INJ, back on the rise 🚀Hello everyone, here's my take on INJECTIVE (INJ) over the next few weeks.
After finding an ATH on March 13 at $53, the price has corrected by over 60%!
We're back in an interesting buying zone: OTE + Order Block weekly.
I think that, even if BTC goes for my $60700 pre-halving zone, INJ won't go any lower than the weekly Order Block on which it reacted this weekend.
I'm pretty confident that it will rise soon. When the cryptocurrency market recovers a little, the INJ is likely to perform very well (x2 to get back to the ATH)!
Feel free to put a boost on this post if you enjoyed my analysis, and tell me what you think!
Happy trading and a great week :)
INJUSDT trade ideas
INJ ANALYSIS🔮 #INJ Analysis
💲💲 #INJ is trading in a Descending Triangle Pattern. If the price of #INJ breaks and sustain the higher price then will see a pump of around $50 expecting almost 80-90% in coming weeks📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#INJ #Cryptocurrency #Support #Resistance #DYOR
INJ significant move is loading - up tp 400%Fibonacci Channel Analysis: As evidenced by the chart, the Fibonacci channel is performing effectively, suggesting INJ has the potential to reach approximately $131.
Market Observation: A significant move is anticipated; closely monitor its interaction with the EMA 200.
Initiating Trade: If a bullish trend is evident, consider initiating a long trade with a potential uptrend of 400% from $28 to $30, offering a risk-to-reward ratio of 1:15.
Profit-taking Strategy:
Secure 25% of your position at $66.
Further lock in 50% at $88.
Position Holding:
Maintain the balance of your trade with a target set at $131.
Flexibility
If a major correction is observed during the trade, it might be beneficial to increase your position.
Risk Management:
Do not exceed a risk of more than 2% of your capital in any trade.
The better you manage your risk, the less you'll lose
Long Trade Position INJUSDTTest your analytical skills in the tradingview simulator with virtual money to become a professional. In spot trading, I will specify the entry points, loss limit and profit limit for you! The conditions for entering the trade and our strategy are as follows, when you notice that the market trend is increasing and at least two green candles close above the entry point in fifteen minutes, you can enter the trade from the beginning of the third green candle. Be patient and don't rush to enter! After the price reaches the first target, move your stop loss below the first profit limit so that if the price reverses, your trade will be closed with profit. Repeat the above strategy to continue the price targets shown on the chart. If the price reaches or falls below our loss limit before the above condition, entering this transaction is invalid because it must be re-analyzed and the new entry, loss and profit limits must be determined. Note that the market trend is formed with clever tricks by the market maker, so even the most powerful analyzes may be invalidated. The only thing we can do is to surf the waves and stick to our strategy so that while taking care of our capital, Let's make a profit. These exercises will make you experience profit and loss with virtual money in the real market and improve your analysis and personal strategy. Know your fear and greed and gradually control them so that your business becomes profitable and you suffer less loss.
INJ LOOKS VERY BEARISH!It is time for INJ holders to start selling their INJs.
Wave C is over and we don't expect a new ATH for INJ.
By creating a large liquidity pool, the price intends to enter bearish wave D.
Note that the magnitude of the D wave is large and the INJ can drop and correct for months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
INJ - Holding Strong and Bounce Back ExpectedBINANCE:INJUSDT (1D CHART) Technical Analysis Update
INJ/USDT is currently trading at $31.12 and the price is currently around its well tested support zone. I'm expecting the price to bounce back from this zone. If this support zone breaks then our trade is invalid.
Entry level: $ 32.,49
Stop Loss Level: $ 27.65
TakeProfit 1: $ 36.51
TakeProfit 2: $ 39.52
TakeProfit 3: $ 44.99
TakeProfit 4: $ 53.45
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
#INJ/USDT is heading towards the major support level is 4-Hour T#INJ/USDT is heading towards the major support level is 4-Hour TF!
CRYPTOCAP:INJ needs to hold the PML $30.43 as support. I am looking for a Long position. Waiting to fill the order.
#INJUSDT's local resistance level is PDH $33.495 and the next resistance level is PWH $37.33.
INJ weekly setupINJ is displaying another long consolidation phase similar to what we saw last year. This previous consolidation was about 28 weeks. We still have another 10-11 weeks for a repeat structure here. This would put the major breakout in early July. This assumes we do not get a major BTC pump which is possible next week.
-My long term network effect targets remain
-Profit take from long-term bag at 60$ then a larger sell at 80$ then watch the fireworks
#INJ/USDT#INJ
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area and the price rebounded from it at the price of 33
We have an upward trend on the RSI indicator
We have a higher stability than Mov Average 100
Entry price: 37
The first goal is 40
Second goal 46
Third goal 51
INJ - Injecting An Impulse 💉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 INJ has been overall bullish , trading within the flat wedge pattern in red.
Currently, INJ is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong support at $31.5.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline.
📚 As per my trading style:
As #INJ approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich