The last long did not work out. We had a bit bounce from the 4h support but it was not substantial to fulfill our trade goals. However, the price has now come to the daily support. This zone is a pretty strong support zone and will provide support to the price and the price is likely to hold this level at least to allow the price to bounce good enough for a long...
Pair : INJUSDT ( Crypto ) Description : Bullish Channel in Long Time Frame as an Corrective Pattern Break of Structure Completed " 12345 " Impulsive Wave and " A " Corrective Wave RSI - Divergence Support Level
The price is at 4h support 4HS1. This calls for a long side trade. The price is meant to bounce here and likely to move upward towards 4h resistance 4HR1 zone. The target should be 8.96.
The price has been rejected from 4h resistance 4HR1. The price has come back near the hourly support HS1 and now trading below it. From the price action, it seems the price is going to bounce here. This makes a long trade favorable here. The target of the trade should be 9.53.
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.
For this one a long entry would be 4h support zone which is sitting around 8.68-8.73. The price has rallied close to 9.93 and then retraced back. It is currently trading above the 4h support 4HS1. But I expect it to hit that support and then bounce from there. A long trade will be favorable from that 4HS1 support zone towards the resistance zone 4HR1. The target...
It seems that the price is ranging between the daily support and 4h resistance 4HR1. Since the price is again at the daily support, it makes the long favorable from there towards 4h resistance 4HR1. Though there should be some resistance at the level 4HS1 as that had and would act as a resistance when the price would try to move to the upside. Lets take this long...
The price was rejected by 4h resistance at 8.39 and it fell back to 4h support 4HS1. I expect this to bounce again towards that resistance zone. We will evaluate again about what further potential it has once it reaches there.
The price is finding support currently at 4h support 4HS2. The bounce might move a bit up further up. However, the price action suggests that it is heading for the high time frame support monthly support MS1. The price reversed from weekly resistance and has retraced significantly since then. In such cases price usually tends to visit the large time frame supports...
This is the long trade idea. The price hit the 4h resistance zone 4HR1 and got reject from there resulting in the pullback. The price is currently trading belwo this 4h resistance zone and above low time frame support LTFS. I expect the proce to hit LTFS and then bounce from there. A long trade is favorable from that support zone towards the 4h resistance zone....
The price has hit the weekly resistance and is expected to be pushed back from here. I think a short is favorable here towards the first support zone 4HS1. Since the price is in uptrend, short trades are usually not so high probability game. And therefore, the risk taken for the trade should be limited. Usually it is good to stick to the long trades but if the...
The price has hit the weekly resistance and has been pushed back by that resistance. This weekly resistance level was shared in one of the earlier charts for this pair describing all the resistance and support levels. The price is currently trading at 4h support zone 4HS1. I think a long is favorable from here towards the weekly resistance with a target of 8.86.
The price experienced a sudden drop but found the support at daily support zone DS1. The price bounced well from there providing an opportunity a long trade there. This level was already marked on the chart. In general the rule is to long the support and short the resistance. And from probability point of view the trades taken from this strategy always result in...
This one is our hero. Moving up and holding even in the event of adversity. Last trade we took a couple of days ago was a long trade and that worked out pretty well. The price went beyond weekly resistance WR1 which was our generous target for the last long trade. The price is currently facing resistance from daily resistance DR2. I think this one is planning to...
#INJ #INJUSDT CRYPTOCAP:INJ T he price has been consolidating all day all night under the weekly resistance. The price found support at LTF support and ranging between weekly resistance WR1 and LTF support LTFS. The price is once again close to LTFS and I expect it to aim again towards WR1. Usually such consolidation under resistance is bullish so it may be...
The price broke through the weekly resistance only to come back. It came down and currently trading under that weekly resistance zone. However, it seems the price may attempt again to break that resistance. Therefore a long is favorable from the LTF support.
The price came back to the 4h support zone 4HS2 and bounce from there. Along with the BTC push, this also moved higher breaking the previous 4h resistance. I think a long is favorable here towards the daily resistance. The target of this move should be daily resistance around 6.86-6.96. Idea of this trade is to long from the 4h support 4HS1 in case price comes...
Analysis: 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...