INJUSDT
INJUSDT at support, likely to bounce up to 7.19The price has reached to the support and it is likely to bounce from here. Therefore, a long is favorable here. The target for the long trade should be 7.19. If this support is lost then the price is likely to head to daily support DS1 and then a long can be taken from there.
INJUSDT updated support and resistance levelsThe price has bounce from daily support DS1 and moved beyond the 4h support. It seems the price wants to head up to daily resistance DR1. This would provide a short opportunity. I think a short will be favorable from resistance zone DR1 towards the 4h support 4HS2 and may extend to daily support DS1. But lets monitor the price and we will take the trade accordingly. I will share the my setup if I take any trade.
INJUSDT long ideaThe price has come to the support zone. This may produce some bounce but not sure if that would be enough for a long trade. I will wait for the next 4h support 4HS1 for the entry if the price reaches there. Target for the trade if triggered is marked on the chart. If support 4HS1 is lost, support 4HS2 can be an entry for a long trade.
I Cannot Short This !!!👌Price finally managed to break the Bullish Flag . the price can easily reach the target after a little correction.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot
- Bullish Channel
- Bullish Flag
- bollinger band
- 5th Waves
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
INJUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a daily time frame analysis for INJUSDT.1D
We are in the daily time frame. As you can see, the price has managed to move above our resistance line and we consider that the price can move to our first resistance line after the pullback to the support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
INJUSDT likely to bounce to 7.26-7.30 from 4h supportLets play this long trade here. Probably a less riskier bet would be to long from 4HS2 level but I feel its gonna give a bounce for a long trade already from 4HS1. I will add if it goes to 4HS2. The target should be the next 4h resistance 4HR1 zone around 7.27-7.30.
INJUSDT heading for support levelsHere are the levels for support for this coin pair. There is one hourly support and two 4H support level on the way before the price can hit daily support DS1 around 6.4 zone. These support levels offers the opportunity for long trades for q quick few percent gains. 1HS1 is not that relevant but 4HS1 and 4HS2 can be good levels. And DS1 is definitely a level to long for bigger gain.
Keep an eye on $INJ/USDTBullish flag breakout is already done in 1Daily time frame, Expecting massive bullish wave.
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TradingView: @FarmanBangashh
INJ: Delving into Technical Indicators and Potential ProspectsGreetings Traders,
Today's focus is on INJ, a notable player in the cryptocurrency sector. At present, INJ's market price sits at 6.87.
Key Technical Observations
A detailed examination of INJ uncovers some noteworthy insights:
1. Relative Strength Index (RSI) and Stochastic: The RSI and stochastic read 69 and 83, respectively, suggesting that INJ may be nearing overbought conditions. While this points to robust bullish sentiment, it also indicates potential for a price correction in the near term.
2. Bollinger Bands: INJ's price is currently nearing the upper Bollinger Band at 6.821, with the middle and lower bands at 6.462 and 6.103, respectively. This proximity to the upper band could imply potential overvaluation, warranting close attention.
3. Volume Oscillator: The volume oscillator is at 12%, showing that upward volume is outpacing downward volume, often considered as a bullish sign.
4. MACD: The MACD value is at 0.055, suggesting a possible bullish trend. However, the elevated RSI and stochastic values call for vigilance against possible trend reversals.
5. Fibonacci Levels: The Fibonacci levels for the 4-hour timeframe stand at 6.063 for the 1 level, 6.373 for the 0.5 level, and 6.682 for the 0 levels. These key levels may serve as significant support or resistance points.
EMA 100: The 100-period Exponential Moving Average (EMA) sits at 6.626, potentially acting as a dynamic support or resistance.
6. Resistance Levels: There are notable resistance levels at 6.954 and 7.4. These levels are crucial to observe for potential breakouts or rejections.
Concluding Remarks
Considering these indicators, traders are advised to keep a close watch on INJ for potential trading opportunities. The interplay between price action and these technical indicators may reveal key insights into prospective market trends.
Please remember trading involves inherent risk. Conducting your own research and considering your risk tolerance are crucial before making any trading decisions.
Stay tuned for further updates on INJ and other digital currencies. Here's to successful trading!
INJ Bullish Parallel Channel🤞👀✔INJ Bullish Parallel Channel🤞👀✔
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INJ ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT theINJ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You