INJUSDT Next target $80??INJ/USDT is showing signs of a breakout from resistance, aiming for the $80 mark with expectations of doubling returns within this range. For those considering an investment strategy, buying and holding INJ/USDT appears promising amid the resistance breakout. Traders eyeing this opportunity should closely monitor the upward momentum and potential for substantial gains in the near term.
ROSEUSDT (1W Chart) Technical analysis
ROSEUSDT (1W Chart) Currently trading at $41.5
Buy level: Above $41
Stop loss: Below $32.5
TP1: $45
TP2: $55
TP3: $65
TP4: $80
Max Leverage 2x
Always keep Stop loss
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INJUSDT trade ideas
INJ/USDT Keep an eye! Could INJ Break out the Bullish Pennant ??💎INJ has recently exhibited notable market dynamics. After making a strong bounce from the support trendline of the Bullish pennant pattern, INJ is now approaching the resistance area.
💎 A successful breakout above this resistance could potentially lead to a breakthrough of the pattern itself, paving the way for INJ to revisit its all-time high resistance levels.
💎 However, if INJ fails to breach the resistance and experiences rejection, the price may retreat back towards the support trendline within the channel.
💎 Failure to sustain and rebound from the support trendline could signal further downside potential, with the price potentially targeting the support area.
💎 The support area represents the final line of defense for the Bullish trend of INJ. A bounce from this level is crucial, as a breakdown could lead to a significant downward movement towards the Bullish Order Block (OB) area, which presents an attractive long-term buying opportunity.
🎮📉 INJ Analysis 🚀💡📊 Chart Observation:
INJ has retraced to test the bottom of the two-month range area of support.
📉 Trade Strategy:
Laddering In: Planning a long spot trade between $28.50 - $31.00.
Profit Target: Aiming to take profit at the top of the range resistance area of $42.00 - $45.44.
Stop Loss: Set just below $28.00.
🚀 Market Sentiment:
Belief in the gaming narrative primed for an upside rally, with INJ as a potential performer.
🚨 Note: Market conditions may influence outcomes.
Game on!
🎮📈 #INJ #CryptoTrading #GamingCoins 🚀💡
INJUSDTStarting to think this is as low as we push for inj
sol outage good news for alt l1s and inj is probably pushing for 3rd most used alt L1
eth/sol/inj?
sei tia still in naisency and i just dont think theres that many users on any of the other l1s
eth l2s different story entirely
anyways its tagged its 2nd last take profit from the bearish harmonic and the 3rd would take a black swan btc event which still could happen but it doesnt really look like it rn..
etf liquidity too high?
or banking contagion spreads through tradfi?
“There are only patterns, patterns on top of patterns..."No financial Advice.
“There are only patterns, patterns on top of patterns, patterns that affect other patterns. Patterns hidden by patterns. Patterns within patterns.
If you watch close, history does nothing but repeat itself.
What we call chaos is just patterns we haven't recognized. What we call random is just patterns we can't decipher. What we can't understand we call nonsense. What we can't read we call gibberish.
There is no free will.
There are no variables.”
― Chuck Palahniuk, Survivor
Injective- Bulls need to maintain 30 intact2023 has been an incredible year for BINANCE:INJUSDT , with the coin witnessing a 45X rise and experiencing strong upside acceleration since October.
However, following the peak at 45 early in the year, InjUsdt began to correct and has lost around 30% of its value.
Currently, the price hovers just above the crucial $30 support level. A breach of this support could potentially expose downside targets at $25 and $20.
Trade signal | Injective Protocol (INJ) setup for upto 23% pumpHi dear members, hope you are well and welcome to the new trade setup of Injective Protocol (INJ) with US Dollar pair.
Previously after the completion of bullish Gartley INJ produce, almost 570% massive rally as below:
Now on a daily time frame, INJ has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
INJUSDT - Opportunity during triangle formation and breakout#INJUSDT (4H CHART) Technical Analysis Update
INJ is currently trading at 34.42 and showing a triangle formation pattern. Currently it's bouncing back from the support level, we can expect the price to reach the next resistance of the triangle at around 37.5, you can exit the trade if you are looking for scalp trade.
We can expect some correct after hitting the 37.5 level and then bounce back to break the triangle.
Second resistance is at 39$ range and 3rd resistance is at 44$
Long Entry level: $ 33 - 34
Stop loss: below $ 31
Target 1: $ 37.5
Target 2: $ 39
Target 3: $ 44
Max Leverage: 5x
ALWAYS KEEP STOP LOSS.
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Short INJINJ made a great performance in 2023. If BTC continues to shows weakness at key resistance ($48000), INJ would start correcting more deeply.
Indeed, in 2D-TF, RSI and CMF indicators had already broken (down) their trendlines. Moreover, bearish divergence can be also observed.
As a result, a Short set-up is as in chart.
In weekly TF, here is my view: INJ is under the resistance trendline.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.