Crypto markets have had some time to cool off and most assets have formed what is HOPEFULLY reaccumulation ranges.
This is a daily chart for INJ. Price has pulled back to the macro trend line, broken structure to the upside, pulled back 50% and appears to be finding support following the momentum curve.
Potential Targets:
An ABC mearsured move target aligns perfectly with the golden pocket and value area low for a 25-30% increase.
There is also a reverse head and shoulders style range forming with a target of the value area high. Nice and proportional. Looks ready or awfully close if continuation is in the future.
Invalidation will be a brake and rejection off the trend line.
Trade Well....
Your Friend,
Degen
This is a daily chart for INJ. Price has pulled back to the macro trend line, broken structure to the upside, pulled back 50% and appears to be finding support following the momentum curve.
Potential Targets:
An ABC mearsured move target aligns perfectly with the golden pocket and value area low for a 25-30% increase.
There is also a reverse head and shoulders style range forming with a target of the value area high. Nice and proportional. Looks ready or awfully close if continuation is in the future.
Invalidation will be a brake and rejection off the trend line.
Trade Well....
Your Friend,
Degen
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.