Initia Breaks Downtrend · 300% Profits Potential Chart SetupHere we have a nice chart setup and we are aiming for 144% short-term followed by 300%+ potential profits. Initia—INITUSDT—broke out of a downtrend 10-July with a full green candle and is already trading above EMA21. This is a solid, easy and simple chart setup.
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INITUSDT 1D#INIT is moving inside a falling wedge pattern on the daily chart. Consider buying at the current price and near the support level at $0.3992.
In case of a breakout above the pattern resistance, the upside targets are:
🎯 $0.5794
🎯 $0.7291
🎯 $0.8502
🎯 $0.9712
🎯 $1.1435
🎯 $1.3630
⚠️ As always, use
INTUSDT – LONG RecommendationINTUSDT – LONG Recommendation
Trade Type: Spot or Intraday/Short-term Scalping
Entry: Current price ~$0.5347; accumulate incrementally if price drops lower.
Exit Strategy: Follow Daily timeframe (D1) peaks for closing positions.
Holding Period: Determined by D1 peak cycles (typically intrada
INIT | Bullish DivergenceThe INIT/USDT daily chart shows a compelling bullish divergence setup that could signal a potential reversal from the current downtrend.
Bullish Divergence Pattern:
Price has made lower lows while RSI shows higher lows
This divergence often precedes trend reversals
Price is currently testing the
#INIT/USDT Potential Bullish Reversal After Down Channel Break #INIT
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the low
INIT/USDT Potential Bullish Reversal After Falling Wedge Break📊 Chart Pattern & Structure
Descending Trendline (Yellow Line): From early May to late June, INIT/USDT formed consistent lower highs and lower lows, creating a strong downtrend structure.
Accumulation Phase: In late June, the price consolidated around the $0.40 – $0.48 range, forming a base and is
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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