INJECTIVE - INJ/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	INJUSD
ISIN:

INJECTIVE - INJ/USD - Daily - Technical analysis published on 08/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

83%

My opinion

Bearish under 7.94 USD

My targets

6.88 USD (-3.78%)

5.82 USD (-18.60%)

My analysis

In the short term, we can see an acceleration in the bearish trend on INJECTIVE - INJ/USD, which is a positive signal for sellers. As long as the price remains above 7.94 USD, a sale could be considered. The first bearish objective is located at 6.88 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 5.82 USD as an objective. Crossing it would then enable sellers to target 3.80 USD. If the price were to return above 7.94 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

5.9

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.

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Additional analysis

Quotes

The INJECTIVE - INJ/USD rating is 7.15 USD. The price has increased by +0.99% since the last closing and was between 6.95 USD and 7.35 USD. This implies that the price is at +2.88% from its lowest and at -2.72% from its highest.

6.95

7.35

7.15

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this INJECTIVE - INJ/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of triangle

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	3.80	5.82	6.88	7.15	7.94	9.29
Change (%)	-46.85%	-18.60%	-3.78%	-	+11.05%	+29.93%
Change	-3.35	-1.33	-0.27	-	+0.79	+2.14
Level	Minor	Major	Intermediate	-	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.18	6.57	6.82	7.21	7.46	7.85	8.10
Camarilla	6.90	6.96	7.02	7.08	7.14	7.20	7.26
Woodie	6.12	6.54	6.76	7.18	7.40	7.82	8.04
Fibonacci	6.57	6.81	6.96	7.21	7.45	7.60	7.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.74	7.15	7.41	7.82	8.08	8.49	8.75
Camarilla	7.48	7.54	7.60	7.66	7.72	7.78	7.84
Woodie	6.66	7.11	7.33	7.78	8.00	8.45	8.67
Fibonacci	7.15	7.41	7.57	7.82	8.08	8.24	8.49

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.89	6.29	7.08	8.48	9.27	10.67	11.46
Camarilla	7.27	7.47	7.67	7.87	8.07	8.27	8.47
Woodie	4.59	6.14	6.78	8.33	8.97	10.52	11.16
Fibonacci	6.29	7.13	7.64	8.48	9.32	9.83	10.67

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):	31.39
MACD (12,26,9):	-0.2500
Directional Movement:	-17.11
AROON (14):	-85.72
DEMA (21):	7.43
Parabolic SAR (0,02-0,02-0,2):	7.69
Elder Ray (13):	-0.42
Super Trend (3,10):	8.18
Zig ZAG (10):	7.08
VORTEX (21):	0.8500
Stochastique (14,3,5):	7.76
TEMA (21):	7.17
Williams %R (14):	-91.47
Chande Momentum Oscillator (20):	-0.88
Repulse (5,40,3):	-8.8300
ROCnROLL:	2
TRIX (15,9):	-0.3200
Courbe Coppock:	14.68

MA7:	7.41
MA20:	7.77
MA50:	8.20
MA100:	7.46
MAexp7:	7.35
MAexp20:	7.72
MAexp50:	7.83
MAexp100:	7.41
Price / MA7:	-3.51%
Price / MA20:	-7.98%
Price / MA50:	-12.80%
Price / MA100:	-4.16%
Price / MAexp7:	-2.72%
Price / MAexp20:	-7.38%
Price / MAexp50:	-8.68%
Price / MAexp100:	-3.51%

Quotes : - Real time data - Cryptocompare

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

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Londinia AI

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