$INJ SHORTBINANCE:INJUSDT has failed to close at least a 12hour candle above $7.4 which is the pivotal level in the last few weeks. Support flipped into resistance.
I’m expecting a move towards $6.7 in the coming days.
INJUSDT
INJUSDT at daily support, long favorable as bounce is likelyHere is a long trade idea for INJUSDT. The price has hit the daily support. This support I believe will hold for a while at least and provide some bounce favoring a long trade. The price has currently bouncing from the top of the support zone. However, its possible that the price will tap further into that zone. I will allocate some size here and some later when the price dips into that zone deeper. There are two resistances on the way up which are relevant for this trade. One is hourly resistance HR1 and another one is 4h resistance 4HR1. I think hourly will resist the price but will give the way for the price to move up to the 4h resistance after a bit of struggle there. Therefore, some profit booking at that hourly resistance is recommended. And if everything goes as planned then the price should hit 4h resistance 4HR1 and in turn concluding our long trade idea. Lets see how it goes.
$INJ Looks not Good Ready for DownwardThe trigger is a rejection & LTF retrace after
RSI has obviously peaked, ADX is rolling over.
#INJ price can make a higher high within my Sell/Take Profit Zone creating a classic Bearish Divergence
SasanSeifi 💁♂️INJ👉1D🔻 6.50$ / 5.50$Hey there! In the daily timeframe, as you can see, the trend fluctuates within the price range of $5 and $10.
▫️ Currently, it's trading around the $7.20 price range. The expectation we can have is for the price to continue towards the price range of $6.50 and the support zone of $5.50 with a corrective trend. To better understand the continuation of the upward trend, it's important to observe how the price reacts to the support levels during this correction. Otherwise, if the price manages to break above the resistance level of $8 and establishes itself, we might witness further growth towards the $9 price range. For now, the trend appears to be corrective.📊
🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️✨
❎ (DYOR)...⚠️⚜️
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INJUSDT long ideaIts looking like a consolidation after an upward move on smaller time frame. The price is likely to break up after this consolidation. Probably a long is favorable here as the end of this consildation will move the price upward.
INJUSDT short ideaThe price has bounced from daily support. However, it has touched the trend line which had held the price down just before this upward move. I expect the price to pullback from here and therefore a quick short trade is favorable here.
$INJ LONGCRYPTOCAP:INJ successfully retested the breakout point and held above it nicely. A move towards $8 should be coming next, if BTC behaves ofc!
Stops below 7.1 where this idea gets invalidated.
$INJ LONGCRYPTOCAP:INJ looking good for a push to $8 short term. Horizontal and diagonal resistance flipped into support
INJUSDT at 4h support, likely to head higherThe price has come back to 4h support. It was rejected from 4h resistance 4HR2 even though it spiked above temporarily. It is likely to bounce here. I think a long is favorable here. The target of the trade should be 7.66.
INJUSDT at daily support, likely to head up towards 7.46Here is next long idea. The price has hit the daily support DS1 and likely to bounce from here providing an opportunity for a long trade. The target should be the next 4h resistance which is around 7.46.
INJUSDT short ideaThe price has broken down the daily support and moved downward. The daily support acted as a support for a while and provided a couple of bounces with the second bounce being smaller than the current one. This was an early sign for the breakdown but we were not observant enough to notice that. However, both were good for quick long trade although not upto the target. Now since, it has broken the daily support, I expect it to head towards the next daily support which is marked at DS1 around 6.96-7.15. The price still has chance to come back up to the broken daily support level but I consider it as a gone case if 4h candle already closes below as that reduces the probability drastically of the price claiming the support back. Therefore, I think from probabbility perspective, the price is likely to visit DS1 daily support insinuating short trades being favorable on bounces.
This is a short trade idea. The price has broken is likely to retrace down to daily support DS1. The price still may bounce towards 4h resistance and allows to add some size there.
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
INJUSDT likely to come down to daily support and bounceHad a look at chart too late for a short. Else was a good opportunity on retest of 4HR1 resistance. Now we look for long. Price currently at the 4h support and can see some bounce here but I think it is likely that it is coming towards daily support. A better and favorable long entry is from daily support. Lets have the target dynamic for this one but for now lets keep the 4h resistance 4HR1 as the target.
INJUSDT close to 4h support, long favorable from thereThe price is coming to 4h support zone 4HS1. It is likely that the price will bounce from there. This makes a long trade favorable from there. The price is likely to head towards hourly resistance around 7.91-7.94 zone. The target of the trade should be this zone around 7.93.
INJUSDT long trade ideaAnd here is the long trade idea I talked about in the last post. I expect the price to bounce from the green zone marked as LTF support. The target for the trade time being is 8.02. Stop loss is narrow with usual position size so risk is limited.
INJUSDT restests the daily resistance it broke, likely to bounceAnd here is the long trade for INJUSDT. The price broke upward and from the daily resistance zone DR1 and has come back to retest it. I think this level will now provide the support and therefore a long is favorable here.
40% bullish for midterm🔸Falling wedge was breaking out in 12H chart ...
🔸wait for a successfull retest to catch 10$
🔸Keep an eye on it.
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long INJCRYPTOCAP:INJ broke through the resistance level and the descending trendline. Bullish movement to $8.24 is expected to happen.
INJUSDT at daily resistance and likely to retrace hereThe price has hit the daily resistance DR1 and likely to move a bit down here. I think price should first find support on LTF support LTFS marked on the chart. A long can be favorable from there towards 7.60 zone.
INJUSDT at 4h resistance after boucing from weekly level, likelyThe price has hit the 4h resistance zone which was also the target of our long trade. The system says to short this level. I have already taken a short here towards 7.16 zone. That zone is LTF support and I expect the price to at least go down there from here.
INJUSDTBINANCE:INJUSDT SHORT Idea
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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INJUSDT Short Setup Swing Trade 📊 ** Analysis by @LuciferCryptVIP **
MEXC:INJUSDT.P
** INJ/USDT Short Setup Analysis **
📉 ** Support and Liquidity Swap Levels: **
- Buy Zone: 5.022 - 3.845
- Strong Support: 3.845
📈 ** Resistance Levels: **
- Resistance 1: 7.661
- Resistance 2: 8.285
🎯 **P otential Targets: **
1. Target 1: 6.341
2. Target 2: 5.930
3. Target 3: 5.206
📌 **Current Price: 7.079**
📊 ** Technical Analysis: **
- INJ/USDT is currently trading near a pivotal resistance level at 7.661.
- The price has exhibited consolidation, suggesting an imminent price movement.
- Strong support at 3.845 is a key level to monitor for potential reversals or continuations.
- The target levels offer potential exit points for traders, with incremental downside potential.
- Effective risk management and stop-loss strategies are recommended.
📈 ** Trade Idea: **
- **Short Position Entry:** Consider entering a short position upon a confirmed breach below the strong support at 3.845.
- **Targets:** Take profits at 6.341, 5.930, and 5.206.
- **Stop-Loss:** Set a stop-loss above the resistance level at 8.285.
🚨 ** Risk Warning: ** Trading carries substantial risk and may not be suitable for all investors. Comprehensive understanding of risks and prudent risk management are essential.
This analysis is intended for educational purposes and is not financial advice. It is essential to conduct personal research before executing any trading decisions. Best of luck!
@LuciferCryptVIP 🌟
(Note: This analysis is not financial advice. Please conduct your own research before making trading decisions.)
INJUSDTBINANCE:INJUSDT Short idea
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
