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INJ / TetherUS PERPETUAL CONTRACT

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INJUSDT.P trade ideas

Update INJUSDTFrom the general view of the chart and the update of the previous chart, we find that there is a strong weekly resistance that was tested three times and was unable to break above it. In addition, it has completed a compound upward wave, and it is possible that it will fall strongly in the coming period to visit the strong support area in the shaded area. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look Good luck
Short
by KhaldHegazy
3
INJ 1D Short AnalysisHey, Just want to share my idea on whats happening with INJ on the daily chart. So at the start we can see a clear 1-5 Elliot wave hitting the 2.618 projection where 5th makes a Bearish double top Pattern. whats next ? ---> ABC.... Right now the price action is after doing a Breakout (Not shown in this chart but if you draw a trendline from 2-4 you will see a 3 touch breakout forming the A wave) is heading back up to retest the breakout and also forming a B wave to the 618 Level or the top of the Terminating channels (Drawn from the top of 3 to the bottom of A). We Continue and look at our RSI and see Hidden Bullish Divergence which confirms the price is on its way to form a B wave. Going forward we can also see an incoming 3 touch breakout (trendline from 4-A) which would then reflect on my Magnetic EMA indicator (very bottom one). Right now I am waiting for the price action to pump up a little bit closer to the top of the trend channel before im going to start looking for short entries. If it doesnt pump back up then my entries will be at the 3touch breakout. wheres the TP ? - TP on an ABC are usually between wave 2-3 so in my opinion the safe TF is at the 1.618 at around 4.102$ (35% down) but everything could change when we see more waves. Lets go !
Short
by Mateusz_Matyja
INJUSDT Double Bottom - A Potential Game Changer💎 #INJUSDT has recently formed a double bottom near the $6.2 support. But, at the same time, the downtrend trendline is holding strong, suggesting that bears are still in control. 🐻 💎 However, the presence of a potential double bottom introduces the possibility of a sentiment shift from bearish to bullish if we witness a decisive 4-hour break and close above the trendline. This could be a game-changer Paradisers. 🎮 💎 In the event of a clear 4-hour breakout above the trendline, #INJUSDT may embark on an upward journey toward the nearest supply zone, located around the psychologically significant $8 resistance. If we break above this zone, it could magically transform into a demand area, setting the stage for further growth. 🪄 💎 In this optimistic scenario, #INJUSDT might set its sights on the next supply zone, which, this time, is situated at the $10 psychological resistance level. Paradise team members should be prepared for this exciting possibility. 🚀 💎 Overall, the outlook seems to favor the formation of a bottom. However, we must remain vigilant and ensure that no new lower lows are printed, as a downside breakout would once again affirm bearish dominance. 🚫🐻
Long
by MyCryptoParadise
INJUSDT looking bullish for short termThe price hit the daily support and bounced from there. Missed this opportunity as I was out and could not monitor this opportunity. The ideal long would have been 4 hours ago where the price pulled back after the bounce from the daily support zone DS1. Anyways, the outlook for short term trades are looking to be favoring long side. Any pullback to 6.40-6.46 is for buy towards 4h resistance 4HR1 provided the price has not hit the 4HR1 zone before doing so. I think the price has a possibility to move beyond that resistance level but I will wait for a good entry. Till then lets wait.
Long
by angela_altair
INJUSDT at 4h resistance, likely to head downThe price broke down further after losing the daily support. However, it bounced well and tested 4h resistance 4HR1. The price was rejected from that resistance on several attempt sand now the price has made the next attempt. Although it is repeated attempt, the probability is still in favor that it will be rejected again, and therefore a short is favorable. Howeverm since its a repeated attempt, the size should be kept low to minimize the risk.
Short
by angela_altair
2
INJUSDT at daily support, likely to head to 6.99-7.06Here is a long trade idea for INJUSDT. The price is currently trading around daily support. I think the price is likely to move towards the 4h resistance 4HR1 sitting around 6.99-7.06. It is also possible that the pullback from the push upward towards the daily resistance DR1 is almost over and we may see further move up beyond that resistance. But let us stick to this long trade and target 4HR1 zone as the target of this trade.
Long
by angela_altair
2
#INJ back to 3$? INJ had a very strong support level at 7.6$ where it couldn't manage to stay above, breaking below, leads the coin towards to M FVG at 5.6$ as a magnet Where either the coin will bounce to retest the resistance line at 6.66$ which currently tries to be a support. And we will see a bear reaction, in this case coin may drop lower to 3$ (n.1) Or after the bounce from M FVG #INJ will bounce and break through 6.66$ level to continue ascending move towards to 7.6 - 8.6$ (n.2)
Short
by vazitrades