Hi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ) with US Dollar pair. Previously after the completion of bullish Gartley INJ produce, almost 570% massive rally as below: Now on a 4-hr time frame, INJ has formed another bullish Gartley for the next price reversal. Note: Above idea is for educational purpose...
INJ / USDT INJ showed strength in every flash crash since last few weeks and today it make a new ATH ! Its kind of behavior/ price action only reminds me of BNB and SOL in 2021 ! I want to see it consolidating and holding above its previous ATH in order for push more Could it repeat BNB 2021 or SOL 2021 again ? #DYOR
I believe the price has retraced enough and has landed on the adjusted low time frame support LTFS1 and may be ready to bounce again. This time the bounce will probably clear the high it has made previously. However, partial profit taking on the way up would not be a bad idea. Let see how and where it goes.
The price has hit the low time frame support LTFS1 and it is lilkely to bounce from there. Therefore, a long is preferable here. The target of the trade should be 34.08. The stop loss has also been marked on the chart. If it loses that support, then it is heading towards 30.9 area.
The move on this one has been pretty impressive. The price blasted through the monthly resistance MR1 on this move up and reached its all time high value. I believe it has a lot of potential to go further up. One should look for a good entry on this one for high time frame trade. Weekly support WS1 can be a good entry point in case we get that. For smaller time...
❤️❤️Thanks for boosting 🚀 and supporting us! 📈At the moment when we approach resistance, according to price action, we expect 80% return from support and resistance. 📊 (-sell) : 19.106 🔴 Stop Loss : 20.069 🎯 Take Profit : 17.55 - 16.65 - 15.162 🔗 For more communication with us, send a message in TradingView. 👨🎓 Experience and Education: Our trading team...
*-Technical Analysis 📈 break from high CH = move to 16.60$ *Trade (Buy) 📊 13.877$ *-Stop Loss 🔴 3 level *-Take Profit 🎯 14.70$ - 16.60$ *-Risk Management 🚧 3-5% 👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
For the BINANCE:INJUSDT.P Long Trade Setup, the following values are suitable for our interval trade: Entry: 16.780 Target: 17.405 Stop: 16.194 Cost Reduction: - The profit is reasonable relative to the risk.
Get ready for an exhilarating adventure in the crypto world! 🤑 I'm expecting INJ/USDT to soar to $18, or it might even aim for the stars at $1,850! 🚀🌕 But, here's the twist: After that exciting climb, there's a chance INJ/USDT might take a breather and come back down to $15. 😓 Always remember, investing in crypto is an adventure. Keep your eyes wide open 👀 and...
12h time frame - INJ is very strong since we share the signal at 7.5(ref.1), it has increased by 40%. Next, just wait it to reach our previous analysis, which target is 14.3. Also, considering the risk, we set protective SL at 9.5 to make sure the profit. ref.1 Signals on Oct 5th
The price has been rejected from daily resistance DR1 twice. Upon hitting the next support 4HS1, it has bounced. I think this support will provice the necessary bounce for a long trade and the price will aim for the daily resistance DR1 again. The price has already bounced so we should wait for it to pullback again to start building the position. The target of...
2h time frame - INJ is creating a triangle structure, this pattern could be regarded as continuation structure of previous wave from $6.36 to $8.05. Triangle bottom(~$7.2) is also the 0.5 Fibonacci Retracement, which is not that better but available so far. If INJ go back to $7.2, we can set up a trading plan. TP: 9.75 SL: 6.78 Also, there is a higher target at...
The price has hit the 4h resistance 4HR1 and it is already experiencing a pullback. It is likely that the price will visit 4h support 4HS1. Therefore, a short trade is favorable from 4h resistance 4HR1. The price has already been pushed down from that resistance, therefore, we will add the position slowly as the price will move up towards the resistance again.
The price is heading southward. The next support is the daily support DS1. This support is sitting around 7.10-7.13. It is likely that the price will hit this zone on this drop. There is a weekly support sitting below this daily support 6.91-7.03. There is a possibility that the price may hit that before a bounce but I think daily support will provide some bounce...
The price fell down below the 4h support but bounced strongly from 7.27 zone. Now the price is at hourly resistance and I expect a pullback here. This pullback may extend till 7.35-7.36 area. Therefore, a short trade is favorable here with a target to 7.35-7.36.
Here is a pair of trade ideas for INJUSDT. One is a short and then a long trade. The price action suggests to trade only in the long direction on any pullback. However, a short here from the daily resistance is not a bad idea. But the size should be kept smaller to keep the risk lower given the momentum in the opposite direction. If the desired pullback is there...
12h time frame - INJ is creating a potential symmetrical structure, which is corresponded to left wave from 14.9~1.18(12th Nov 21" ~ 1st Jul 22"). Secondly, INJ got support at 0.5 and 0.382 Fibonacci Projection(depend on different waves). Moreover, higher high trend is making for a while and it's clear to set SL for opening long. TP: 14.3 SL: 6.238