Final Leg UpAnother high tight flag for INJ in the making, using the 20 EMA as further support with sell pressure subsiding. Typically get three legs up in the Elliot Wave sequence as well. Time for the "blow off the top" move over the coming week on Bitcoin ETF approvals. Longby ZenTradesRWUpdated 5
$inj - longbullish rectangle pattern might in play. waiting for a retest of the break out. then long Longby WhaleBerliner1
Inj/Usdt Showing Signs of Potential Breakout Opportunity The Inj/Usdt trading pair appears to be indicating a potential breakout, with an increased chance of success. While it's important to note that the following analysis should not be considered as financial advice, it aims to provide an overview of the current situation and potential bullish move if a breakout occurs. Breakout Possibilities: Inj/Usdt has been attempting to break out recently, demonstrating strong signs of upward momentum. At present, there is a likelihood of an 80-90% chance of a breakout happening. Should this breakout materialize successfully, a price surge of 20-40% is plausible. Risk Disclaimer: It's crucial to emphasize that the information presented here should not be interpreted as financial advice or a definitive forecast. The cryptocurrency market is highly volatile and unpredictable, often influenced by multiple factors beyond technical analysis. Any investment or trading decision should only be made after conducting thorough personal research and consulting with a professional financial advisor. Conclusion: In summary, the Inj/Usdt trading pair is indicating a potentially favorable breakout scenario, offering the possibility of a significant bullish move. Nonetheless, it is essential to exercise caution and perform individual due diligence before making any investment decisions.Longby Crypto-By-Ghazi4
Sell in pattern (INJ)📊Analysis by AhmadArz: set limit in resistance of pattern. 🔍Entry:42.48 🛑Stop Loss: 43.43 🎯Take Profit: 41.53 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!Shortby ahmadarz3
INJ = Probably some cooldown .. I think it is time for a small cooldown imo. Green Boxes could be a good opportunity to buy.Shortby PHCapital2
INJUSDT (SHORT)Triple top around $40 range, daily range has been broke too. High probability is INJ to go to $32.70. Shortby RazaKhan072
✴️ Injective 6X SHORT (323% Potential)There is bearish potential here based multiple chart signals, such as: ➖ Strong bearish divergence with the RSI (since Oct.) ➖ Massive bullish phase (beyond 2,000% growth). ➖ Strong red candle yesterday. ➖ Bitcoin tumbles. Stop-loss can be set manually above the last high. Make sure to do your own planning. Leveraged trading is high risk and for experts only. Mistakes can lead to liquidation and the loss of an entire position. If you can't take a loss or don't understand the risk, try avoiding this. This is not financial advice. Good luck. This is a high probability setup at this point. Namaste.Shortby AlanSantanaUpdated 4443
INJ BULLISH Potential Bull flag INJ is printing a bull flag on the 12H after hitting a ATH. this distribution pattern takes out profit takers, lets long term holders accumulate and lets new holders enter. this can cause a significant surge in price when. Mix this with potential ETF news and we will see a new ATH Besides this INJ also retested all the MA's (5-20-50) expecting some good upside potential. key points - Wait for close and conformation on breakout to enter - SL close under 50ma - TP new ath 50+ - if etf gets approved it will probaly be a sell the news, so manage positions. Longby Ccgp-investmentsUpdated 3312
INJUSDT Injective Key levels, Probability and outlook for EntryINJ/USDT Technical Analysis Report Date: January 11, 2024 Overview: Injective Protocol (INJ) has shown a significant bullish movement against USDT as observed on the weekly timeframe on Binance. The recent price action has brought INJ to a pivotal point that may indicate future price directions. Z-Score Probability Analysis: The Z-Score Probability Indicator suggests that INJ has entered a highly bullish zone, with the score reaching a peak of 34.829136, which is a rare event and indicates a strong deviation from the mean price. This could be interpreted as an overbought condition, and traders should be cautious of a potential pullback. The green area expansion on the chart also supports the bullish sentiment, but traders might want to wait for the indicator to cool down before entering new positions. Channel and Support/Resistance Analysis: INJ's price has skyrocketed through the parallel channel, breaking past the upper boundaries, which can be a sign of strong buying pressure. The