INJ: Unleash the Kraken – Is a Major Move Ahead?

Sep 17

The price action on this one is looking beautiful.

It held the previous low and seems like a no-brainer heading into the $25 range. The market is moving nicely so far.

Any buys from here down to $18.5 are excellent for this swing.

Sep 18

Trade active

Let’s see how far it can go.

Hopefully, it doesn’t oscillate in this range for weeks. I anticipate that September may be somewhat slow, but I’ve secured the entries I wanted.

Sep 23

Trade active

Easy magnet at $25

Slowly getting there.

Sep 29

Trade active

I believe $21.6 will establish a new floor, so be prepared to place bids around that level for a secondary entry. While it’s currently one of the slower-moving coins, I have faith it will experience a solid run-up later this year. INJ

Oct 1

Trade active

I’m in for my second entry at $21.6, adding to my initial position.

If it closes below this level, I’ll consider it a deviation and will cut the trade. Staying disciplined!

Oct 1

Note

No way I’m closing this yet! Everything is hitting those mid levels, so I’ve added more on the lows and adjusted the stop-loss.

If it hits, I’ll stop micromanaging and accept that I was wrong this time. But for now, this trade is still alive in my books!

Oct 4

Note

I held on to it. I need to recognize that the trend is still intact.

It’s common to try to anticipate a bounce or continuation, only to see it drop further before hitting your stop-loss. That’s why I prefer to ladder in my bids, with the strongest ones placed closer to my ideal stop-loss level. (In an ideal world, it will just bounce from my entries to make an ATH ;) )


This one may take some time, but I see it moving above $25 and trending positively. Unfortunately, everything hinges on BTC right now.

Oct 12

Note

Still holding this one.

Adjusted the SL and should be free to move regardless if I get stopped out or not.

Oct 12

Note

I've added to the intial entry.

Same position and moved the stop to only lose based on the last add

Oct 28

Note

So far, I’ve lost on the last add. There's no point in adding more risk.

I will hold the rest as long as $18 holds.