INJECTIVE - INJ/USD

- USD (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	INJUSD
ISIN:

INJECTIVE - INJ/USD - Daily - Technical analysis published on 06/26/2023 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 6.90 USD

My targets

7.94 USD (+9.67%)

9.30 USD (+28.45%)

My analysis

A bullish trend on INJECTIVE - INJ/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 6.90 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 7.94 USD. Then the price could move towards 9.30 USD. Be careful, a return below 6.90 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The INJECTIVE - INJ/USD rating is 7.24 USD. The price has increased by +4.02% since the last closing and was between 6.80 USD and 7.28 USD. This implies that the price is at +6.47% from its lowest and at -0.55% from its highest.

6.80

7.28

7.24

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this Daily chart of INJECTIVE - INJ/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	2.65	4.17	5.80	7.24	7.24	7.94	9.30
Change (%)	-63.40%	-42.40%	-19.89%	0%	-	+9.67%	+28.45%
Change	-4.59	-3.07	-1.44	0	-	+0.70	+2.06
Level	Minor	Minor	Major	Major	-	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.47	6.68	6.82	7.03	7.17	7.38	7.52
Camarilla	6.86	6.90	6.93	6.96	6.99	7.02	7.06
Woodie	6.44	6.66	6.79	7.01	7.14	7.36	7.49
Fibonacci	6.68	6.81	6.90	7.03	7.16	7.25	7.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.49	5.20	6.05	6.76	7.61	8.32	9.17
Camarilla	6.48	6.62	6.77	6.91	7.05	7.20	7.34
Woodie	4.57	5.24	6.13	6.80	7.69	8.36	9.25
Fibonacci	5.20	5.79	6.16	6.76	7.35	7.72	8.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.80	4.70	6.00	6.90	8.20	9.10	10.40
Camarilla	6.70	6.90	7.10	7.30	7.50	7.70	7.91
Woodie	4.00	4.80	6.20	7.00	8.40	9.20	10.60
Fibonacci	4.70	5.54	6.06	6.90	7.74	8.26	9.10

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.68
MACD (12,26,9):	0.0700
Directional Movement:	3.58
AROON (14):	57.14
DEMA (21):	6.76
Parabolic SAR (0,02-0,02-0,2):	5.72
Elder Ray (13):	0.27
Super Trend (3,10):	7.67
Zig ZAG (10):	7.22
VORTEX (21):	1.0000
Stochastique (14,3,5):	78.53
TEMA (21):	6.89
Williams %R (14):	-12.99
Chande Momentum Oscillator (20):	1.29
Repulse (5,40,3):	3.7400
ROCnROLL:	1
TRIX (15,9):	-0.1600
Courbe Coppock:	25.02

MA7:	7.01
MA20:	6.47
MA50:	6.68
MA100:	6.56
MAexp7:	6.92
MAexp20:	6.72
MAexp50:	6.69
MAexp100:	6.20
Price / MA7:	+3.28%
Price / MA20:	+11.90%
Price / MA50:	+8.38%
Price / MA100:	+10.37%
Price / MAexp7:	+4.62%
Price / MAexp20:	+7.74%
Price / MAexp50:	+8.22%
Price / MAexp100:	+16.77%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15830

Number of analyses :

95331

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…