$INJ Correction Still in Progress
▶️On the 3-day chart, we can see that gray wave B happened as a flat correction.
▶️We're now pointing towards new lows below 13.57 for gray C.
▶️Round 10.00, matching a new level from 2023 (green zone), could offer support for an upside reversal.
Months of Accumulation, Distro Time?This, along with several other dinosaur alts were a precursor to this bull market. With Months of consolidation while bitcoin and many other newer alts make new highs.
I think we are heading into the expansion phase pretty soon from here. If we got a pullback from current resistance and formed a h
INJ/USD Pullback Entry Strategy Targeting All-Time HighsWe are preparing to enter INJ/USD on a pullback, with our primary Points of Interest (POI) being a daily imbalance and a 4-hour breaker block for added confluence. Entry will be triggered upon a market structure shift (MSS) on the 15-minute chart to confirm our setup. This approach allows us to alig
INJUSD: Highly important 1D MA200 test.Injective is neutral on its 1D technical outlook (RSI = 54.838, MACD = 0.426, ADX = 17.060) as it is trading between the 1D MA200 and 1D MA50. The 1D MA200 is more important right now as it got hit today but the priced immediately pulled back. This is the 4th failed test (so far) it had since April
#INJUSD 1DAYINJUSD (Injective / US Dollar)
Timeframe: Daily (1D)
Pattern: Trendline Breakout
A trendline breakout has occurred on the daily chart of INJUSD, signaling a shift in market momentum. The pair had been following a descending trendline, indicating sustained selling pressure over time. However, the
Bullish SundayThe extended bottom wick on the last candlestick is a bullish signal. I'm still hoping it will break the $22.40 resistance. My support will be at $20.40. Does anyone have ideas on the next small pullback?
Inj after accumulation.Inj has been a hot topic for a while now. There is a resistance at $30 which is a near 50% increase from current levels. There is a huge hidden bullish divergence that has been silently building on the weekly chart. Patience pays in the end.
Looking for that break at resistance.INJ has been sideways since the 18th but in an upward trend. I want to break resistance at $22.40 with my support at $19.80.
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