Inj / usdt levels with clear invalidation

By mihaibrandi
Updated
Bulish on this chart, range play for now
I have entered at 25% level, will add more IF it breaks 50% level and holds above.
The 50% level - resistance expected, but I think the momentum is strong.
Take profits at important levels!
Also, I think entire crypto space will see some relief here, if spx just takes the lows of June and goes up again. If not, we have SL in place and use good risk management.
GL traders!
Trade active
Forgot to mention, now is not a good time to enter the trade, watch out and enter if a retrace to 25% will take place or at 50% level with invalidation below the dashed lines!
Sotchastic is in overbought area, so is possible to have a retrace or consolidation at 50% area.
Trend Analysis
mihaibrandi

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