Technical analysis by alikze about Symbol INJ: Buy recommendation (1/25/2025)

alikze

🔍 Technical analysis: Bullish Diamond Pattern on Daily Timeframe, Sideway Price Movement📣 INJUSDT In the analysis presented in the 12-hour timeframe, it was noted that the INJ currency is moving in an ascending channel.🟢 After reaching the $25 area, the price corrected, which extended to the green box area, and then in the green box area, with demand, the price advanced to the supply area.🟢 Currently, in the daily timeframe, the price corrected with a zigzag correction to the Fibonacci 1.618 area after reaching the supply area and the ceiling of the ascending channel.💎 After that, the price had a sideways movement and has now formed an ascending diamond pattern.💎 Therefore, we expect the price to continue its growth again in accordance with the movement path to the supply area before the $35 area.🔔It should also be noted that if the price breaks the Fibonacci 1.618 area, the bullish scenario will be invalid and must be reviewed and updated again.»»»«««»»»«««»»»«««Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.Thanks for your continued support.🙏Best Regards,❤️Alikze.»»»«««»»»«««»»»«««