INJ from a lower boundary of a trading range
Updated
Even thou BTC is in a correction, in this macro regime altcoins should outperform. Injective has been one of the outperforming alts all thru the previous market regime. The technicals now:
- Day MACD has reversed from the oversold zone and uptrending, histogram going upward
- on the 4H TF MACD has already reversed from the oversold zone and about to cross MACD downtrend.
- lower bound of the range is at 30.23, limit order at 30 even, with strong support at 29.311
- Day MACD has reversed from the oversold zone and uptrending, histogram going upward
- on the 4H TF MACD has already reversed from the oversold zone and about to cross MACD downtrend.
- lower bound of the range is at 30.23, limit order at 30 even, with strong support at 29.311
Order cancelled
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