#injusdt #injective. Inverse head and shoulders. Get long
2024-10-13

#crypto. A strong pattern with a high probability trade has formed on injective. We have an inverse head and shoulders pattern. We have broken through the neckline. Not is has retested the neckline and turned resistance into support.  This is a perfect formation to drive the price to the target from the inverse head and shoulders of 28. Get long now at 20.33

RSI is climbing higher and higher on each new low indicating the buyers are back in control.

STO has bottomed out at 30 and is ready to bounce back to 70.

Volume is not doing much though.

Target 1 is 28 bucks. From 20.33. That is an unleveraged possible 38% play.  Worth the risk.

Stop out at 18. Crypto can be a nasty place so dont ride the elevator all the way back to ground.

GL and message me if you would like me to look at particular charts and provide my opinion.

