Support-turned-Resistance Structure with Bullish MACD Divergence and Volume Profile Analysis Summary: This trade proposal focuses on identifying a support-turned-resistance structure around the 33.75 level in Injusdt. Previous resistance turned support, combined with a bullish MACD divergence, suggests a potential buying opportunity. Utilizing Volume Profile...
TRADE ALERT!INJ Ticker: INJ/USDT Entry: 34$ - 35$ Take Profit: 40-43$ Stop Loss: 30.94$ Risk to reward: 1:2 Technical Thesis: INJ inside a symmetrical traingle about to breakout, if this happen we can open a long position. Keep an eye on it
INJ is currently trading in the box & also at the all time high. We might see a big move if it breaks the box above or below depending upon the brakout.
I believe the price has retraced enough and has landed on the adjusted low time frame support LTFS1 and may be ready to bounce again. This time the bounce will probably clear the high it has made previously. However, partial profit taking on the way up would not be a bad idea. Let see how and where it goes.
The move on this one has been pretty impressive. The price blasted through the monthly resistance MR1 on this move up and reached its all time high value. I believe it has a lot of potential to go further up. One should look for a good entry on this one for high time frame trade. Weekly support WS1 can be a good entry point in case we get that. For smaller time...
*-Technical Analysis 📈 break from high CH = move to 16.60$ *Trade (Buy) 📊 13.877$ *-Stop Loss 🔴 3 level *-Take Profit 🎯 14.70$ - 16.60$ *-Risk Management 🚧 3-5% 👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
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...
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
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...
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...
12h time frame - INJ is creating a potential symmetrical structure, which is corresponded to left wave from 14.9~1.18(12th Nov 21" ~ 1st Jul 22"). Secondly, INJ got support at 0.5 and 0.382 Fibonacci Projection(depend on different waves). Moreover, higher high trend is making for a while and it's clear to set SL for opening long. TP: 14.3 SL: 6.238
Pair : INJUSDT ( Inj / Tether ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Short Time Frame , In STF it has breakout the Lower Trend Line but didn't Completed Retracement. It has Completed " 1234 "Impulsive Wave if Rejects with Strong Bullish Price Action then Long
I think its time to take a long trade now. The price hit the 4h support zone 4HS1. This was our short trade idea from 4h resistance 4HR1 to 4h support zone 4HS1. Since the price has hit the 4h supprt 4HS1 now, it is likely to bounce from here again towards 4HR1. Therefore, a long trade is favored here.
Here is a long trade idea for INJUSDT. The price is currently trading around daily support. I think the price is likely to move towards the 4h resistance 4HR1 sitting around 6.99-7.06. It is also possible that the pullback from the push upward towards the daily resistance DR1 is almost over and we may see further move up beyond that resistance. But let us stick to...
Here is a long trade idea for INJUSDT. The price has hit the daily support. This support I believe will hold for a while at least and provide some bounce favoring a long trade. The price has currently bouncing from the top of the support zone. However, its possible that the price will tap further into that zone. I will allocate some size here and some later when...
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.