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INJ / TetherUS

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INJUSDT trade ideas

INJ/USDT assessing key supply area? Bullish breakout ahaedYello Paradisers! Are you ready for an exciting opportunity with #INJUSDT? Let's dive into our analysis of this promising move. 💎We're seeing #INJUSDT assessing a key supply area, raising the high probability of a bullish breakout. #INJECTIVE has been following a descending resistance trajectory for a long time. Recently, after breaking above the descending trendline, the price is now testing the key supply area at $30.38. Interestingly, the price has respected this level twice, and this time we observe a weak rejection, followed by a restoration of momentum toward the upside. Here are two possible scenarios: 💎Bullish Breakout:If #INJ successfully breaks above the key supply area and sustains momentum over the EMA 200, there's a great probability the price can rise to higher resistance levels. 💎Bullish Rebound: If the price fails to break above the supply area and hold momentum, we expect a bullish rebound from the lower demand zone. Thanks to the juicy liquidity at this level, the price could plan a probable bullish move once it taps this level. However, breaking below the demand zone would cause bullish invalidation, leading to a significant price drop. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
INJECTIVE Head and Shoulders Just a quick trade set up that could be a good LONG to take. Price looks to have printed an inverse Head and Shoulders which looks like a bullish reversal. Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted. Using a price forecast that is a mirrored copy of the move down I think that if BTC behaves we should see something similar with incremental take profit points on the way up. Clear invalidation is a clean break below the head of the Head and Shoulders pattern.
by ProR35
INJ Turning Bullish?If you have been here a while, you know that we rode this coin from the lows to new all time highs this cycle. Well, it appears to be revving up again. Trading Alpha shows squeeze shading (orange), grey dots and a fresh buy signal arrow, all above the track line. You should absolutely be using Trading Alpha, it’s an incredible indicator (25off for discount, if you are looking to grab the suite). You can also see that this token has been consolidating sideways, with resistance at $29.85. I want to see price closing above that line (we are below now) to confirm this breakout. If that happens, I see no reason this cannot reach the all time high again around $53.
Long
by ScottMelker
Injective INJ price in consolidation, where will it go?#INJUSDT price was one of the first to show strong growth at the end of 2023, as they say, even before it became mainstream) Maybe it will be the same now?) But for now, the #INJ price has approached a strong mirror level. And it seems to us that it would be good for it to adjust once again to $24.50. 🔼And from there, we can take the acceleration to break through and consolidate above $30, and then up to $50 is just a stone's throw away) 🔽But below $23, you need to be careful with #Injective, because a new wave of decline may begin with the final target of $12 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
INJUSDT Long Trade SetupCurrent Situation: Price Level: INJUSDT is currently in a range that provides a favorable entry point for a long spot position. Trade Strategy: Entry Point: Enter a long spot position between $25.50 and $26.00. Take Profit Targets: First Target: $30.00 - $32.00 Second Target: $39.00 - $41.50 Third Target: $49.00 - $53.00 Stop Loss: Set just below $22.50 to manage risk. Summary: INJUSDT is presenting a solid opportunity for a long trade within the $25.50 to $26.00 range. Set your take profit targets at $30.00 - $32.00, $39.00 - $41.50, and $49.00 - $53.00. A stop loss just below $22.50 will help protect against downside risk.
Long
by Richtv_official
INJ/USDT 175% Potential Rally ahead!🚀 INJ/USDT Technical Analysis by Cryptorphic 🚀 - Price at Time of Analysis: $26.111 - Key Support Level: $25.451 - Resistance Levels: - Short-term: $29.069 - Major: $30.512 - Long-term target: $69.785 - $70.007 🔹 Chart Patterns: - A breakout from the descending wedge pattern. - Potential bullish movement towards the long-term target indicated in the green zone. 🔸 Moving Averages: - The price is currently below the 100-day moving average (purple line), suggesting a potential bullish trend continuation if it breaks the level in the coming days. This scenario is highly likely. 📈 Forecast: - Expecting a price surge towards the $70 range, as depicted in the chart. - Watch for price action around the major resistance levels for confirmation. Do hit the like button if you like it and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
INJ Ready For A Move Back Up?Crypto markets have had some time to cool off and most assets have formed what is HOPEFULLY reaccumulation ranges. This is a daily chart for INJ. Price has pulled back to the macro trend line, broken structure to the upside, pulled back 50% and appears to be finding support following the momentum curve. Potential Targets: An ABC mearsured move target aligns perfectly with the golden pocket and value area low for a 25-30% increase. There is also a reverse head and shoulders style range forming with a target of the value area high. Nice and proportional. Looks ready or awfully close if continuation is in the future. Invalidation will be a brake and rejection off the trend line. Trade Well.... Your Friend, Degen
Long
by Degen-Dynasty
INJ in 2D CUMULATE and 4h Adam and EVE accumulation pattern When looking for potential laggard plays I like to try and find patterns of accumulation or distribution INJ : In accumulation, I often look for an equilibrium pattern that happened after a big move on whatever timeframe makes the most sense and has the most clarity! In this case, we are on the two day timeframe. I look for a stop hunt of that range EQ low in that case. this is circled in my chart that a large fund or larger trader needs to find liquidity and the liquidity is always inside the retail stops. This is what makes trading hard, because as a beginner, you learn to have your stops at these levels. Often in equilibrium patterns, this can be a valid strategy. But we're looking for accumulation or distribution you want to see that stop hunt. And you can see that on the two daytime frame Then if you look at the four hour now after a back test of this entire range from April and May, it is starting to show another type of accumulation pattern, so-called Adam and Eve pattern. If you can catch the lows of a pattern like this off of the four hour timeframe, you have a tighter stop with less risk and potentially you catch the weekly or the monthly higher low.
by ChartmanChris