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Technical analysis by Zaurus_Trades about Symbol INJ: Buy recommendation (2/2/2024)

https://sahmeto.com/message/934337
Zaurus_Trades
Zaurus_Trades
Rank: 20951
1.3
Buy،Technical،Zaurus_Trades

Injective consolidated for over 40bars. The formed flag goes to an end. Projected both options if it breaks downwards and upwards. Breaking the top would lead us to new ATHs, therefore RR is much higher. Nevertheless, don't forget that after the break the price should comeback for retesting, therefore don't open too early. Just an idea.Short position has been opened at 31.34 Stop loss: 34.15 good luck have fun.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$34.5
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