INJUSDT trade ideas
INJUSDTINJUSDT is trading under declining trendline and now creating a local support in the form of minor range. as the price action indicating the pause in sell pressure.
If the bulls become able to break the range and declining trendline , it will be fine buy setup.
INJUSDT 05/09 MovePair : INJUSDT ( INJ / U.S Dollar )
Description :
Bearish Channel in Short Time Frame and it is Rejecting from the Strong Support making Consolidation Phase , If it Breaks the Upper Trend Line then Buy and if it Breaks Lower then it is Possible that it will Reject from Daily Resistance
Injective Bearish & Bullish Potential Moves for next weeks.Injective Bearish & Bullish Potential Moves for next weeks.
We have major bearish chart pattern which is must shorted if 5.5x levels lose
otherwise we can follow current up-trend upto 12-14$ levels.
All info on chart, enjoy.
$INJ 2 simple triggers for intra day scalpingCRYPTOCAP:INJ 2 simple triggers for intra-day scalping
the trigger will be sweep and reclaim.
INJ MIDTERM Trade SetupI will BUY this coin if price come in this zone. It might be good zone for buying
#INJ back to 3$? INJ had a very strong support level at 7.6$ where it couldn't manage to stay above, breaking below, leads the coin towards to M FVG at 5.6$ as a magnet
Where either the coin will bounce to retest the resistance line at 6.66$ which currently tries to be a support. And we will see a bear reaction, in this case coin may drop lower to 3$ (n.1)
Or after the bounce from M FVG #INJ will bounce and break through 6.66$ level to continue ascending move towards to 7.6 - 8.6$ (n.2)
INJUSDT's Bullish Potential: Awaiting the Decisive Breakout💎 Today, we're turning our focus to the #INJUSDT chart, where a distinct bounce from the Fibonacci support has caught our eye. If you glance at the chart, you'll notice the 427.2% Fibonacci level was decisively repelled on August 23. This bounce catalyzed a brief rally, propelling the price towards the 227.2% Fibonacci resistance, which coincidentally aligns with the significant $8.00 mark.
💎 Interestingly, this Fibonacci resistance dovetails with the Volume Profile resistance, marking it as a pivotal juncture for #INJ. Currently, the price is oscillating between these support and resistance thresholds. A decisive breakout, either upwards or downwards, is essential to forecast the next phase of price movement.
💎 On a side note, we've observed an upward breach of the descending channel, lending further weight to a potential bullish trajectory. However, it's a precarious time for bullish traders. The optimal strategy might be to bide time, awaiting a surge past the $8.00 barrier and the descending trendline. A clear breach of these markers would underscore the bullish momentum. Until then, our primary task is to vigilantly track any breakout, regardless of its direction.
Injusdt - 3 optionsI've mapped out three scenarios.
I set alerts and wait for the price to come.
what options do you have?
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
$INJ SHORTBINANCE:INJUSDT has failed to close at least a 12hour candle above $7.4 which is the pivotal level in the last few weeks. Support flipped into resistance.
I’m expecting a move towards $6.7 in the coming days.
INJUSDT at daily support, long favorable as bounce is likelyHere is a long trade idea for INJUSDT. The price has hit the daily support. This support I believe will hold for a while at least and provide some bounce favoring a long trade. The price has currently bouncing from the top of the support zone. However, its possible that the price will tap further into that zone. I will allocate some size here and some later when the price dips into that zone deeper. There are two resistances on the way up which are relevant for this trade. One is hourly resistance HR1 and another one is 4h resistance 4HR1. I think hourly will resist the price but will give the way for the price to move up to the 4h resistance after a bit of struggle there. Therefore, some profit booking at that hourly resistance is recommended. And if everything goes as planned then the price should hit 4h resistance 4HR1 and in turn concluding our long trade idea. Lets see how it goes.
$INJ Looks not Good Ready for DownwardThe trigger is a rejection & LTF retrace after
RSI has obviously peaked, ADX is rolling over.
#INJ price can make a higher high within my Sell/Take Profit Zone creating a classic Bearish Divergence
$INJ Short OpportunityOn Daily TF we have a lot of bearish confirmations
Two Order blocks
On H4 we have a bearish engulfing candle
SasanSeifi 💁♂️INJ👉1D🔻 6.50$ / 5.50$Hey there! In the daily timeframe, as you can see, the trend fluctuates within the price range of $5 and $10.
▫️ Currently, it's trading around the $7.20 price range. The expectation we can have is for the price to continue towards the price range of $6.50 and the support zone of $5.50 with a corrective trend. To better understand the continuation of the upward trend, it's important to observe how the price reacts to the support levels during this correction. Otherwise, if the price manages to break above the resistance level of $8 and establishes itself, we might witness further growth towards the $9 price range. For now, the trend appears to be corrective.📊
🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️✨
❎ (DYOR)...⚠️⚜️
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INJ/USDTThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied
INJUSDT long ideaIts looking like a consolidation after an upward move on smaller time frame. The price is likely to break up after this consolidation. Probably a long is favorable here as the end of this consildation will move the price upward.
INJUSDT short ideaThe price has bounced from daily support. However, it has touched the trend line which had held the price down just before this upward move. I expect the price to pullback from here and therefore a quick short trade is favorable here.
$INJ LONGCRYPTOCAP:INJ successfully retested the breakout point and held above it nicely. A move towards $8 should be coming next, if BTC behaves ofc!
Stops below 7.1 where this idea gets invalidated.
$INJ LONGCRYPTOCAP:INJ looking good for a push to $8 short term. Horizontal and diagonal resistance flipped into support
INJUSDT at 4h support, likely to head higherThe price has come back to 4h support. It was rejected from 4h resistance 4HR2 even though it spiked above temporarily. It is likely to bounce here. I think a long is favorable here. The target of the trade should be 7.66.
$INJabove 200 ema on daily and vwap from local low
break downtrend and lets see if we get a deviation or a flip
stoch cross and in bullish territory
INJUSDT at daily support, likely to head up towards 7.46Here is next long idea. The price has hit the daily support DS1 and likely to bounce from here providing an opportunity for a long trade. The target should be the next 4h resistance which is around 7.46.
