$INJ setup for 50% gain on next days, 3D timeframe
Updated
IINJ setup for 50% gain on next days, 3D timeframe:
We are on 3D timeframe here. Blue arrows number '1' and '2', were bottom pivots on Hodlfire Indicator (copyrighted) right over the Exponential Moving Average 200 (3D 200EMA) line (green), and we just got a 3rd, right over the 200EMA again (the last blue panel under late price movements)
So, as we are pivotting the bottom here, we expect next target on the last reset of VWAP line (orange line) at 38.60 usd, bringing over 50%
There was a first and second confirmation of trend, (1.) the support on all-time-high of the last cicle (pink line) and (2.) break of diagonal blue trendline; if you want to wait for another confirmation, the 3rd, just wait suport over the black VWAP quarter line around 27.00 usd
We are on 3D timeframe here. Blue arrows number '1' and '2', were bottom pivots on Hodlfire Indicator (copyrighted) right over the Exponential Moving Average 200 (3D 200EMA) line (green), and we just got a 3rd, right over the 200EMA again (the last blue panel under late price movements)
So, as we are pivotting the bottom here, we expect next target on the last reset of VWAP line (orange line) at 38.60 usd, bringing over 50%
There was a first and second confirmation of trend, (1.) the support on all-time-high of the last cicle (pink line) and (2.) break of diagonal blue trendline; if you want to wait for another confirmation, the 3rd, just wait suport over the black VWAP quarter line around 27.00 usd
Note
This setup is still valid!We now have a 4th touch on the 200 EMA line on a 3 days time frame
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