angela_altair

INJUSDT at 4h resistance, likely to retrace to 9.27-9.33

Short
angela_altair Updated   
BINANCE:INJUSDT   INJ / TetherUS
The price retraced from 4h resistance and has bounced again. However, I think this is a nice setup for short trade. The price should come back to hourly support around 9.29-9.33. Lets target that.
Trade closed: target reached:
So the price fell down to the hourly support as we expected. This concluded our trade. Currently the price is bouncing from this hourly support HS1. Lets look for the next setup in the next post.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.