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angela_altair

INSUSDT at LTF support, likely to head up to 34.08

Long
INJ / Tether PERPETUAL FUTURES (MEXC:INJUSDT.P)  
angela_altair Updated   
MEXC:INJUSDT.P   INJ / Tether PERPETUAL FUTURES
Trend Analysis Chart Patterns Technical Indicators inj INJUSD INJUSDT injusdtperp injusdtlong injusdtidea injusdtanalysis
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trendanalysis chartpattern indicator inj injusd injusdt injusdtperp injusdtlong injusdtidea injusdtanalysis
The price has hit the low time frame support LTFS1 and it is lilkely to bounce from there. Therefore, a long is preferable here. The target of the trade should be 34.08. The stop loss has also been marked on the chart. If it loses that support, then it is heading towards 30.9 area.
Comment:
The price hit the target and therefore concluded the trade. On this one I actually caught the bottom but I could post only a bit later. Anyways, the price is pulling back afrter hitting our target. We will look for a new opportunity on this one. I will share the setp in case I see any plausible trade and take that.
snapshot

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