INJUSDT trade ideas
INJ/USDT Eyeing a Bullish Turn from Key Support Zone?🚀INJECTIVE💎 Paradisers, get set for an exciting trading prospect with #INJUSDT, perfectly positioned at a vital support area, hinting at an imminent bullish turn.
💎 Exploring the #INJECTIVE trajectory, we find it climbing from a critical support level of $33.98. With the price maintaining its current drive, there's a strong likelihood of initiating a bullish journey. The first milestone to watch is the resistance at $37.13, with a breach potentially propelling the price towards $41.76.
💎 If the drive behind #INJ starts to wane, anticipate a bullish resurgence from the robust demand level at $32.45. A fall beneath this point, however, might signal a significant shift to bearish territory.
Long Entry on INJUSDTOn the 15min chart, we currently have a shift in market structure to the upside; annotated by the "X-labelled trend line. At the moment, I can see a possible long entry in the ash-shaded rectangle with my entry at the top of the rectangle, my stop-loss at the bottom of the rectangle and my take-profit at the current high, having a risk-to-reward ratio of 1:2.5 .
$INJ* Bull flag (bullish continuation) formation is completed. Retested and bounced. Ready to fly.
* x3 leverage.
1HR:
Bullish trend strength: 24
ADX > 25
MA7 > MA25 > MA99
Supertrend is long
Price > Kijun Sen > Kumo
Chikou Span > Price
Kijun Sen acting as support
4HR:
Bullish trend strength: 19
MA50 > MA100 > MA200
Chikou Span > Price
Recent Chikou Span / Price Bullish Cross
MA100 acting as support
MACD > 0
Bearish reversal potential: 5
StochRSI Overbought
Bearish Kumo Breakout
1D:
Bullish trend strength: 16
MA7 > MA25 > MA99
MA50 > MA100 > MA200
Supertrend is long
Chikou Span > Price
Bearish reversal potential: 3
MACD Bearish Cross
INJ CLEAN STRUCTURE, THEN?Hello 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 CLEAN STRUCTURE, THEN? 📚
👉 As we can see price got stuck inside this huge consolidation phase or rangy market from a medium-term perspective, Rejecting our upper bound same as the lower bound as well.
Then what? 📚
👉As we knew that price might again hold our price around our upper bound, we will be looking for new shorts or any bearish reversal setup on lower time frame, Unless OfCourse price managed to be breaking above our upper bound then a movement higher would be expected
Meanwhile, if the price managed to be rejecting our upper bound, and traded lower again, we will be looking for new longs around our lower bound of this rangy market. 📚
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 will be touch $157 in long termin weekly and monthly timeframe inj in a massive impulsive waves.
after price goes higher than $45.3 which is buy side liquidity, i'm waiting for a good corrective wave and after that we might see $60 to $80.
in my opinion after touching this number we might see a massive drop to $15.1 ~ $11.58, which is a great buying opportunity for long run to finished the 5th wave to $157.
i will update chart in daily and 4h timeframe.
NFA
Fluctuation - INJBTC broke through 52000 at the beginning of this week and is standing above 57000. If you use the TSB indicator and open a long position, your profits will be further amplified.
Although BTC and ETH are rising, some tokens that led the market in the early period, such as SOL and INJ, continue to fluctuate and have not started a new rise. The token this time is INJ, let’s take a look at its current situation.
INJ is the token of blockchain Injective. Injective was originally a derivatives exchange, and later built a dedicated chain based on Cosmos-SDK. This gave great inspiration for the subsequent transformation of large exchanges such as BLUR and DYDX into chains. But what made INJ stand out in the early period of the bull market was its unique on-chain transaction fee auction system ----INJ2.0 model. The token supply is reduced through the monthly repurchase-auction mechanism. Token holders can use INJ tokens to bid for transaction fees, and then destroy the INJ obtained from the auction. Currently, 5.84m INJ have been destroyed, which puts the INJ token into a deflationary state.
Back to indicators. INJ has almost maintained fluctuations in a range in the past two months. This is in line with the application scenario of the KDMM indicator. We have marked several clearer opening points with green and red vertical lines. Currently, INJ is in the high value area of the KDMM indicator, and there is an obvious upward pin-bar on the previous candle. If bearish momentum can build, it will be an appropriate position to open a short position to capture pullback gains.
In addition, during the use of the KDMM indicator, we can see weak and strong signals. These are not trading signals, but signals that prompt subsequent potential volatility changes. Just like what we marked with rectangle. After weak occurs, it is thought that the volatility of subsequent price will most likely decrease, while strong does the opposite. You can use this information to plan the details of the trading ahead of time.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
🚧INJUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:INJUSDT
✅Today, I want to analyze INJ for you in a 3D time frame so that we can have a MID-term view of INJUSDT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
Injective Protocol may see significant price increase like previous pattern🤔
If a breakout repeats, estimate 60%+ price gain.
❗ Note that if the Flag is broken down with the power of descending candles, our analysis will fail.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Bullish Flag
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
INJ - Bullish Momentum Persists 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 INJ has been overall bullish , trading above the red trendline.
Currently, INJ is hovering around the trendline acting as a non-horizontal support.
Moreover, the 30.0 marked in green is a strong support zone.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and red trendline.
📚 As per my trading style:
As #INJ is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📈 In parallel, for the bulls to take over medium-term and start the next impulse movement that will lead to the 50.0 round number, a break above the last major high in red at 40.0 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
is accumulation done for INJ? is it ready to fly!●INJ is in accumulation zone on weekly timeframe.
●Once INJ get the Weekly candle body closing above the $40.58 that is when it will fly for $80.
●IF INJ started to dump then consider it a deviation before a huge pump.
●During a dump $29 & $26 Will be the best buying levels.
✴️ Injective - A 3,948% Bullish Wave In 544 DaysInjective definitely surprised me... This was a project that I was not aware of, so I missed the entire wave.
I am a fan of catching the bottom, low prices... "Near support."
I am not a fan of shorting, down waves or corrections, this is for experts only because there are many disadvantages for going SHORT compared to going LONG. But I use logic to approach these charts.
Whenever I see too much growth going for to long I become suspicious. Suspicious might not be the best word, more like "cautious", yes, I become cautious because the markets are unpredictable, you can never know what is going on behind the scene, you can never predict when a ~4,000% bullish wave will transform into a 5,000% bullish wave... Because it is so hard to guess when the situation is right to a see pair grow after it has grown so much, I forget about the disadvantages of the bears and I go SHORT.
Trading volume peaked January 2023. Based on Elliot Wave Theory, this would be the peak also of wave three.
The ensuing action from September 2023 through January 2024 would be wave five and the volume confirms so. From April through Sept. '23 that's wave four.
After the fifth wave comes a major correction.
Trading volume has been dropping for more than a year...
Thanks a lot for your continued support.
Namaste.
Injective- Drop to 20?BINANCE:INJUSDT is another token that has received a lot of hype this year, but, similar to LCX's situation, all this hype hasn't led to a price increase.
If we look at the chart, we can see that after breaking above the important $10 resistance level, the price sharply rose by 400%.
However, after initially surpassing $40, INJ entered a consolidation phase.
Upon examining the weekly chart, it becomes evident that rallies above $40 were met with selling pressure.
Additionally, yesterday, following a new attempt to exceed $40, the price experienced a significant drop. In my view, these are all signs of a potential reversal.
Technically, as previously mentioned, the $40 zone acts as a strong resistance while $30 serves as a clearly defined support level.
A breach below this support could drive the price down to the next support level at $25. However, given the prolonged distribution around the $40 peak, I wouldn't be surprised to see Injective fall to $20 in the long run.