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INJUSDT

INJ/USDT Bullish Inverse Head & Shoulder Pattern #INJ/USDT Technical Analysis: As of now, the INJ/USDT pair is currently trading at $5.47, which is 15% up from our previous analysis. After examining the high-time frame chart, we can see an inverse head and shoulder pattern is forming. Recently, the pair broke out of the neck line resistance, which confirms the bullish trend. The resistance now becomes support for the price action. As per the inverse H&S pattern, the target is expected to be $9.08, offering potential gains to traders. To minimize the risk, a stop loss at $4.54 is suggested for this trade. It is also advisable to close the trade if the high-time frame candle closes below the neck line support. It is important to note that this is educational content, and not financial advice. Conducting your own research and analysis is highly recommended before making any investment decisions. Join our community for more trading insights and updates, and to stay up-to-date with the latest cryptocurrency market news.
Long
by CryptoPatel
10
$INJ/USDT 1D (#Bybit) Rising wedge on resistanceInjective Protocol is entering overbought territory and could retrace down to 100EMA support, after a last push up into supply zone. ⚡️⚡️ #INJ/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (2.2X) Amount: 4.9% Current Price: 7.0720 Entry Zone: 7.1290 - 8.0450 Take-Profit Targets: 1) 5.8905 2) 4.6130 3) 3.3355 Stop Targets: 1) 9.0065 Published By: @Zblaba CRYPTOCAP:INJ #INJUSDT #Injective #DeFi #Web3 injective.com Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +49.2% | +86.2% | +123.3% Possible Loss= -41.2% Estimated Gaintime= 1-2 months
Short
by TradingOn
3
Does INJprice still have the strength to rise or fall right now?In our opinion, the price of INJUSDT is at the stage of final acceleration in parabolic growth. The completion of the 5th wave may be already around 7$, it may be around $7.50, or around $8.40. This should be closely monitored by those who hold a long position on INJUSD, as the correction may begin abruptly from the above levels. Where can the correction take place, or where are we ready to buy INJ ? In the area of 4$ in the event of a weak correction in the crypto market and 3$ and below in the event of a strong drop. In principle, all levels are equal on the chart) Use it for health and with profits) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
42
INJ/USDT RELOADED CHART Note - I'M publishing this chart again coz previous published chart of the same idea was hidden by moderators coz of house rule violation. SPOT BUY CALL (BUY & HODL) buy INJECTIVE protocol (inj) in 3 parts : 1st buy - @ 2.75 , 2nd buy 20% below the first buying price , 3rd buy 20% below from 2nd buy price stop-loss should be placed below ma 200 which is @ $1.692. take profit zone 1ST- $3.8 -$4 take profit 2nd zone - $4 - $6. always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money. Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not. Suggestion/Tip 2 - When price is moving on right way "it is always recommended to move stop-loss to profit side". If you like the idea and benefited from it please like , share & comment to keep us motivated.
Long
by EsCApetHEmAtRiCS
4
INJUSDT Consolidation and Breakout: A Technical Analysis UpdateIn my previous analysis of INJUSDT, I expressed my bullish outlook on the altcoin, anticipating a consolidation period followed by a push towards the 5.35 zone and eventually reaching 7.50. As we approach another area of resistance, I'd like to provide an update on the current situation, explore the importance of consolidation and breakout patterns in technical analysis, and discuss what we might expect going forward. Please note that I am currently on the Pacific Ocean and have limited access to services, so I apologize for the absence of an acceptable chart. Consolidation and Breakout: A Brief Overview Consolidation refers to a period where a financial instrument, in this case INJUSDT, experiences relatively low volatility and trades within a tight price range. This period of consolidation often precedes a breakout, which is a sharp price movement in either an upward or downward direction. Breakouts typically occur when a financial instrument surpasses a key resistance or support level, signaling a potential shift in market sentiment. In the context of INJUSDT, the recent consolidation and subsequent push into the 5.35 zone align with my previous bullish outlook. The breakout from this consolidation period suggests that market participants are becoming increasingly confident in the asset's potential for growth. The Road to 7.50 As INJUSDT faces another area of resistance, the key to reaching our target price of 7.50 lies in further consolidation and a subsequent breakout. Should the asset successfully consolidate around the current resistance level, it could signal that market participants are gathering momentum for another upward push. However, it's essential to remain vigilant and manage expectations, as it's possible that 7.50 may be the peak of INJUSDT's growth this year. As always, it's crucial to pay yourself along the way, locking in profits and managing risk appropriately. My bullish stance on INJUSDT and the wider crypto market remains unchanged. As we encounter another area of resistance, I believe that further consolidation and a breakout to the upside will be necessary to achieve my target of 7.50. While I anticipate this level as a potential peak for the asset this year, it's essential to remain adaptable and prepared for any market scenario. As I continue to monitor the situation and provide updates, I encourage you to stay informed, manage your risk, and capitalize on opportunities as they arise. And remember, always pay yourself along the way
Long
by bitdoctor
INJ/USDT Technical Analysis Chart ( Bullish )Welcome to my technical analysis of INJ/USDT! INJ/USDT is currently trading at $5.42, and as per my previous analysis, it has completed a 30% down move and achieved its target. I am now expecting some upward movement towards $7.5 from its current level. A good entry point for this trade could be between $5.20-$5.40, with short-term targets set at $6, $6.5, $7, and $7.5. I recommend placing a stop-loss at $4.86 to minimize potential losses. As always, it's important to keep a close eye on the market and to prioritize your risk management before opening any trades. Remember, this is not financial advice, and it's essential to conduct your own research before entering any coin trades. In conclusion, with careful analysis and risk management, I believe INJ/USDT could be a promising investment opportunity in the current market conditions. Best of luck with your trades!
Long
by CryptoPatel
1
INJ Trade Idea My thoughts on a bearish scenario for INJUSDT. After a SFP (swing fail pattern) sees price come back into range and retest the previous high as resistance, as well as BTC slowing down its rally and losing momentum, this is when alts bleed heavily against bitcoin. INJ has an almost textbook Head & Shoulders reversal pattern that's broke below the neckline. For me, if price doesn't bounce at the $3.57 mark then these are my 4 Take Profit areas i'm looking at: TP1 - top of the first bullish OB that started a very strong rally, no doubt there will be some buyers there looking to defend large positions. TP2 - The base of the OB offering a better R:R TP3 - An important DBR (Drop Base Rally) that offers a great R:R to flip long, maximising the full way down the previous rally. TP4 - For me if we are to reach this area something has to go horribly wrong with BTC, perhaps down to the 19-20k range again which is possible but I do think a 50% retrace down to this level is unlikely, however a great short move if completed.
Short
by ProR35