price is currently hovering around 40.651 USDT with a clear spike in volume, suggesting significant interest at these levels. The dashed lines represent key support levels, with 14.990 USDT being a crucial one to watch, as it previously acted as resistance and could now serve as strong support. Volume Analysis: A spike in trading volume accompanies the recent price surge, which validates the strength of the current trend. High volume is a good indicator of sustainable moves, so the current uptrend might have the momentum to continue, provided the volume remains high. Potential Strategy: Considering the overbought conditions suggested by the Z-Score Probability Indicator, traders might anticipate a retracement. A strategy could involve waiting for the price to test the broken resistance-turned-support levels before considering entry points for long positions. Aggressive traders might look for short-term retracement trades, while conservative traders might wait for confirmation of support holding. Risk Consideration: Given the extreme reading on the Z-Score Probability Indicator, there is a risk of a sharp correction. Traders should use stop-loss orders and consider the high volatility in their risk management strategies. Conclusion: INJ has shown strong bullish momentum, but the extreme Z-Score reading suggests caution. Traders should look for potential entries on retracements to key support levels, keeping an eye on volume and price action for confirmation. As always, maintain a solid risk management strategy to protect against unexpected market moves. This report is for informational purposes only and is not investment advice. Always do your own research and consider your risk tolerance before trading.by meloneusk3
$INJ USDT = Slow momentum Bearish call. #fibBearish Bias: Be wary, the chart is a trap! Despite the uptrend, the volume is waning, indicating a lack of conviction. The Heikin Ashi may look positive, but it's just setting up for the big fall. We're inching closer to overbought territory, and the smart money will soon take profits, leaving latecomers holding the bag. The sentiment is too bullish, which is exactly when the market loves to turn. Get ready for a correction. Fibonacci Retracement Levels: The price action has reached a critical Fibonacci level, often the 0.618 retracement, which is renowned for being a strong resistance zone. If the price struggles to break above this level and starts to turn down, it could signal that the retracement is complete and the primary bearish trend is resuming. The fact that the price is testing this level and failing to breach it with conviction could be interpreted as a sign that the momentum is waning and the bears are preparing to take control. Volume Analysis: From your chart, if the volume is showing a decreasing trend as the price is rising (which is not visible in the text description but could be inferred from the "Volume" indicator at the bottom of the chart), this divergence can be a bearish sign. It suggests that there is not enough buying pressure to sustain higher price levels and that the market may be running out of steam. A drop in volume during a price increase can often precede a reversal, as it indicates a lack of commitment from buyers at higher price points.Shortby osodatsismoso5
INJUSDT Injective next target 56USD? or fakeoutInjective (INJUSDT) is currently in a phase where achieving a new target around $56 is conceivable. Analysts are observing a breakthrough of resistance, which could be a key signal for further growth. However, caution is advised, and the possibility of a fakeout should be considered, especially if this breakthrough is not confirmed on higher time frames. On the 2-hour timeframe, the Money Flow Index (MFI) is very low, indicating potential overflowing liquidity and weaker investor interest. This may suggest that the current price could be susceptible to manipulation, and investors should exercise caution. Nevertheless, a strong daily trend provides positive support. This trend can be considered robust and could potentially overcome any short-term deviations on lower time frames. Investors should closely monitor market developments and be aware of potential risks associated with the current situation. Thorough analysis and strategic decision-making are crucial when trading cryptocurrencies, especially in times when the market may behave unpredictablyLongby BitcoinblockchainonlineUpdated 6
