Medium- or long-term trade #6 for Injective INJ price

4 sept 2023

It seems to us that the price chart of INJUSDT shows a continuation of "the Cup and Handle" trend pattern.
Accordingly, the following conditions for medium- or long-term trading are valid and applicable:
Enter = 6,56
Stop = 6,19 ( - 5.6%)
TP = 11,34 ( + 72.9%)
P/L ratio = 12.9

We allocate $10,000 for this trade
In the event of a mistake, we will lose $564
If the trade will success, we will receive a profit of $7287

What do you think about this trade, and what is your vision? Write about it in the comments!

10 sept 2023

Operación activa

13 sept 2023

Nota

INJ trade is relevant. This cryptocurrency showed its strength while other indicative trades reached stop orders.

For this trade to be implemented successfully, the price of INJ should not fall below $6.55. If we see the weakness of buyers in this part, we will think about closing the position without waiting for a stop order.

Has anyone traded INJ? Write in the comments!

22 oct 2023

Operación activa

+40% and this is not the end

25 oct 2023

Operación cerrada: objetivo alcanzado

6 weeks, profit +73% and +$7300 to deposit