Wasn't highlighting INJ while it was pumping, as it was already pretty high and hard to get a proper risk reward setup. At week timeframe it is still at crazy distance from where it started.
Those are zones that are good to watch for correction: 7.5 / 6.9 / 6
@WiseAnalyze #INJ
Those are zones that are good to watch for correction: 7.5 / 6.9 / 6
@WiseAnalyze #INJ
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Wasn't highlighting INJ while it was pumping, as it was already pretty high and hard to get a proper risk reward setup. At week timeframe it is still at crazy distance from where it started. Those are zones that are good to watch for correction: 7.5 / 6.9…
INJ went down as expected already by 25% from last post price. First two zones I've marked didn't give any sufficient reaction to price, so logically waiting for the last one at $6 to be touched.
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Near ATH at Binance (25.306). From current price high chances for breakout into red zone next week. After that either bounce in between red and green box or breakout higher.
Obviously bullish scenario steps back if start trading below green box (<14.14) on weekly.
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Near ATH at Binance (25.306). From current price high chances for breakout into red zone next week. After that either bounce in between red and green box or breakout higher.
Obviously bullish scenario steps back if start trading below green box (<14.14) on weekly.
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INJ reclaimed back 2023 close. Now at 1H resistance.
Bullish confirmation on acceptance above that OB.
@WiseAnalyze #INJ #ta
Bullish confirmation on acceptance above that OB.
@WiseAnalyze #INJ #ta
Nasdaq also pumping today. We have a long there that just made 3RR 😎
On Nasdaq chart there is a gap till 16800, which is an attractive target as all gaps are.
P.S. Remember what I wrote in "Expectations for the week" - that bounce was foreseen. The question is if it will be able to continue much longer.
@WiseAnalyze #INJ #update
On Nasdaq chart there is a gap till 16800, which is an attractive target as all gaps are.
P.S. Remember what I wrote in "Expectations for the week" - that bounce was foreseen. The question is if it will be able to continue much longer.
@WiseAnalyze #INJ #update
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INJ consolidates around 2023 close for 1.5 month now. That is a strong level and once price decide to move one way or another there will be a strong impulse.
Month chart forms doji candle with wide spread of tails. Week chart has five doji candles in a row 😱
I understand you wait to hear my forecast, but I can't say anything specific here. Price is already pretty high, but that is crypto and INJ has no resistance above, so there are no limits except for the greed and fear of those who hodl. While above 2023 close stays bullish.
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@WiseAnalyze #INJ #ta
INJ consolidates around 2023 close for 1.5 month now. That is a strong level and once price decide to move one way or another there will be a strong impulse.
Month chart forms doji candle with wide spread of tails. Week chart has five doji candles in a row 😱
I understand you wait to hear my forecast, but I can't say anything specific here. Price is already pretty high, but that is crypto and INJ has no resistance above, so there are no limits except for the greed and fear of those who hodl. While above 2023 close stays bullish.
✌🏼 Support the channel - sign up to MEXC, BingX or ByBit - exchanges with my ref links and receive maximum possible discount on fees + bonuses
@WiseAnalyze #INJ #ta