✴️ Injective 6X SHORT (368% Potential)

I think the best way to explain it is just by saying, "market cycle."

The chart does have a few weak signals such as: a lower high based on session close, more than two months of sideways with low volume, break below EMA10 (3D TF) as well as Bitcoin's top.

"Market cycle" is easier.

Here goes the Injective short trade-numbers.

My wish is that you can make money on the way up, as well as on the way down.
We ride the waves...
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SHORT INJUSDT

Leverage: 6X

Buy-in: $39 - $35

Targets:

1) $33
2) $29
3) $26
4) $23
5) $21
6) $19
7) $14

Stop-loss: Close daily above $40

Potential profits: 368%

Capital allocation: 4%
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When the correction is over or reaching its end, I will be here looking at all the charts and sharing LONG trade ideas for us to trade. Some will do good, others will fail but my wish is that we can grow and profit together.

Thanks a lot for your continued support.

You are appreciated.

Namaste.

Bình luận:

We will use average entry price as $36 for this calculation.

➖ From a price of $36 to a low of $18.12; total drop would amount to 49.67%; multiplied by 6X = 298%

👉 Maximum potential profits for this chart setup amounts to 298%. With a higher entry, max. profits potential can be much higher...

👉 INJUSDT is trading below the 0.618 Fib. retracement level. This points to the possibility of lower prices... We have one target left but it can go much lower.

Targets:

1) $33 |Hit
2) $29 |Hit
3) $26 |Hit
4) $23 |Hit
5) $21 |Hit
6) $19 |Hit
7) $14 |Next target...

Everything happened exactly as Lord Alan predicted —The world greatest Cryptocurrency market analyst.

Thanks a lot for your support.