Injective Protocol is out-performing the crypto market after printing that morning star deviation. Looks good for bullish continuation in sats, probably after pulling back to 100EMA support. ⚡️⚡️ #INJ/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 6.5% Current Price: 0.0002916 Entry Targets: 1) 0.0002705 Take-Profit Targets: 1) 0.0003529 Stop...
It seems to us that the price chart of INJUSDT shows a continuation of "the Cup and Handle" trend pattern. Accordingly, the following conditions for medium- or long-term trading are valid and applicable: Enter = 6,56 Stop = 6,19 ( - 5.6%) TP = 11,34 ( + 72.9%) P/L ratio = 12.9 We allocate $10,000 for this trade In the event of a mistake, we will lose $564 If...
INJBTC is currently one of the most robust BTC pairs, making it a prime candidate for a "buy option." Our analysis strongly supports a long position, with compelling reasons for expecting an ongoing uptrend. This optimism stems from INJ's consistent adherence to the uptrend trendline, complemented by a clearly discernible pattern of higher highs and higher lows...
💎Yello Paradisers! Let’s dive deep into INJ! It’s evident that it’s maneuvering above a trading channel and is about to explode. 💎 A meticulous examination reveals a transition from demand to supply in INJUSDT, leading to a significant decline in price, touching the channel support. 💎 Rebounding from this support, the asset is rekindling its bullish momentum,...
Injective crossed over the 6 month Resistance turned overbought on the 1D timeframe but is still balanced on the 1W (RSI = 68.170, MACD = 0.883, ADX = 23.993), which is where we should be looking at as this is a bullish breakout on the higher timeframes. Technically this can keep rising until the 1W RSI hits well within the 80.000 level. We use this breakout buy...
12h time frame - INJ is very strong since we share the signal at 7.5(ref.1), it has increased by 40%. Next, just wait it to reach our previous analysis, which target is 14.3. Also, considering the risk, we set protective SL at 9.5 to make sure the profit. ref.1 Signals on Oct 5th
💎 Paradisers, turn your attention to INJUSDT! We've observed its steadfast position, holding a pivotal support level and gearing up for a potential bullish ascent. 💎 Historically, INJ has navigated beneath a pronounced descending trendline, which has consistently posed as a formidable resistance. However, a recent shift saw it breaking free from this trendline,...
HelixApp's latest feature, pre-token launch futures, currently trading Celestia tokens. With the 4H range, with inv h&s bullish breakout, we could potentially see some rapid trending in the next six days (unless it loses 'the dip' buy zone)
The price has been rejected from daily resistance DR1 twice. Upon hitting the next support 4HS1, it has bounced. I think this support will provice the necessary bounce for a long trade and the price will aim for the daily resistance DR1 again. The price has already bounced so we should wait for it to pullback again to start building the position. The target of...
2h time frame - INJ is creating a triangle structure, this pattern could be regarded as continuation structure of previous wave from $6.36 to $8.05. Triangle bottom(~$7.2) is also the 0.5 Fibonacci Retracement, which is not that better but available so far. If INJ go back to $7.2, we can set up a trading plan. TP: 9.75 SL: 6.78 Also, there is a higher target at...
The price has hit the 4h resistance 4HR1 and it is already experiencing a pullback. It is likely that the price will visit 4h support 4HS1. Therefore, a short trade is favorable from 4h resistance 4HR1. The price has already been pushed down from that resistance, therefore, we will add the position slowly as the price will move up towards the resistance again.
Based on the given data, the INJ/USDT pair currently trades at 7.535 USDT. The 4-hour chart shows a Relative Strength Index (RSI) of 61.98, suggesting the market is leaning towards overbought conditions. The Moving Average Convergence Divergence (MACD), which is slightly negative, indicates a bearish momentum. However, the Bollinger Bands (BB) at 7.376 suggest...
INJ currently in consolidation mode If you want to take a take a long term trade, then my recommendation is to wait for break out from one of the boxes you can see on the chart I believe that the coin will show its strength once BTC finds its bottom and starts to pumping. On lower TF you can try to take scalp shorts and longs, but if we see that the coin...
The price is heading southward. The next support is the daily support DS1. This support is sitting around 7.10-7.13. It is likely that the price will hit this zone on this drop. There is a weekly support sitting below this daily support 6.91-7.03. There is a possibility that the price may hit that before a bounce but I think daily support will provide some bounce...
The price fell down below the 4h support but bounced strongly from 7.27 zone. Now the price is at hourly resistance and I expect a pullback here. This pullback may extend till 7.35-7.36 area. Therefore, a short trade is favorable here with a target to 7.35-7.36.
1. INJ Takes Center Stage For the past week, INJ has been at the forefront of our attention, and we've already initiated a long position. In this analysis, we explore the technical indicators pointing toward a potential rally on the horizon. 2. Bull Flag Emerges on Lower Timeframes Zooming in on lower timeframes reveals the formation of a promising Bull Flag...
Here is a pair of trade ideas for INJUSDT. One is a short and then a long trade. The price action suggests to trade only in the long direction on any pullback. However, a short here from the daily resistance is not a bad idea. But the size should be kept smaller to keep the risk lower given the momentum in the opposite direction. If the desired pullback is there...
I expect a correction towards the box and green lines, in order to reach the red lines. We can see a resistance in the red lines.