INJUSDT I Weekly CLS I Short in the Model 2 zoneHey, Market Warriors, here is another outlook on this instrument
If you’ve been following me, you already know every setup you see is built around a CLS Footprint, a Key Level, Liquidity and a specific execution model.
If you haven't followed me yet, start now.
My trading system is completely
Injective & Elliott WavesAn impulse leads to a correction. A correction leads to an impulse.
The chart here starts with a bullish impulse. 1,2,3,4,5—blue-left. This impulse leads to a correction. ABC—orange.
The first ABC correction, the bear market, ends June 2022.
A correction leads to an impulse so a new bullish impuls
Inj Trade Plan📊 INJ Elliott Wave Update 🚀
Zigzag correction ✅ (5️⃣-3️⃣-5️⃣) followed by an ABC flat (3️⃣-3️⃣-5️⃣) — textbook cleanup before liftoff.
Wave (b) is in the past — Wave (c) just getting started 🟢
🔹 Wave 1 & 2 are complete
🔹 Wave 3 loading... ⚡
📍 Targeting:
• 1.618 @ $25.61 🎯
• 2.618 @ $142.12 💸
• 3.61
Injective INJ price analysis🔼 We saw an infographic showing that the #Injective ecosystem currently ranks second in terms of capital inflow and retention. (First place goes to #Ethereum CRYPTOCAP:ETH with a threefold lead.)
🕯 Now let's check this information on the OKX:INJUSDT price chart, and we can see that there is ind
$INJ - Inverted head and shouldersCRYPTOCAP:INJ
BINANCE:INJUSDT.P
The price recently broke out from the inverted head and shoulders pattern; now, the price is going to retest the pattern's neckline.
If the price hits and bounces above the white line zone, or if the 4H candle hits and closes above the upper white line, it will
INJ Head & Shoulders patternINJ Analysis:
Injective (INJ) is nearing the completion of a right shoulder in a potential chart pattern, with a double bottom forming below, indicating a strong liquidity level. There’s also a high-probability demand zone right after that liquidity level, so i can expect that institucional buyers a
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.