INJUSDT trade ideas
INJ, when next pump? Be carefulThe price of INJ is at the top of the parallel channel on the weekly chart. This is probably not the best time to buy INJ, I would wait a for a small pullback. Rather buy INJ in March / April and buy some other coins because INJ is going to go sideways. From the Elliott Wave perspective, we are waiting for the final wave (5). We are in wave (4). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Injectvie Labs is the research and development company that first began contributing to Injective Protocol.
Eric Chen is the co-founder of Injective Labs. Prior to founding Injective, he worked as a cryptographic researcher and trader at a major crypto fund where he led innovative market neutral trading efforts in the blockchain space as well as investments into prominent companies such as 0x, ChainLink, and Cosmos. Chen has extensive knowledge about blockchain protocols and traditional finance along with a native understanding of both eastern and western blockchain-based protocols and communities.
Albert Chon is the CTO of Injective Labs. He graduated with a Bachelor’s and Master’s degree in computer science from Stanford University and was a software development engineer at Amazon. He is well known for pioneering a new Ethereum standard that is used by a number of major projects today and co-founded Injective Labs with Eric Chen. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
INJ Ready To Go !Price is currently trading below a downtrend line.
Every time price has touched this trendline, it has experienced a sell-off.
Price is now approaching the trendline again, and after 3 previous touches and sell-offs, it appears that the trendline may be has weakened
Therefore, a breakout of the downtrend line and the 25.2 level can be expected.
If this occurs, we can target higher levels such as:
29 dollars for the first target
35.9 dollars for the second target
Please note that the 4-hour candle close is our confirmation criterion.
This analysis is not financial advice.
📈🔍 INJ Trading Plan 🔍📉Market Observation:
Considering a long trade on INJ, with a safer option to wait for BTC to surpass the $60,000 level before entering.
Trade Setup:
Entry: $22.50 - $26.00. Alternatively, wait for BTC to break $60,000 before entry.
Take Profit: $30.00 - $32.50 or $39.00 - $41.50.
Stop Loss: Just below $22.00.
Risk Management:
Utilize a stop loss just below $22.00 to manage potential losses.
📈💡 Trade Strategy Rationale:
Anticipate a bullish move in INJ, targeting profit levels aligned with resistance areas.
🔄📊 Stay attuned to BTC's movements for trade entry adjustments! #INJTrading #CryptoAnalysis 🚀🌐
Should we Buy INJ now?Every coin is down nearly 60 or 70% from its ATH made in March month.
●INJ is in the best buying area whu? because it's inside the Weekly FVG , When market trade down into the HTF FVG and we are in a bull market we buy whenever we are in FVG.
●Month of May is for buying and almost every best altcoin is down 60%.
●End of dump
INJ TO A NEW LEVELHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
INJ TO A NEW LEVEL. 📚
👉As we can see price broke below our lower bound of this range, We are now in a new level, price is making new lower lows.
👉Meanwhile, our first massive zone, is the marked one, an aggressive movement formed sign of high liquidity over there. Moreover, as the price will be approaching this zone, and as per my trading plan, i will be zooming into lower time frames, to be looking for new longs as a correction movement.
Unless price managed to trade again higher till around our resistance zone, then we will be looking for new shorts instead. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
INJ Macro Outlook 100x Mover?INJ is another asset that when price reached a bottom in December pumped abnormally hard compared to its peers. Average bounce off the bottom has been 100-300% aside from a few outliers and INJ at 730% is certainly one of them.
This is a weekly chart and looking at the wave trend oscillator the weekly is deep and attempting to confirm this week and money flow is rising. IF IF IF the general crypto market pushes up as a whole expectation is this and many others will follow.
The reason for a macro out look on INJ is the abnormally high bounce it has had since bottom as the assets that bounce the hardest are signaling they have been noticed and buyers are participating more than the rest.
For targets there is another chart attached for local swing trades and this more to highlight the macro environment created by the past buying and selling behaviors and possible expectations farther out into the future.
One concerning thing on the weekly is since its pump price has not pulled back as far as it did with its peers. This could also be considered extremely bullish IF the market pushes up as a whole but also leaves the question of is truly ready at the current levels.
Taking a measured move from the last macro low would put price at the all time high approximately 270% higher than the current price.
If we acknowledge the potential reverse head and shoulders pattern target would be another 1300% higher and putting INJ in the 100x club or at least near too it. Happens.....
Trade Well.....
There will be a video explanation available later today of this macro chart along with CFX. Seek and ye shall find....
INJ : M-Pattern, BEARISH📉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 the dash-diagonal trendline (white) will also be an extremely bearish sign.
Considering that this is the weekly timeframe, it may take some time for the price to move towards the lower support zones, depending of course on how hard the alt-market continues to dump.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:INJUSDT.P
$INJUSDT* Adjust your leverage accordingly. Max 3x
* Huge falling wedge
* ASY 1D Buy signal
1HR Bullish Signals:
Bullish MACD cross
Spinning Top candlestick pattern
3D Bullish Signals:
StochRSI is oversold
Closing Marubozu candlestick pattern
Morning Doji Star candlestick pattern
Morning Star candlestick pattern
I'll show you where to buy! INJIf you are an INJ lover, i am posting this chart just to show you where you can some INJ to your bag. $25 is a good point to add and to enter long on leverage. This is a key point that, if will got touched, will let INJ to start a bull run till $72, and i expect that price to be reached this year. Just like and share my chart if you appreciate my job!
INJ Perfect buy planI posted an ideas with a buy limit on INJ at $25 some weeks ago. Some people called me crazy because Injective was at the top and $25 was looking an impossible target. But here we go, my buy limit go trigger and now we are already in profits. We can target new ATH in the next months
#INJ/USDT#INJ
We have a head and shoulders pattern on a 4-hour frame, the price moves within it and adheres to its limits well, and we are in the process of forming the right shoulder.
We have a major support area at $20
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that has been broken to the upside
Entry price is 24.00
The first goal is 27.00
The second goal is 30.00
the third goal is 32.90
INJ/USDT Chart Hi, I am back posting, hope you enjoy the content and don't forget to like and follow.
I posted an idea in August when INJ was at 7$ and look at the adventure we had. I believe that INJ has the potential to go up much more in the following weeks. I also believe this the best time to post this analysis because the coin just corrected from the overvalued RSI in the weekly chart and at the moment I consider INJ a safe buy.
We also had a macro correction this week when crypto and stocks were down, so we had plenty of opportunity to invest. Both institutional investors and retails are hoping for interest rates cuts in the next months, so stay tuned for updates.
Comment your thoughts in the comments.
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 :)
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