INJUSDT Bearish Trend & Fib 0.618 Script is following bearish trend with price action retraced to Fib 0.618. There is no divergence at 1H TF. Will it hit both the TP's?
INJUST trade ideas
injThis box is a resistance. It can be accessed if the upper lines are crossed. If it cannot create a specific movement, the lower areas are available in the previous analysis.
INJ SELL OPPORTUNITYHello dear traders. Here my idea to INJUSDT . we will expect short term bearish continuation.
Traders, if you liked this idea or have your opinion on it, write in the comments. Please like and subscribe to my profile.
Good luck to you.
This idea does not provide the financial advice.
INJUSDT at 4h support, likely to head upAnalysis: LTF
So this one has finally hit the support zone from where I wanted to have a long trade. This support zone is important as it is an important pause the price made in this last move up from the daily support. Therefore, it is likely that this level will provide required support to push the price up. Lets see where it goes from here. The target for this trade is 6.2.
INJUSDT, More down side to see. INJUSDT / 4H
hello traders, welcome back to another market breakdown.
INJ has been reversing in a down trend, I'll look to feed the leg lower if I get my trigger.
Checkout the chart for my plan to get in.
Trade safely,
Trader Leo
injusdtlets take a big profit from sell BINANCE:INJUSDT there is around 17% profit on it. lets take it.
INJUSDT likely to head up towards daily resistance at 6.86-6.96This has broken the 4h resistance finally and trading above it. The next level of resistance is daily resistance DR1 as marked on the chart. It is sitting around 6.86-6.96. That is the level the price will target next. Lets look for a favorable long setup here.
INJUSDT heading towards daily supportThe price seems to be heading to daily support DS1. After bouncing from the daily support DS1, it went up till the 4h resistance zone 4HR1 and got rejected from there. After a pushback it again attempted towards this resistance zone only to meet the same fate. The price again got rejected from there and fell back down. It is currently trading between the resistance zone 4HR1 and support zone DS1. From the probability and price action perspective, it seems favorable that the price aims for the daily support. This provides a good short opportunity. The target is marked on the chart.
INJ SHORT SETUP (1H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the INJ symbol.
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
INJUSDT Next Possible MovePair : INJUSDT ( Crypto )
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame
Break of Structure
RSI - Divergence
Completed " 1234 " Impulsive Wave
Bullish Channel as an Corrective Pattern in STF
SMC - CHoCH
inverse head and shoulder predictioninverse head and should touching the .618 fib should rocket up to the 6.6 - 6.7
INJ LOOKS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the INJ symbol.
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
INJUSDT again at daily support, likely to bounce at least to 5.8The price has come to the daily support zone DS1. I think the price will bounce here. A long should be favorable here. The target of this trade should be at least 5.82.
INJ IS BEARISH (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the INJ symbol.
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
INJUSDT at bottom of daily support, likely to bounceThe price is again at the bottom of the support zone. I have taken a long trade here. The target of the trade is 5.73. Lets see how it plays out.
INJUSDT has hit the daily supportThis also has a similar story of falling down. A big red candle directly piercing into the daily support DS1. The price may bounce from here but I want to see some evidence on lower time frame first. If thats there then I will try to long it. The next support level is weekly level WS1 which is still a bit far away. I will post if I see any setup and take any trade.
last alertThe decline from the top was in three waves, and then a corrective rise in three other waves. It is now assumed that the decline is in a five-motive wave.
Note: the analysis fails if the price closed the highest area 8.2 usdt
INJUSDT at support likely to head to 7.25-7.29The price is at LTF support. I expect it to bounce here towards 4h resistance 4HR1. Therefore long trade is favorable here with the target 7.25-7.29. It might retrace first around 7.19 but I think ultimately this time it will touch the 4h resistance target.
INJUSDT 4H MTBlue horizontal lines are the weekly levels,
as you could see on the past few days we went to the upside, formed a new weekly resistance at the price of 9.338, went to the downside, grabbed two weekly levels of support which means that INJ is currently strong, formed a parallel channel and a break of structure to the upside, right now we are retesting the bottom of the parallel channel with a fakeout from below
Navigating the Ups and Downs: Analysis of #INJ Price Action💎 Our analysis of #INJUSDT reveals a promising mid-term trend that remains bullish. We have observed the formation of higher highs (HH) and higher lows (HL), indicating a strong upward momentum. Additionally, the recent bounce off the uptrend trendline further strengthens this bullish outlook.
💎 Presently, the price finds itself in a crucial position, caught between the 61.8% Fibonacci support and 61.8% Fibonacci resistance levels. This consolidation phase demands our patience and careful observation. We eagerly await a breakout, be it to the upside or downside, as it will provide crucial insights into the probability of future price development.
💎 In the event of a downside breakout, our focus shifts towards the VolumeProfile support at $6.35, with the potential for further downside movement. Conversely, should the price break out to the upside, we anticipate an impressive 30% rally, presenting an exciting opportunity for traders.
💎 Drawing upon the renowned Elliott wave patterns, our analysis suggests a higher probability of a bullish breakout. However, we remain vigilant and prepared to respond swiftly in the event of a downside break. This waiting period demands our undivided attention, as we anticipate imminent market activity and potential opportunities.
Stay tuned, dear Paradisers, as we closely monitor the market, ready to capitalize on emerging trends and potential market movements. 🌴
INJ Injective Protocol Cup and Handle INJ formed a nice Cup and Handle via Daily chart :) this coin has done well even with the current market lagging like it has been but soon to change so many are saying. If it does this coin would be one to have.
