Major Move Coming for INJUSD: Will You Be Ready?Yello, traders! Are you ready for what could be a significant shift in INJUSDT's trajectory? Let’s dive into the details:
💎INJUSDT has shown an Internal Change of Character (I-CHoCH), taken inducement, and then formed a W pattern from the support zone, which increases the likelihood of this pattern playing out.
💎If INJ breaks above the resistance zone, it will validate the W pattern, and we can anticipate a strong bullish move.
💎In the event of a pullback, we might see a bounce from the support zone. However, it's wise to wait for an I-CHoCH confirmation on a lower time frame to be sure.
💎If the price breaks down and closes below the support zone, it will invalidate our entire setup. In this case, it's better to ignore the current action and wait for a more reliable price formation.
Trade smart, stay disciplined, and keep your eyes on the charts! The market is full of opportunities, but only those who stay focused and patient will succeed. 🎖
MyCryptoParadise
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Injusdtanalysis
INJ: Bullish OB and Fibonacci Levels Signal Potential Upsurge 🚀💎 Paradisers, #INJUSDT has broken out of the resistive trendline with a Fair Value Gap (FVG), and subsequently, the price showed a Change of Character (CHoCH) towards the bullish market structure, enhancing the probability of a bullish move.
💎 My idea for #INJ is to look for bullish signs at the bullish Order Block (OB) combined with the Fibonacci 0.5 and 0.618 zones. If we detect any bullish signs like an Internal Change of Character (I CHoCH), we can expect a bounce from here to target external liquidity (Previous Swings). These liquidity zones are also ideal for booking profits.
💎 However, if the price doesn't show any bullish signs and instead falls below the bullish OB zone, it will invalidate our entire idea. In that case, it would be better to wait for more favorable price action to develop.