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.
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.
Trade active:
in motion.. how you like it??
Trade closed: stop reached:
Stopped out here, but the analysis is still the same. Bullish
