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INJUSDT

INJUSDT TRADING PLAN; POSSIBLE LONG OPPURTUNITYInjective protocol has shown huge moves to the upside in December. It has currently pulled back around 28% from its high, and are now at strong horizontal/trendline support. Price is currently holding the 3.9 support level, and if it makes a higher high on the 4hour, we got ourselves a good entry! When you enter the trade; Take some profit at the resistance (4.8), and put stop loss at break even. Let 70-80% of your position ride! Stop loss below at around 3.8.
Long
by Norwegiantrading
6
INJ New ATH Looking Very BullishBINANCE:INJUSDT Just some charting I've been doing for INJ while anticipating a new ATH and we broke through upper resistance level today. Will have to wait for few daily candle closes to see where it will find strong support. It's been pumping very nicely and recently shown lots of bullish uptrend. We can expect some major pullback very soon as well (profit taking) and dip down 1 or 2 lower support levels (good entry/accumulate zones- guys don't be too greedy with position size). It seems it will continue in a upward trend building volume & support along the way. As you can see, trend lines are flowing perfectly. R/S lines are matching FIB lines really well. We've reached a new ATH today and from my charting, it seems we're going for a higher ATH very soon, maybe couple of hours or days. I would Target ~$2.10-$2.20 as a safe new ATH where 3 trend lines intersect. Good for profit taking before any pullbacks. I do foresee lots of resistance there and lots of profit taking leading to a big dip then consolidating and starting to climb back up to upper FIB lines. Let me know what you guys think, feedback and support is always appreciated. Happy Trading. Thanks. Cheers 🥂
Long
by CryptoHolix
✳️Injective Protocol (13/11) View + Trading Plan #INJ $INJOn October 23, INJ was strongly rejected at the 1.2$ zone and there is certainly strong selling that could push INJ back to the support just formed at 0.9$ or deeper If the 1.2$ zone is broken, INJ will easily move up to the 1.7$ zone 📈BUY- LONG -Buy close to 0.9-0.95$, stoploss if B 📉SELL-SHORT -Sell: 1.15-1.2$, stoploss if A -Sell: 1.7-1.75$, stoploss if A ♻️BACK-UP -Sell close to 0.9-0.95$ if B, stoploss if A -Buy: 0.65-0.7$, stoploss if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation