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Injective

INJ/USDT assessing key supply area? Bullish breakout ahaedYello Paradisers! Are you ready for an exciting opportunity with #INJUSDT? Let's dive into our analysis of this promising move. 💎We're seeing #INJUSDT assessing a key supply area, raising the high probability of a bullish breakout. #INJECTIVE has been following a descending resistance trajectory for a long time. Recently, after breaking above the descending trendline, the price is now testing the key supply area at $30.38. Interestingly, the price has respected this level twice, and this time we observe a weak rejection, followed by a restoration of momentum toward the upside. Here are two possible scenarios: 💎Bullish Breakout:If #INJ successfully breaks above the key supply area and sustains momentum over the EMA 200, there's a great probability the price can rise to higher resistance levels. 💎Bullish Rebound: If the price fails to break above the supply area and hold momentum, we expect a bullish rebound from the lower demand zone. Thanks to the juicy liquidity at this level, the price could plan a probable bullish move once it taps this level. However, breaking below the demand zone would cause bullish invalidation, leading to a significant price drop. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Injective INJ price in consolidation, where will it go?#INJUSDT price was one of the first to show strong growth at the end of 2023, as they say, even before it became mainstream) Maybe it will be the same now?) But for now, the #INJ price has approached a strong mirror level. And it seems to us that it would be good for it to adjust once again to $24.50. 🔼And from there, we can take the acceleration to break through and consolidate above $30, and then up to $50 is just a stone's throw away) 🔽But below $23, you need to be careful with #Injective, because a new wave of decline may begin with the final target of $12 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
INJ +100% in spot.So, #INJ has dropped by more than 50% from its recent local high of around $53. On the chart, there is a clear trend line that the price is responding well to. Additionally, we have Fibonacci support at the 0.236 level. I am considering entering a position from the current values both in spot and futures. For myself, I have chosen to use credit leverage with a multiplier of x2, as in previous ideas. Target - $50 Stop Loss - $17.5 This is not financial advice; everything you do, you do at your own risk!
Long
by neverovv
INJ Injective takes a breather? It has run nicely since the lows with incredible strength. But surely a correction will be necessary at some point. Here we have some fib confluences in the area as well as bearish divergences. Similarity to the previous occurance might lead to 40-50% correction before resuming uptrend. Surely not adivice to short here. Rather buy if hits zone in given time period --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
2
[INJUSDT] - this is why must get bullish!in 3D chart INJ still comsolidate a a massive ascending channel price now retesting the lower side of the pattern which gathering with a 0.618 fib level which making it the most important support! ... that making price must rebounding from here! - u can see the H&S pattern and clearly u can see that the pattern completed and declined to reach exact it's target most time when pattern completed and reach it's target it reverse it's direction so we expect volatility between 0.618 and 0.786 fib level in next days then get bullish. appreciating for supporting us with ur "like " and follow for more ideas, updates🎯
Long
by ceciliones
7
Injective (INJ)Injective is one of the famous pioneers of layer-one blockchain for finance, in which user can build and use the Web3 applications. Anyway, Injective also was the first (or one of the first) altcoin which started the next upward/impulse wave sooner than others; and it seems INJ is making an inverted harmonic pattern. If this harmonic pattern takes place, major correction can be anticipated. Although, there is another scenario, that is, a three waves pattern of A-B-C unfold. If this happens, INJ can continue its rise to the Fib level 1; about $50 price level. Or even a mixture of these two scenarios might happen. Let's see which scenario happen.
