INJ/USDTCRYPTOCAP:INJ formed an ascending broadening wedge pattern which broke down, and we have now formed a descending channel, which is a bullish reversal pattern, a breakout out of it can pump to first target of $20
INJUPUSDT trade ideas
INJ/USDTEverything I see is in the charts,
so we have had a nice break, we have been here making a nice support for ourselves.
Once we break free again, 1st target is 24 dollars.
2nd target is ATH.
Then: who knows. HIGH.
INJ/USDT Ending Diagonal
so many discussion on INJ price , one of biggest run among most competitors currently trading 19$ , in simple term of full cycle mostly down just fifth wave remian which we are in at time of speaking 4 out of 5 impusle wave completed waiting for final touch around 20-21$ to complete full cycle , before start going down as well taking and going to liquidity area to take out all short position and stop loss orders .
this setup will be cancel if we see any extension of fifth wave ,as of now clearly can see ending diagonal pattern of fifth wave .
INJ all time highs this yearINJ really is defying this BTC dump. The cosmos ecosystem has some of the craziest bulls Ive seen in any market. Regardless this token does a way better job at providing the value of the cosmos than Atom does. I think we just might see that all-time-high in less than 10 days.
"INJ"The NEXT SOL of the cryptocurrency This is a coin you must not ignore for next BULL Run.
Maybe, it will bullish like, SOL did in last BULL Run.
INJ INJECTIVE EW COUNT with targetsINJective Protocol
had massive rally, reached target zone for wave 4 retracement levels of 0.236-0.382.
Can it go much higher? Possible but less favorable.
Fib Extension targets were also hit on both calculations, so its best to favor upside as limited.
Wave 4 * can * retrace to a maximum of 0.5 fib before the count can be considered as invalid.
For now, we're keeping the count as is until markets show us the count is invalid.
Favoring current high as wave (iii) of wave (iii) in a large degree ABC corrective rally.
Suspecting volatility on both sides similar to Feb with a move lower into a move higher before a larger pullback into a final pump higher to complete the wave (v) of wave C (projection NOT absolutes). However it can also be viewed as completed since it retraced to the targets as mentioned. Its not a long entry, but will be looking to short it once market gives a more clear view and entry. Will keep the count updated and post it when candles print. The key areas to look for are mentioned and the idea we're looking for has been explained, so if you can make sense of it keep an eye on the prize.
We will have to see how it plays out. A large pullback can be a great opportunity to scalp some profits; a retest of the highs should be coming soon enough.
We will patiently await to see what the markets decide over next few days/weeks going into the month of "sell in May, then go away"
If you like my charts, please feel free to share, comment and click like to show support.
Thanks and happy trading,
Cheers
INJUSDT on the riseThe move on this one has been pretty impressive. The price blasted through the monthly resistance MR1 on this move up and reached its all time high value. I believe it has a lot of potential to go further up. One should look for a good entry on this one for high time frame trade. Weekly support WS1 can be a good entry point in case we get that. For smaller time frame trades, we will discuss that in a separate post.
INJECTIVE Showing STRENGTH - Almost All Time HighInjective has continued to show incredible strength, even when Bitcoin corrects. As you can see, price is roughly 10% off of the ALL TIME HIGH, when most altcoins are still down 80-90% from their peaks.
A break above $25.306 would be a blue sky breakout in search of new all time high, one of the best trades their is. We want to see a close above that level.
Other key levels shown on the weekly.
Injective INJ price is preparing to be first to surprise everyonWhile most altcoins are still thinking about whether or not to repeat the growth in the BTCUSDT price, INJ buyers have already answered this question.
The INJUSDT price has broken up of the corrective bullish flag, and consolidating above it, and is starting a new wave of growth.
In our opinion, "the round figure" $20 is an excellent medium-term target for the growth of the Injective token price
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injThere is an important resistance here that you can see in the weekly. There is also a small support in the green box. If there is support there, let it rise again and then enter the trade according to the market conditions.
If the green box breaks, your next targets can be green lines
INJ Long + Starting a new challengeI'm starting a new challenge on a 2nd Bybit account. 2 000$ to 2 000 000$
And I will try to post one chart every days to discipline myself.
Starting with today's idea on INJ USDT:
Bought INJ at 19$ will sell to 19.30$.
No stop loss, I will just hold.
Wallet : 2000$ to 2583$ today.
INJ on resistance level as predicted!INJUSDT has reached the big resistance level as we predicted short time ago.
From here it will retrace and consolidate before a next leg up!
INJUSDTso many discussion on INJ price , one of biggest run among most competitors currently trading is 25$
$INJ reclaim of channel and aiming for new highs (ATH)BINANCE:INJUSDT reclaimed its lost channel and seems to be consolidating. Some might say vertical accumulation... Targetting new highs.
Near to resistance 19$ (INJ)❤️❤️Thanks for boosting 🚀 and supporting us!
📈At the moment when we approach resistance, according to price action, we expect 80% return from support and resistance.
📊 (-sell) : 19.106
🔴 Stop Loss : 20.069
🎯 Take Profit : 17.55 - 16.65 - 15.162
🔗 For more communication with us, send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
INJ still in a week uptrend, long INJI 've been following INJ since the beginning of 2023, it's in a 3 of 3 in week chart, let's wait for the small correction in D frame and it will come back to the main uptrend.
INJ short setupfirst setup give us 22% now we looking for another -30 % from here DCA in red box for hitting all targets ,all about to see final leg
Expect 90$ I’m expecting a bullish move to 90$ due to Bitcoin being in a bull market
Yes 10$ range will get retested but that’s a bear market target.
Goodluck
INJ sipping on daily demandI love to see this kind of consolidation and price action on my core digital investments. The token did hit my price target but it did not hold and it is not falling into daily demand from a few weeks ago. Worst case scenario will be this red dashed line imo since its a swing reversal of candle bodies, no wicks. RSI is still resetting but volume on the monthly is increasing, this is bullish. I expect another test of 18$ soon and a possible continuance.
INJECTIVE (INJ) Key Weekly LevelsWeekly levels (lines are more like areas or zones) of support and resistance to watch for the future.
INJ 1,2,3 PATTERN IS POSSIBLEINJ is currently hold by 100Ma, 200Ma and on 12h chart hold by 50MA/EMA
After rising, the INJ got into the channel which is usually for this type of channel - continuation pattern...
Its also likely possible that INJ could make 1,2,3 pattern which has first up move, then pullback and move up...
Fibbo also needs to be watched - 50.00 is in our zone which is good for us...
We have to see good price action to confirm that up move is on the way...
Thank you for your time and good luck trader!!!
