#INJ The price is moving in a descending channel on the hourly frame and we are about to break it We have a bounce from a major support area in green at 14 We have an uptrend RSI that has been broken upwards We have a trend to stabilize above the 100 moving average which supports the upside Entry price 18.00 1st target 21.00 2nd target 23.32 3rd target 26.09
We talked in dec 2023 about a good entry from WS1 if we get that while we were trading around ATH. The price did pull back after pushing a bit higher from there in march 2024 and came back to weekly support WS1 in following months. This support provided a good bounce as we can see and the price is currently trading significantly above from that support level....
📉Hi Traders, Investors and Speculators of Charts📈 IF we fail to keep closing daily candles ABOVE $18, the price target could go as low as $10, even if it is just a wick. Buying orders between 10-18 could very well be filled. From a technical indicator perspective, we've received a sell signal; which is normally very reliable in the higher timeframes. Losing...
INJ ~ 4H #INJ There are two important resistances for CRYPTOCAP:INJ , Awaiting Retest and opening Short. This is only for the short term. Target : $23 - $20 - $18
Daily bullish pennant(purple) target is around 37,82 but weekly PRZ would probably be around 44,84 which would be a perfect place for shorts finally taking control. Because yellow symmetric triangle target will be complete at the same time with probable 1st wave inside of 3rd wave major count.
The price has hit the 4h resistance 4HR1 and it is already experiencing a pullback. It is likely that the price will visit 4h support 4HS1. Therefore, a short trade is favorable from 4h resistance 4HR1. The price has already been pushed down from that resistance, therefore, we will add the position slowly as the price will move up towards the resistance again.
INJ currently in consolidation mode If you want to take a take a long term trade, then my recommendation is to wait for break out from one of the boxes you can see on the chart I believe that the coin will show its strength once BTC finds its bottom and starts to pumping. On lower TF you can try to take scalp shorts and longs, but if we see that the coin...
The price is heading southward. The next support is the daily support DS1. This support is sitting around 7.10-7.13. It is likely that the price will hit this zone on this drop. There is a weekly support sitting below this daily support 6.91-7.03. There is a possibility that the price may hit that before a bounce but I think daily support will provide some bounce...
The price fell down below the 4h support but bounced strongly from 7.27 zone. Now the price is at hourly resistance and I expect a pullback here. This pullback may extend till 7.35-7.36 area. Therefore, a short trade is favorable here with a target to 7.35-7.36.
Here is a short idea for INJUSDT. The price is facing resistamce at the level marked on the chart as HR1. It has retested this level and reversed from that zone. The price may attempt that zone again and likely to move down again. Therefore, a short trade is favorable here with a target towards 4h support 4HS1.
The price broke down further after losing the daily support. However, it bounced well and tested 4h resistance 4HR1. The price was rejected from that resistance on several attempt sand now the price has made the next attempt. Although it is repeated attempt, the probability is still in favor that it will be rejected again, and therefore a short is favorable....
INJ had a very strong support level at 7.6$ where it couldn't manage to stay above, breaking below, leads the coin towards to M FVG at 5.6$ as a magnet Where either the coin will bounce to retest the resistance line at 6.66$ which currently tries to be a support. And we will see a bear reaction, in this case coin may drop lower to 3$ (n.1) Or after the bounce...
The price has bounced from daily support. However, it has touched the trend line which had held the price down just before this upward move. I expect the price to pullback from here and therefore a quick short trade is favorable here.
The price has broken down the daily support and moved downward. The daily support acted as a support for a while and provided a couple of bounces with the second bounce being smaller than the current one. This was an early sign for the breakdown but we were not observant enough to notice that. However, both were good for quick long trade although not upto the...
BINANCE: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....
BINANCE: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....
The price retraced from 4h resistance and has bounced again. However, I think this is a nice setup for short trade. The price should come back to hourly support around 9.29-9.33. Lets target that.