Hey there! In the daily timeframe, as you can see, the trend fluctuates within the price range of $5 and $10. ▫️ Currently, it's trading around the $7.20 price range. The expectation we can have is for the price to continue towards the price range of $6.50 and the support zone of $5.50 with a corrective trend. To better understand the continuation of the upward...
Its looking like a consolidation after an upward move on smaller time frame. The price is likely to break up after this consolidation. Probably a long is favorable here as the end of this consildation will move the price upward.
The price has bounced from daily support. However, it has touched the trend line which had held the price down just before this upward move. I expect the price to pullback from here and therefore a quick short trade is favorable here.
CRYPTOCAP:INJ successfully retested the breakout point and held above it nicely. A move towards $8 should be coming next, if BTC behaves ofc! Stops below 7.1 where this idea gets invalidated.
CRYPTOCAP:INJ looking good for a push to $8 short term. Horizontal and diagonal resistance flipped into support
The price has come back to 4h support. It was rejected from 4h resistance 4HR2 even though it spiked above temporarily. It is likely to bounce here. I think a long is favorable here. The target of the trade should be 7.66.
Here is next long idea. The price has hit the daily support DS1 and likely to bounce from here providing an opportunity for a long trade. The target should be the next 4h resistance which is around 7.46.
The price has broken down the daily support and moved downward. The daily support acted as a support for a while and provided a couple of bounces with the second bounce being smaller than the current one. This was an early sign for the breakdown but we were not observant enough to notice that. However, both were good for quick long trade although not upto the...
Had a look at chart too late for a short. Else was a good opportunity on retest of 4HR1 resistance. Now we look for long. Price currently at the 4h support and can see some bounce here but I think it is likely that it is coming towards daily support. A better and favorable long entry is from daily support. Lets have the target dynamic for this one but for now lets...
And here is the long trade idea I talked about in the last post. I expect the price to bounce from the green zone marked as LTF support. The target for the trade time being is 8.02. Stop loss is narrow with usual position size so risk is limited.
And here is the long trade for INJUSDT. The price broke upward and from the daily resistance zone DR1 and has come back to retest it. I think this level will now provide the support and therefore a long is favorable here.
CRYPTOCAP:INJ broke through the resistance level and the descending trendline. Bullish movement to $8.24 is expected to happen.
Injective (INJUSD) is on the 2nd straight green 1D candle, following a rebound for the 1D RSI exactly on the 30.00 oversold barrier. With the 1D MACD close to forming a Bullish Cross, this is a short-term buy opportunity. The previous such rebound below the 1D MA50 (blue trend-line) was on the May 12 bottom and it made a rise just below the 0.618 Fibonacci...
The price has hit the daily resistance DR1 and likely to move a bit down here. I think price should first find support on LTF support LTFS marked on the chart. A long can be favorable from there towards 7.60 zone.
The price has hit the 4h resistance zone which was also the target of our long trade. The system says to short this level. I have already taken a short here towards 7.16 zone. That zone is LTF support and I expect the price to at least go down there from here.
BINANCE:INJUSDT SHORT Idea ⚠️Note: In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined. If you are interested in entering these signals, please provide a stop loss and a logical market-based target. ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice....
BINANCE:INJUSDT Short idea ⚠️Note: In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined. If you are interested in entering these signals, please provide a stop loss and a logical market-based target. ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice....
The price has come to the lower side of this monthly support zone and that was our expectation as well. I think a long is favorable here from the bottom of this support zone. The price is likely to move towards daily resistance DR1 which is at around 7.66.