INJUSDT.P trade ideas
INJ massive weekly wedgeINJ, my largest holding is forming a huge contraction area forming a wedge on the weekly. Long term consolidation here is very bullish. A reset of the stochastic RSI is also noted. I expect an upward expansion here with the bullish market we have. If you have been sidelined this could be a great entry zone for a long-term position.
Injective in the verge of breakout from the triangle. After a couple of weeks consolidation Injective has completed 4th corrective wave in the triangle. Breakout above triangle gives confirmation for a price action target at the minimum level of 50.Triangle breakout of 4 th wave should provide a huge thrust in the price action for Injective.
✴️ Injective Next Target ~22/20 (Short-Term Prediction)As soon as I looked at this chart, I started seeing myself explaining to you all of the chart signals, I sounded condescending in my mind... I was like, "Oh no, this is definitely not the goal..." and I felt ashamed.
So instead of reading the signals I will just give you the next target.
On the 3rd of January INJUSDT hit 27 testing EMA50 as support.
The next moving average we track after EMA50 is EMA100, which would be the next logical resting point but here is the thing, EMA100 is now within the price range of EMA50 as it was a little more than a month ago. This means that on a drop this level will be ignored since we have a lower high we should aim for a lower low.
Long story short: The next target sits around EMA200 (purple) or 22, with 20 possible on a wick. This is based on the moving averages and Fibs.
We can call this a short-term prediction, now we wait and see.
Thank you for reading.
It is truly my pleasure to have you today, here with me.
I hope to see you again in the future, more and more... I am truly grateful for your continued support.
Namaste.
INJ ANALYSIS🔮 #INJ Analysis - Breakout Trading 💰💰
🌟🚀 #INJ is trading in a Bullish Flag Pattern in 8h time frame. We can expect a long rally in #INJ after breakout.💲💲
🔖 Current Price: $35.56
⏳️ Target Price: $47.12
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#INJ #Cryptocurrency #DYOR
INJ NEW UPDATEOn the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the D wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
We have specified the targets on the chart.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
inj breaking out already on uptrend and finally breaking another bullish continuation pattern expecting massive bullish rally in coming days
breaking bullish flag and expecting successful breakout successful breakout can lead another solid move towards 50 to 55$
keep eyes on injective for confirmed breakout
INJ - Is the Bull Rally Over?📉Hi Traders, Investors and Speculators of Charts📈
With this chart, we aim to identify the current phase of INJ by using the Wyckoff Method . The Wyckoff Method can be extremely technical and complicated, with many phases, sub-phases, sub sub phases etc. The four main phases of the market cycle are accumulation, markup, distribution, and markdown. On this specific chart, we're taking a look at what comes next after the big bullrun is completed.
Furthermore, a brief look at the phases:
Start of the Bullish Cycle:
The price start increasing rapidly, often making parabolic increases. Pullbacks are short-lived, and the rally continues afterwards.
PEAK:
This is the clear ATH that is established by the bullish cycle. This is where the buyers run out and the tables turn to where sellers start to dominate for the upcoming bearish phase.
Failed Rally:
The buyers try one more time to push past the previous high, but fail. Instead, a lower high is made and is usually marked by a bearish pattern or double top candlestick.
Accumulation Phase:
This is usually considered the boring zone. This is where price trades range for a long period of time, whilst whales bulk up for the bullish cycle to come next.
All of the above in mind, I believe we are currently trading towards the failed rally phase. This means that we may still test support zone / resistance zone multiple times, until either the bears or the bulls take charge.
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CryptoCheck
BINANCE:INJUSDT
🚧INJUSDT will Go Up Again🚧 Road Map(6-H)🗺️!!!Hi .
-Due to the ascending structure of the chart
- High potential areas are clear in the chart
- You can look for reasons to enter according to your own personal strategy after approval.
CRYPTOCAP:INJ has support levels at $29 and $24 which are good areas to place buy orders 📝
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✅ Thank you and for more ideas ❤️ like ❤️ and 🌟 follow 🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
INJUSDT.4HBased on the provided market data, INJ is currently trading at $34.49 with a 4-hour RSI (Relative Strength Index) of 55.63, which is a neutral territory. The 4-hour MACD (Moving Average Convergence Divergence) is positive at 0.63, indicating an upward momentum. However, it's slightly below the 4-hour Bollinger Band midpoint of 36.26. The immediate supports on the 4-hour chart are at $33.90, $31.80, and $30.20, while the resistances are at $36.41, $38.30, and $39.60.
On the daily chart, INJ has a neutral RSI of 50.51 and a negative MACD of -0.66, suggesting a lack of clear direction. The immediate supports are at $33.80, $30.77, and $29.20, and resistances at $39.40, $41.90, and $43.90.
The 7-day data shows a high RSI of 70.22, indicating the crypto is overbought, and a MACD of 7.35, suggesting bullishness. The supports are at $23.10, $17.60, and a notably low $5.16, while the resistances are at $45.30, $52.10, and $60.30.
In conclusion, INJ shows mixed signals on different time frames. While the short-term (4-hour) and long-term (7-day) data indicate bullishness, the daily data suggests a lack of clear direction. Traders should monitor the market closely and consider these levels while making decisions. It's always recommended to incorporate other market factors and risk management techniques in trading decisions.
INJUSDT: Potential Bullish ContinuationINJUSDT Technical analysis update
INJ has formed a symmetrical triangle pattern after reaching a new all-time high. A breakout from this pattern could indicate the potential continuation of the uptrend.
Buy level: Below $35.5
Stop Loss: $31.00
Mid Term Target: $50
Long Term Target: $100
Regards
Hexa
INJ(INJECTIVE) is about to moon(100X)??So after i have been watching INJ, I realized that just like all the other Tokens, coins etc, is it as well in correction, basically market has been moving sideways, choppy, while correcting.
So since 43 to 45 dollars, INJ was hitting resistance, while on the lows around 29 and 30 dollars it was hitting or on support, basically price is struggling to break above or below this range.
Based on the cycle count:
you can see we have a WXYXZ correction cycle pattern, which just completed around 30 dollar price,
And on the current price is where I am looking for long orders.
Scroll-back to see the whole analysis.
INJUSDT 1D flag goes to an end - nice RR either wayInjective consolidated for over 40bars. The formed flag goes to an end.
Projected both options if it breaks downwards and upwards. Breaking the top would lead us to new ATHs, therefore RR is much higher.
Nevertheless, don't forget that after the break the price should comeback for retesting, therefore don't open too early.
Just an idea.