The possibility of growth up to the resistance rangeIn this requested analysis, according to the analysis of this currency in the daily time, we determined its general trend, and then in the 4-hour time, we examined the support and resistance points for this currency and determined the possible movement of this currency. We have provided secure entry as well as average points of subtraction for friends who have or are planning to enter this currency.Longby karaco20226
INJ/USDT Speculative TradingWe are considering a speculative trading idea on the INJ/USDT coin pair. Since the beginning of December 2023, there has been a noticeable increase in the asset, starting from the $16 level and reaching a maximum of $45. This growth amounted to more than 179%, indicating high interest in the asset from buyers. However, after reaching the $45 mark, the asset underwent a correction, decreasing to the $29 level. During the correction, there was a false crossing of the 200-day moving average, followed by a sharp increase. The second touch of the $45 level occurred on January 9, forming a resistance level, indicating the significance of this level in the current context. Considering the current trend, we can predict that the asset will consolidate near the resistance level at $45, with a subsequent breakthrough and establishment of the price above this level. In this case, there is a possibility of opening a long position on the asset upon retesting the $45 level and then holding the asset until the price reaches around $54, which could provide additional profit opportunities of around 20%.Longby Rick_SimpleSwap11
InjusdtHello everyone I am today injusdt analysis 4 hours time frame. This is a super bullish signal wait for price 33 to 30$ then buy long here Please share my analysis another your friends like and commnets stay turd update .. Longby ChartWhales6
Entry in breakeven(INJ)📊Analysis by AhmadArz: wait for back to breakeven 🔍Entry: 4.396 🛑Stop Loss: 40.236 🎯Take Profit: 42.626 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!Longby ahmadarzUpdated 5
Price DiscoveryInjective just entered price discovery on huge breakout volume. Ideally we get another 1-2 week base just above the prior ATHs, which would act as another launchpad to FOMO inducing prices...just in time for a "sell the news" on the Bitcoin ETF deadline (Jan 10). Anyone's guess, but just for fun, thinking we spike to $75Longby ZenTradesRWUpdated 11
INJINJ 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.by Kartik_Elkunchwar5
INJ BULLS TOOK OVER THEN WHAT!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. INJ BULLS TOOK OVER! As we can see price broke above our major swing high, and finally bulls took over from a long-term perspective. Meanwhile, price is sitting around our all-time high and round number 45, where we can start looking for new bearish movement as a correction one. Moreover, if that happens, then as the price will be approaching our lower strong zone, previous major low, lining up with a rising trendline, then we will be looking for new longs as a trend-following buy setups. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Shortby Hadi_karaali5
INJ going for $100?●INJ holding like a beast ●Daily FVG is holding strong for INJ ●No daily candle closing below the $28.326 for INJ to remain bullish. ●For now INJ looks bullish..New ATH loading next stops are $61 & $77Longby Camouflage89119
INJWe stood for the second time at 2990₽ and we can’t go higher. The patterns of the golden cross and triangles have already been fully worked out, the moving averages are tightening up, there is a local maximum zone again, what next? On the short-term chart, the asset has almost completely completed the symmetrical triangle pattern, approaching the local resistance level (previous highs), and the rollback from this level is also within normal limits. I expect a rollback to 2800~2850₽, then go through the local maximum and resistance zone 3 times (I see it at the level of 3017.5₽). By the end of the year there is a great chance to reach 3100 rubles, and the prospect of growth up to 3300 rublesLongby Bybitkiller5
inj on verge of another breakout seems like getting ready for another breakout to the upside formed bullish pennant in h6 tf and expecting upside breakout successful breakout can lead another massive bullish rally expecting move towards 60$ incase of successful breakout Longby Worldofchartsfx2217
INJUSDT (SHORT)It has been rejected multiple times at resistance zone at $40.. Now, if its unable to break $37.5 - $38 we are gonna short our position to given target and next demand zone which is we below $30. Risk reward is above 2 so it is worth taking the risk here! Shortby RazaKhan07Updated 3
INJ - TrendlinesHere are some trendlines for INJ on the 30min trimeframe that have played a key role with current price actionby VIAQUANT3