Injusdtperp
INJUSDT bounced well from daily supportThe price experienced a sudden drop but found the support at daily support zone DS1. The price bounced well from there providing an opportunity a long trade there. This level was already marked on the chart. In general the rule is to long the support and short the resistance. And from probability point of view the trades taken from this strategy always result in overall better winning rate (more winner trades than loser trades). This is indeed very true on the long side for a coin which is showing strength. And we talked about INJ being the strong one fro past few days. Such coins in such drop situations give the opportunity for easy money as bounces are really big on such big drops. I will long it again in case it comes back to that daily support.
INJUSDT at LTF support, may aim again for weekly resistance#INJ #INJUSDT CRYPTOCAP:INJ T he price has been consolidating all day all night under the weekly resistance. The price found support at LTF support and ranging between weekly resistance WR1 and LTF support LTFS. The price is once again close to LTFS and I expect it to aim again towards WR1. Usually such consolidation under resistance is bullish so it may be successful 8n breaking that resistnace in subsequent attempts. But lets have our aim as WR1 and we can take the long further depending on the price action.
INJUSDT Buy Setup!INJUSDT (4h Chart) Technical analysis
INJUSDT (4h Chart) Currently trading at $6.32
Buy level: Above $6.2
Stop loss: Below $5.3
TP1: $7
TP2: $7.6
TP3: $8
TP4: $10
Max Leverage 3x
Always keep Stop loss
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INJUSDT at 4h support, likely to head upAnalysis: LTF
So this one has finally hit the support zone from where I wanted to have a long trade. This support zone is important as it is an important pause the price made in this last move up from the daily support. Therefore, it is likely that this level will provide required support to push the price up. Lets see where it goes from here. The target for this trade is 6.2.
INJUSDT likely to head up towards daily resistance at 6.86-6.96This has broken the 4h resistance finally and trading above it. The next level of resistance is daily resistance DR1 as marked on the chart. It is sitting around 6.86-6.96. That is the level the price will target next. Lets look for a favorable long setup here.
INJUSDT heading towards daily supportThe price seems to be heading to daily support DS1. After bouncing from the daily support DS1, it went up till the 4h resistance zone 4HR1 and got rejected from there. After a pushback it again attempted towards this resistance zone only to meet the same fate. The price again got rejected from there and fell back down. It is currently trading between the resistance zone 4HR1 and support zone DS1. From the probability and price action perspective, it seems favorable that the price aims for the daily support. This provides a good short opportunity. The target is marked on the chart.
INJUSDT again at daily support, likely to bounce at least to 5.8The price has come to the daily support zone DS1. I think the price will bounce here. A long should be favorable here. The target of this trade should be at least 5.82.
INJUSDT at bottom of daily support, likely to bounceThe price is again at the bottom of the support zone. I have taken a long trade here. The target of the trade is 5.73. Lets see how it plays out.
INJUSDT at support likely to head to 7.25-7.29The price is at LTF support. I expect it to bounce here towards 4h resistance 4HR1. Therefore long trade is favorable here with the target 7.25-7.29. It might retrace first around 7.19 but I think ultimately this time it will touch the 4h resistance target.
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 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.
INJ possible long from hereAfter the breakout and test, a long position on INJ is possible here, with close SL
INJUSDT again at daily support, likely to aim for daily resistLets take another long from the daily support targeting the daily resistance again. This spike was due to this market not being that liquid like Binance one. But if you are not playing with very big size, not so liquid markets (provided this market is very liquid elsewhere) can be a boon as it can give you a very good entry and exit.
INJUSDT close to hit daily support, long favorable from thereThe price is very close to hitting the daily support around 6.56-6.66 zone. This support shall provide bounce to the price and make a long favorable from there. Lets watch how the price reacts when it hits that support zone.
INJUSDT on 4h support likely to head towards 7.65The price has reached 4h support and a bounce is expected here. A long is favorable here for a target towards 7.54 first and then 7.65.
INJUSDT likely to head up towards next resistance around 8.20At this level, INJUSDT is also offering a favorable long trade. The price has reclaimed the support and trading inside it. I expect the price to move towards the next resistance around 8.20.
INJUSDT on 4h support, likely to head to 8.81The price has hit the 4h support area. I would expect the price to hold and bounce from here. A long trade is favorable with a target of 8.81.
INJUSDT long positionHello bro inj is alt coin
75ma up
BB shape a rising form
TP 10.07
SP a nearby low
Short INJ from hereI see a good short opportunity from here with close SL at 9.4$ and TP at 6,8$ area..
INJUSDT.PAccording to Elliott waves, we are now in wave 3, but wave 3 is not over yet.
We expect it to correct around 6,960 to 7 dollars and continue to complete wave 3 at 9.5 dollars. After the correction of wave 4 to 5.5 dollars, it will rise to 15 dollars, which is around the end of wave 5.
