INJUSDT trade ideas
INJUSDT short ideaThe price has broken down the daily support and moved downward. The daily support acted as a support for a while and provided a couple of bounces with the second bounce being smaller than the current one. This was an early sign for the breakdown but we were not observant enough to notice that. However, both were good for quick long trade although not upto the target. Now since, it has broken the daily support, I expect it to head towards the next daily support which is marked at DS1 around 6.96-7.15. The price still has chance to come back up to the broken daily support level but I consider it as a gone case if 4h candle already closes below as that reduces the probability drastically of the price claiming the support back. Therefore, I think from probabbility perspective, the price is likely to visit DS1 daily support insinuating short trades being favorable on bounces.
This is a short trade idea. The price has broken is likely to retrace down to daily support DS1. The price still may bounce towards 4h resistance and allows to add some size there.
INJUSDT likely to come down to daily support and bounceHad a look at chart too late for a short. Else was a good opportunity on retest of 4HR1 resistance. Now we look for long. Price currently at the 4h support and can see some bounce here but I think it is likely that it is coming towards daily support. A better and favorable long entry is from daily support. Lets have the target dynamic for this one but for now lets keep the 4h resistance 4HR1 as the target.
INJ Sell Trade. Here is My Study on INJ.
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INJUSDT close to 4h support, long favorable from thereThe price is coming to 4h support zone 4HS1. It is likely that the price will bounce from there. This makes a long trade favorable from there. The price is likely to head towards hourly resistance around 7.91-7.94 zone. The target of the trade should be this zone around 7.93.
INJ: Price may extend decline to 6.5INJ: Price may extend decline to 6.5
During the last month, INJ was moving in a very wide corrective zone located between 7.6 - 8.2.
Today the price decided to break down from the pattern and this is opening the door for more downside.
Considering the accumulation and the breakout strength we may see the price soon testing $6.5 in a short period of time.
Thank you and Good Luck!
INJUSDT at 4h resistance after boucing from weekly level, likelyThe price has hit the 4h resistance zone which was also the target of our long trade. The system says to short this level. I have already taken a short here towards 7.16 zone. That zone is LTF support and I expect the price to at least go down there from here.
INJUSDTBINANCE:INJUSDT SHORT Idea
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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Big short on ING! 🔴there is 3 reasons I see to short INJ:
1. 0.61 fibonacci pushed back the price 2 times forming a double top pattern
2. Bearish divergence in the weekly chart
3. Reversal candle on the monthly chart confirms the dump
we expect the price to reach the target in about 5-7 weeks
Target: 3.7 (+54%)
SL: closing above 9 (-15%)
manage your risk, good luck everyone
INJUSDT Short Setup Swing Trade 📊 ** Analysis by @LuciferCryptVIP **
MEXC:INJUSDT.P
** INJ/USDT Short Setup Analysis **
📉 ** Support and Liquidity Swap Levels: **
- Buy Zone: 5.022 - 3.845
- Strong Support: 3.845
📈 ** Resistance Levels: **
- Resistance 1: 7.661
- Resistance 2: 8.285
🎯 **P otential Targets: **
1. Target 1: 6.341
2. Target 2: 5.930
3. Target 3: 5.206
📌 **Current Price: 7.079**
📊 ** Technical Analysis: **
- INJ/USDT is currently trading near a pivotal resistance level at 7.661.
- The price has exhibited consolidation, suggesting an imminent price movement.
- Strong support at 3.845 is a key level to monitor for potential reversals or continuations.
- The target levels offer potential exit points for traders, with incremental downside potential.
- Effective risk management and stop-loss strategies are recommended.
📈 ** Trade Idea: **
- **Short Position Entry:** Consider entering a short position upon a confirmed breach below the strong support at 3.845.
- **Targets:** Take profits at 6.341, 5.930, and 5.206.
- **Stop-Loss:** Set a stop-loss above the resistance level at 8.285.
🚨 ** Risk Warning: ** Trading carries substantial risk and may not be suitable for all investors. Comprehensive understanding of risks and prudent risk management are essential.
This analysis is intended for educational purposes and is not financial advice. It is essential to conduct personal research before executing any trading decisions. Best of luck!
@LuciferCryptVIP 🌟
(Note: This analysis is not financial advice. Please conduct your own research before making trading decisions.)
The Best Crypto Buy During This Market HorrorEven though the market has crashed.
There still opportunities especially in crypto
--
It feel like a market sabotage.But then again
there is so much conspiracy
on this market
--
So instead follow this:
--
#1 - Price in MACD has to be RED
#2 - Price Has To Be Green In Trend
#3 - EMA 50 has to Cross 200 EMA
--
Remember be paranoid about every
advice in stock market trading
trust no one
--
Do your own research before you trade
--
Cheers,
Lubosi Crypto
INJUSDTBINANCE:INJUSDT Short idea
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment