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.
The price has reached 4h support and a bounce is expected here. A long is favorable here for a target towards 7.54 first and then 7.65.
At this level, INJUSDT is also offering a favorable long trade. The price has reclaimed the support and trading inside it. I expect the price to move towards the next resistance around 8.20.
The price has hit the 4h support area. I would expect the price to hold and bounce from here. A long trade is favorable with a target of 8.81.
Hello bro inj is alt coin 75ma up BB shape a rising form TP 10.07 SP a nearby low
I see a good short opportunity from here with close SL at 9.4$ and TP at 6,8$ area..
If reaching and braking up 8.318 T1: 9.1 If reaching 7.63 T1: 6.94 T2: 5.98
According to Elliott waves, we are now in wave 3, but wave 3 is not over yet. We expect it to correct around 6,960 to 7 dollars and continue to complete wave 3 at 9.5 dollars. After the correction of wave 4 to 5.5 dollars, it will rise to 15 dollars, which is around the end of wave 5.
In our opinion, the price of INJUSDT is at the stage of final acceleration in parabolic growth. The completion of the 5th wave may be already around 7$, it may be around $7.50, or around $8.40. This should be closely monitored by those who hold a long position on INJUSD, as the correction may begin abruptly from the above levels. Where can the correction take...