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INJUSDT

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
Short
by Madoir
2
Injective looks ready for bullish move🔥 🚀INJ Today Analysis💎INJUSDT is gearing up for an impressive bullish surge. Currently, it's trading within a falling wedge and is on the brink of an upward breakout. 💎Another noteworthy point is that INJUSDT is following the 1-5 Elliot Wave pattern, which could further reinforce its upward trajectory. 💎Moreover, the RSI is also signaling an upward trend, providing a strong indication of potential bullish momentum. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journe
Long
by MyCryptoParadise_Simon
INJUSDT to bounce from daily supportThe last long did not work out. We had a bit bounce from the 4h support but it was not substantial to fulfill our trade goals. However, the price has now come to the daily support. This zone is a pretty strong support zone and will provide support to the price and the price is likely to hold this level at least to allow the price to bounce good enough for a long trade. You can see on the chart that this level has held the price in past when the price hit this level several times and finally provided a good upward move. And therefore, I believe this is a good level to go long spot. The trade idea has been put on the chart but it can be adjusted as per the need. The idea is not to lose this opportunity due to just a spike on the down side.
Long
by angela_altair
WILL $INJ REACH $6 AGAIN BEFORE BULL RUN OR CONTINUE TO RALLY?CRYPTOCAP:INJ has made an explosive run upwards since the buy setup executed by $5.40 in the previous analysis on $INJ. Begs the question, will CRYPTOCAP:INJ reach $6 again? I think price will reach $6 again. Below are the confluences for my Bearish stance - Price is currently in a Weekly Rejection Block - Sell Side Liquidity has been taken on the Weekly and Daily timeframes that was at $9.58 - Retail Market Sentiment is bullish as we can see major news articles are writing about the bull market coming which is always great for an institutional trader as there is retail liquidity to raid. - Price is also in a Daily Bearish Order Block that has not been violated as yet. - There is a Fair Value Gap by $8.50 as well as another Fair Value Gap by $6.50 which the algorithm will most likely be targeting to close before another big rally. - There is Buy side Liquidity (retail buy stoploss) by $7.75 which is very attractive. We are currently in Q3 and I project that prices within the Crypto market will make their lows within this quarter in August-September before a Bullish rally begins again. N.B: If you enjoy and learn from detailed analysis like this one, do well to follow, like and share this analysis to your fellow traders. Happy Trading Pals
Short
by Evaliste