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INJUSDT trade ideas

INJUSDT Strong Bounce and Trendline Breakout. 3-Digit Potential!INJUSDT has bounced off a significant support level and executed a powerful breakout from its trendline. With the 2021 ATH acting as major support, we anticipate a bullish momentum building toward the $30 mark. Given the current market dynamics, a move into the three-digit territory seems possible in the near future. Keep an eye on this one for potential upside! INJUSDT Currently trading at $21.7 Buy level: Above $21 Stop loss: Below $17.5 TP1: $25 TP2: $30 TP3: $39 TP4: $53 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
#injusdt #injective. Inverse head and shoulders. Get long#crypto. A strong pattern with a high probability trade has formed on injective. We have an inverse head and shoulders pattern. We have broken through the neckline. Not is has retested the neckline and turned resistance into support. This is a perfect formation to drive the price to the target from the inverse head and shoulders of 28. Get long now at 20.33 RSI is climbing higher and higher on each new low indicating the buyers are back in control. STO has bottomed out at 30 and is ready to bounce back to 70. Volume is not doing much though. Target 1 is 28 bucks. From 20.33. That is an unleveraged possible 38% play. Worth the risk. Stop out at 18. Crypto can be a nasty place so dont ride the elevator all the way back to ground. GL and message me if you would like me to look at particular charts and provide my opinion.
Long
by thecryptochart
Alikze »» INJ | Reverse head and shoulders pattern - 12H🔍 Technical analysis: Suspect an inverted head and shoulders pattern - In the analysis presented in the 12-hour time frame, it was mentioned that in case of selling pressure in the range of $25, the correction will continue until the Fibo range of 1.618 in the range of $18.75. - It is currently moving in an ascending channel. - It has faced selling pressure in the middle of the channel. - Due to the formation of the inverted top pattern, in case of breaking the Fibo 1.618 and stabilizing below the 18.75 area, the correction will continue until the liquidity area and the origin of the movement. - Therefore, according to the zigzag correction structure, this correction can extend to the liquidity area and complete the correction leg C in the specified areas. 💎 Alternative scenario , if it stabilizes in the range of 18.75, it can grow to the middle of the channel in the first step and then to the range of the supply area of ​​$25. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:INJUSDT
Short
by alikze
INJUSDT All-Time High Soon?INJ/USDT has successfully bounced off a major support level, setting the stage for an upward move. The price has broken through a key trendline and is now facing minor resistance around $23. A breakthrough of this resistance could lead to a significant price rally as INJ aims to reclaim its all-time high. Trade safe and always remember to use a stop loss to manage your risk! INJUSDT (4h Chart) Technical analysis INJUSDT (4h Chart) Currently trading at $22.4 Buy level: Above $22.75 Stop loss: Below $18 TP1: $26 TP2: $31 TP3: $40 TP4: $53 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
2
Injective Faces Resistance (Lower Low Or Double-Bottom?)Here is another Altcoin pair that produced a rejection at the MA200 line and is showing a bearish continuation starting to form. Good Saturday my fellow trader, let's do a quick review of this chart. ➢ Injective (INJUSDT) already corrected as low as November 2023, but in November 2023 this pair was not trading at bottom prices, it was really high up. The market tends to seek balance, and the stronger the growth, the bigger the correction that follows. The stronger the crash, the bigger the bullish cycle that follows. The market always looks for balance. ➢ Injective's bullish wave starts after the December 2022 bottom, and we can see massive growth. In a period of 442 days, INJUSDT grew by 4,245%. From December 2022 through March 2024. In comparison, Bitcoin grew by 377% from November 2022 through March 2024. That's why I say that the Altcoins are better than Bitcoin if you are a normal human being, growth potential is just that much higher. After so much growth, the correction might not be over. We can say this based on the mid-term downtrend and the MA200 rejection. We can get a double-bottom, around 0.786 Fib. or a lower low to test the prices at which Injective traded back in September 2023. Thank you for reading. Namaste.
Short
by MasterAnanda
2
Is INJ Coin Heading for a Deeper Correction?After the significant hype surrounding BINANCE:INJUSDT during the winter and spring, the coin's price began to decline, losing over 50% from its peak in the initial drop. However, by mid-September, the price made a recovery, climbing back above the important $20 mark and breaking through the descending trend line of a falling channel. While this upward movement appeared to be a bullish signal, the momentum failed to push the price towards the $30 resistance level. Instead, it retreated back to the $20 support level. Looking ahead, I anticipate that the $20 support level may soon be broken on the downside. If this happens, we could see an accelerated price drop, possibly bringing the price down to $10. The current price action suggests weakening support, raising the likelihood of a deeper decline in the near future.
Short
by Mihai_Iacob
3
Injective (INJ) - 60% correction in the months aheadOn the above weekly chart price has enjoyed a massive 3000% rally. A number of reasons now exist to be bearish. They include: 1) Broken market structure, failed support. 2) Trend reversal. 3) High negative divergence. Almost as strong as the positive divergence the rally began with. 4) The target areas for support include 60% and 80% correction to $8 and $5, respectively. 5) This should take about 1 year to play out. Is it possible price action continues printing higher lows? Sure. Is it probable? No. Ww
by without_worries
6