INJ/USDT - A Quick Trade#INJ/USDT #Analysis
Description
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+ Price is at the current support level and i could see price retracing back to it's bullish trend
+ I'm expecting price to hit the its resistance level
+ I see a good long trade opportunity, i'm entering with 1% Risk
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VectorAlgo Trade Details
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Entry Price: 38.0
Stop Loss: 33.9
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Target 1: 41.8
Target 2: 46.0
Target 3: 52.1
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Timeframe: 4H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
INJUSDT trade ideas
INJ - Holding strong in support and expected to bounce backAs you can see in the chart, this is the 4th time INJ is bouncing back from support and showing a bullish sentiment. We can this trend to continue and the next target for INJ is around $70
Entry level: $ 28-32
Stop loss level $ 23
Target 1: $39
Target 2: $45
Target 3: $ 59
Target 4: $ 69
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
INJ - HigherLast night we added to our INJ position at $36.50, Here's why...
Looking at price action we had a symmetrical triangle the broke out of the pattern on Feb 12th and retested the pattern on Feb 23rd before having a 67% move to the upside. What we have noticed recently is how well the strong support from that pattern has continued to hold up price (green circles). The $30-$35 range has also be a strong accumulation zone that will be looked back on from the future.
Looking at our RSI we also see a pattern forming. We have a red trendline of downwards momentum and a green trendline of upwards momentum. Recently, we just bottomed again at our green trendline. Once, we break the red trendline we will go back to new highs.
INJUSDTINJUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
INJ ready for another leg up
INJ has just broken the consolidation range of 3 months. Price now is just above the broken range and it seems that the retest is on-going.
For short-term trade, I bought at this price and look forward to selling at $74 and $99. Invalidation is when price falls back in the range (in 1D TF).
For long-term, Injective is a very promising L1 blockchain with a fast grow rate. I put in chart the list of L1 cryptos so that you can have a projection on the future position/market cap of INJ.
------ About INJ ----
Injective Protocol (INJ): A blockchain tailored for finance, facilitating DeFi applications like decentralized exchanges and lending protocols.
Unique Infrastructure: Features a fully decentralized MEV-resistant on-chain order book, supporting spot, perpetual, futures, and options markets.
Interoperability: Compatible with Ethereum, IBC-enabled blockchains, and non-EVM chains such as Solana, offering cross-chain bridging capabilities.
Advanced Smart Contract Platform: Utilizes CosmWasm for smart contract execution, enabling multi-chain transactions and automatic contract execution.
Growing Ecosystem: Supported by prominent investors like Binance and Pantera Capital, with a global community exceeding 150,000 members, fostering innovation in decentralized finance.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
$INJ #Injective Trading IdeaINJ/USD (Injective) price increased after breaking the first consolidation channel, then the second one, but on the third, we saw a small pump and the price went back inside the channel (fakeout). The money flow is going down and there is a probability of seeing a move to the downside.
INJ pullback soon INJ over 900% without corrections. I think soon we will see health pullback BINANCE:INJUSDT
Possible Targets and explanation idea
➡️Market Mood indicator we are at Sep 2021 level sentiment. Late longs will be liquidated
➡️0.5 - 0.62 lvls fib can be a fix profit zone before correction
➡️Inside this zone we got liquidity stop losses from September 2021
➡️Based Money power indicator whales start take a profit
➡️Healthy correction can be even to 5-6$ My previous idea 2.5 Monthly fvg probably invalidated for this current moment but will be like a main zone for next bear market
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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INJ/USDT Gearing up for a Bullish Momentum Again? 👀INJ Analysis💎Heads up, Paradisers! #INJUSDT is on the brink of a bullish turnaround from a crucial support level at $30.12. If CRYPTOCAP:INJ maintains its momentum here, there's a high chance for a bullish journey, given the price's historical reverence for this support, marking it as a stronghold after respecting it three times.
💎However, if the upward trajectory of #INJ falters and dips below $30.12, we'll turn our attention to a lower demand zone at $16.62, where ample liquidity promises a potential rebound.
💎Vigilance is paramount: a breach below this secondary support could spell further declines as market sentiment leans toward a sell-off. Stay alert, traders, as we navigate the shifting currents of the #Injective market.
INJUSDT short POTENTIALOf cause crypto market is bullish and INJ is still looking good for long but not at current point in the way i see the market!!!
Idea will be valid for me till daily low taken out. I would like to see another push back into original consolidation to look into position on LTF.
I dont set targets for me here first of all because i will be managing position according to my trading strategy and secondly there was no entry for me :)))
buy signalhello
as you see in indicator bellow that i believe +70% of times works.
so as i mentioned in 1D chart the price is going up.
i see the indicator showed overbought in 4D chart that i marked with a box then the price went down. so the indicator bounced back with green bars so i will buy to top of the indicator.
i see the price at 51.6 zone. 20% from 45.5 easily with 2x leverage
INJ New All Time High (Injective)This remains one of my largest holdings, and one that I have been sharing since the bottom. I have traded around my core position.
As you can see, after months of consolidating, INJ has broken out for a new all time high. This means that it is once again in a blue sky breakout. It may not come back for a retest, but conservative traders like to buy the previous highs as support in a situation like this. This is the area from around $44 to around $46.50.
First profit take INJI have decided to sell all of my staking rewards from the past year, I am also unstaking 25% of my position as the market fires up. I just feel like we are way overextended here and I am extremely up on my position. I plan on keeping this as stables on Osmosis. If the market crashes I think inj returns to 40ish.