INJUSDT trade ideas
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
#INJ/USDT 15m Symmetrical TriangleHello, everyone!
We have a symmetrical triangle pattern in front of us, and I expect it to break downwards towards the Fibonacci level of 0.55 / 7.436 on the higher time frame.
Currently, the MA50 is acting as support, while the MA200 is providing resistance. We are moving within the C movement to overlap equal highs (eqh), from which I anticipate a correction to the Fibonacci level of 0.5 on the higher time frame and the completion of the C wave by touching the inclined line.
I consider the completion of the D wave to be at the ROS(ROC) horizontal trading angle, and the E wave to be completed by reaching a new high within the C movement. After that, I expect the formation to be fully executed.
Above, there's an additional level marked as the optimal point of entry for a short position (POI).
Best of luck!
Injective looks ready for bullish move🔥 🚀INJ Today Analysis💎INJUSDT is gearing up for an impressive bullish surge. Currently, it's trading within a falling wedge and is on the brink of an upward breakout.
💎Another noteworthy point is that INJUSDT is following the 1-5 Elliot Wave pattern, which could further reinforce its upward trajectory.
💎Moreover, the RSI is also signaling an upward trend, providing a strong indication of potential bullish momentum.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journe