Injective (INJUSD) has been trading within a Rising Wedge pattern since the March 02 High. Right now it broke above its 1D MA50 (blue trend-line) again, following a September 01 Higher Low on the pattern's bottom.
This is technically the start of its new Bullish Leg and given the fact that both previous two peaked on their 1.136 Fibonacci extensions, we set now a medium-term Target of 17.150.
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This is technically the start of its new Bullish Leg and given the fact that both previous two peaked on their 1.136 Fibonacci extensions, we set now a medium-term Target of 17.150.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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đź‘‘Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
đź’°Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
đź’°Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.