there is 3 reasons I see to short INJ:
1. 0.61 fibonacci pushed back the price 2 times forming a double top pattern
2. Bearish divergence in the weekly chart
3. Reversal candle on the monthly chart confirms the dump
we expect the price to reach the target in about 5-7 weeks
Target: 3.7 (+54%)
SL: closing above 9 (-15%)
manage your risk, good luck everyone
1. 0.61 fibonacci pushed back the price 2 times forming a double top pattern
2. Bearish divergence in the weekly chart
3. Reversal candle on the monthly chart confirms the dump
we expect the price to reach the target in about 5-7 weeks
Target: 3.7 (+54%)
SL: closing above 9 (-15%)
manage your risk, good luck everyone
Trade active:
already droped by 15% 💥💥💥