#INJ/USDT#INJ
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 9.54.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 10.00
First target: 10.32
Second target: 10.64
Third target: 11.00
Injbtcshort
#INJ/USDT#INJ
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 8.25.
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 8.58
First target: 8.80
Second target: 9.03
Third target: 9.31
#INJ/USDT#INJ
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly, and retest it
We have a rebound from the lower limit of the descending channel, this support is at a price of 12.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 14.60
First target 15.57
Second target 16.77
Third target 18.22
INJ SHORT IDEAhello everyone. i just checked injbtc pair and i saw a paralel channel. reisistance and demand zones seems clear. so , we can try if price comes to reisistance short position, otherwise from demand zone long position. i have not entered the short position yet, i hope price takes me, but if it dropp to the bootm ill try long posiiton from bottom side.
enter: 0,00031109
stop: 0,0003253
target: bottom of channel, around 0,0002141