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INJ / TetherUS
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Injective (INJ) - 60% correction in the months ahead

901
On the above weekly chart price has enjoyed a massive 3000% rally. A number of reasons now exist to be bearish. They include:

1) Broken market structure, failed support.
2) Trend reversal.
3) High negative divergence. Almost as strong as the positive divergence the rally began with.
4) The target areas for support include 60% and 80% correction to $8 and $5, respectively.
5) This should take about 1 year to play out.

Is it possible price action continues printing higher lows? Sure.
Is it probable? No.

Ww
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Nothing has changed that would void this idea. A few message asking.

snapshot
without_worries
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Também em:
Multiple Time Frame AnalysisSupport and ResistanceTrend Analysis

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Multiple Time Frame AnalysisSupport and ResistanceTrend Analysis
without_worries
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Também em:

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.