BINANCE:INJUSDLong
by SaeedSalehinia
INJ, when next pump? Be carefulThe price of INJ is at the top of the parallel channel on the weekly chart. This is probably not the best time to buy INJ, I would wait a for a small pullback. Rather buy INJ in March / April and buy some other coins because INJ is going to go sideways. From the Elliott Wave perspective, we are waiting for the final wave (5). We are in wave (4). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Injectvie Labs is the research and development company that first began contributing to Injective Protocol. Eric Chen is the co-founder of Injective Labs. Prior to founding Injective, he worked as a cryptographic researcher and trader at a major crypto fund where he led innovative market neutral trading efforts in the blockchain space as well as investments into prominent companies such as 0x, ChainLink, and Cosmos. Chen has extensive knowledge about blockchain protocols and traditional finance along with a native understanding of both eastern and western blockchain-based protocols and communities. Albert Chon is the CTO of Injective Labs. He graduated with a Bachelor’s and Master’s degree in computer science from Stanford University and was a software development engineer at Amazon. He is well known for pioneering a new Ethereum standard that is used by a number of major projects today and co-founded Injective Labs with Eric Chen. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
7
INJ : M-Pattern, BEARISH📉Hi Traders, Investors and Speculators of Charts📈 IF we fail to keep closing daily candles ABOVE $18, the price target could go as low as $10, even if it is just a wick. Buying orders between 10-18 could very well be filled. From a technical indicator perspective, we've received a sell signal; which is normally very reliable in the higher timeframes. Losing the dash-diagonal trendline (white) will also be an extremely bearish sign. Considering that this is the weekly timeframe, it may take some time for the price to move towards the lower support zones, depending of course on how hard the alt-market continues to dump. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:INJUSDT.P
Short
by CryptoCheck-
1
INJUSD Bottom of the Channel Up. BUY.Last time we looked at Injective (INJUSD) was 4 months ago (December 18 2023, see chart below) and gave us an excellent sell signal that hit the 30.000 Target: The price now sits at the bottom of the Channel Up and this is the most optimal buy entry for the long-term. We expect another +715% rise, targeting 150.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:INJUSDLong
by TradingShot
1
INJ - Injecting An Impulse 💉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 INJ has been overall bullish , trading within the flat wedge pattern in red. Currently, INJ is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong support at $31.5. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline. 📚 As per my trading style: As #INJ approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
4
🔥INJ Is In A Massive Channel: Remember that AI BOOM❓Injective is one of the AI-related altcoins which grew by +800% after the channel breakout. Now the price consolidating in a channel and you can buy it close to the bottom and sell at the top of the channel. The main question is at what side the channel will be broken! Additional question, if the price have enough power to grow by 700% as the continuation of the bull flag pattern? 💥 will it repeat this time? everything depends on BTC, but it has a chance to do so. like❤️ and follow Check the links and get a BONUS from me👇
by Alex_Dehtiarov
1
INJ/USDT retesting key Support bullish ride| 👀🚀INJ analysis💎 Paradisers, #INJUSDT pair, which is currently retracing and retesting a critical support level at $34.69. This level holds significant importance, and its ability to transition from a retest to a firm support could signal a potential bullish move. 💎 After successfully breaking out of a descending channel, $INJECTIVE is now poised to challenge the resistance at $41.46. A favorable retest followed by sustained strength at this level might pave the way for a bullish surge. The next target lies at an initial resistance of $47.26, with further aspirations to breach even higher barriers. 💎 However, should the price of #INJ dip below this pivotal zone, it’s crucial to adapt our strategy. We anticipate a bullish rebound from the secondary support level at $32.07. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate market fluctuations.
Long
by MyCryptoParadise
INJ pullback soon INJ over 900% without corrections. I think soon we will see health pullback BINANCE:INJUSDT Possible Targets and explanation idea ➡️Market Mood indicator we are at Sep 2021 level sentiment. Late longs will be liquidated ➡️0.5 - 0.62 lvls fib can be a fix profit zone before correction ➡️Inside this zone we got liquidity stop losses from September 2021 ➡️Based Money power indicator whales start take a profit ➡️Healthy correction can be even to 5-6$ My previous idea 2.5 Monthly fvg probably invalidated for this current moment but will be like a main zone for next bear market Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Short
by Crypto4light
1
$INJUSDT Breakout and Retest Successfully done!!!The purpose of this setup is to provide an analysis that suggests if the current market conditions are bullish or bearish, potential entry and exit points, and to identify key levels of support and resistance that might influence future price movements. It is important for the community to know that such technical analysis is based on historical data and patterns, and it does not guarantee future price movements. All investments and trades come with risk, and one should only trade with money they can afford to lose. Now we move to the analysis. What are my considered parameters for this trade? Price Action: The setup shows the priceaction of Injective in a Daily TF. There has been a recent uptrend as indicated by the price being above the 50 EMA line, which is the green curved line on the chart. Fibonacci Retracement Levels: The chart shows a clear bounce off the 0.618 level from the recent dump, which could be seen as a potential support level and which confirms as well the Fibonacci setup that we have for this Trade. Bullish Pennant Pattern: The purple lines show an ascending trendline as support trendline and a descending trendline as a resistance trendline. These two formed a perfect Bullish Pennant Pattern, from where the price broke and retested recently with the recent dump that we had in the market. All these points speak for a long trade here taking no more than a 200% TPR to reduce risk and not be greedy as well. I will keep posting follow ups and updates on this trade. Good Luck
BINANCE:INJUSDLong
by Lucas_CryptoLab