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INJ / TetherUS

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INJUSDT trade ideas

WILL INJECTIVE RETEST KEY SUPPORT?As you know from reading this newsletter, Injective was a leader in the altcoin rally, making a fresh new all time high before any other major coin. This is one of my largest holdings, still, even after selling some over the past few weeks. It has never come back down to test the previous all time high as support, at $25.31. I have NO IDEA if it is going to make it back down, or if support will hold if it does… but that is an area that I have bids to add a bit more to my position. A retest of a previous all time high as support is a great technical entry.
Long
by ScottMelker
INJ will have a drop aheadinj has momentum weakness and has recently accumulated two cash pools and has a high chance of dropping. A liquidity pool can be seen at the bottom of the chart, and below this liquidity pool is the LSH (long shadow) range, which is a good indicator. I specified the targets on the chart. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
INJECTIVE|The beginning of the BEARISH trend?Hello guys, I hope you are doing well. Have you seen Bitcoin? I hope you have used it. Let's check the ING currency, the four-hour time is inside a trending range, it has tried several times to stabilize higher ceilings, but was unsuccessful, now it has fallen again when it reaches the four-hour supply area and has entered the form of a descending channel. It is registering lower highs and lower lows, on the other hand, Bitcoin has fallen, which is not without effect. Currently, the four-hour demand area has stopped ING from falling, if this area is broken down, the selling pressure will increase and it can easily fall to the $29 and $19 targets. Pay attention to the demand area (32.20-33.80), by breaking this area, look for selling positions.
Short
by Golden_Star1994
INJ GOT STUCK 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 GOT STUCK! 📚 👉As we can see price got stuck inside this rangy market, where the price made clean Equal highs and lows as well. 👉Then as per my trading plan, i will be waiting for the price to be approaching our lower bound of this range lining up with a strong round number, where we will be looking for new bullish movement from a short-term perspective. 👉Unless price managed to trade again higher to be approaching our upper bound of this range lining up with our previous major highs, where we will be looking for new bearish movements from a shorter-term perspective. 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!
by Hadi_karaali
Inj/Usdt Showing Signs of Potential Breakout Opportunity The Inj/Usdt trading pair appears to be indicating a potential breakout, with an increased chance of success. While it's important to note that the following analysis should not be considered as financial advice, it aims to provide an overview of the current situation and potential bullish move if a breakout occurs. Breakout Possibilities: Inj/Usdt has been attempting to break out recently, demonstrating strong signs of upward momentum. At present, there is a likelihood of an 80-90% chance of a breakout happening. Should this breakout materialize successfully, a price surge of 20-40% is plausible. Risk Disclaimer: It's crucial to emphasize that the information presented here should not be interpreted as financial advice or a definitive forecast. The cryptocurrency market is highly volatile and unpredictable, often influenced by multiple factors beyond technical analysis. Any investment or trading decision should only be made after conducting thorough personal research and consulting with a professional financial advisor. Conclusion: In summary, the Inj/Usdt trading pair is indicating a potentially favorable breakout scenario, offering the possibility of a significant bullish move. Nonetheless, it is essential to exercise caution and perform individual due diligence before making any investment decisions.
Long
by Crypto-By-Ghazi