0 to 6.0 is a reliable order block support so expect some position buys from here. ----------------------------------- Fundamentally speaking, INJ is one that...
After big pumps i think we will see 18%+- dump. I m still waiting for retest on 1 day TF , however pattern is bearish , we got a new low and we need retest most important EMA ! Give me like if you agree !
Lets take another long from the daily support targeting the daily resistance again. This spike was due to this market not being that liquid like Binance one. But if you are not playing with very big size, not so liquid markets (provided this market is very liquid elsewhere) can be a boon as it can give you a very good entry and exit.
The price is very close to hitting the daily support around 6.56-6.66 zone. This support shall provide bounce to the price and make a long favorable from there. Lets watch how the price reacts when it hits that support zone.
inj trade idea was shared which worked perfectly well and pumped over 10% in few hours. Crazy gains.
Inj is making bullish structure and ready again for another bullish rally in short term. Lerts ride on it