INJ / TetherUS
āļĨāļ”āļĨāļ‡

Big short on ING! ðŸ”ī

āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:
there is 3 reasons I see to short INJ:

1. 0.61 fibonacci pushed back the price 2 times forming a double top pattern
2. Bearish divergence in the weekly chart
3. Reversal candle on the monthly chart confirms the dump

we expect the price to reach the target in about 5-7 weeks

Target: 3.7 (+54%)
SL: closing above 9 (-15%)

manage your risk, good luck everyone
āļāļēāļĢāļ‹āļ·āđ‰āļ­āļ‚āļēāļĒāļĒāļąāļ‡āļ„āļ‡āļ”āļģāđ€āļ™āļīāļ™āļ­āļĒāļđāđˆ
already droped by 15% ðŸ’ĨðŸ’ĨðŸ’Ĩ
Chart PatternsFundamental AnalysisTechnical Indicators

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš