Hi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ) Previously I shared a long-term trade setup for INJ, which is still in play: Now on a 2-hour time frame, INJ has formed a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
Mid term (3-6 month) Take profit 1: 20$ Take profit 2: 30$ Stop loss: 2.3$ Do your own research.
INJ is following many other recent tokens breaking from long term Pennet. wanting to hold above key level 12 range marked for more bullish action to expected in the coming hours/days. Invalidated with daily trade and close below 10.5-11 range Good relative volume on this token (>5), market showing interest Profit targets marked
Based on my TA, INJ broke the symmetrical triangle by 2 4hr candles. I'm going long, SL: $11.9 TP1: $15.7 TP2: $18.95 TP3: $20.9
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...