Following on from it's previous breakout hitting an ATH of $11.19, I have taken another look and can see INJ is following a trendline that it has used as support since 11th January. If you look at the previous wedge breakout, INJ is repeating the same pattern, but this time on a much larger scale. With this in mind, I expect INJ have another massive breakout...
Following on from it's explosive breakout reaching $11.19, $INJ is currently building an enormous bull flag with pressure building for an inevitable breakout very soon. First target will be $10.00, but it won't stop there for long so buy under $10 whilst you can!
TWITTER ANNOUNCEMENT Jan 19 2021 Injective Protocol is listing on Huobi, which currently stands as one of the world’s largest cryptocurrency trading platforms by volume. INJ is officially listing on January 19, 2021. Initial trading pairs will include INJ/ETH, INJ/BTC, and INJ/USDT. *** Previous chart that I published was 8 days premature but on target. INJ...
INJ is heading to $6 zone and is likely to fall deeper to $4.5 zone over the next few days. At this moment, we could not find any positive sign for INJ 📈BUY -Buy: 6.0-6.3$. SL if B -Buy: 4.3-4.6$. SL if B 📉SELL -Sell: 8.6-9.0$. SL if A -Sell: 6.0-6.3$ if B. SL if A ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes...
Looking across the market, oscillators have reset and pullback completed - ready for the next step up. Target based on fib extension 1.618, stop below latest swing low. Strong fundamentals, creating derivatives protocol for DEX. Looking strong vs both BTC and ETH.
Next to the $SNX, $INJ is probably the second strongest derivatives project. Still at relatively small market cap of $136 million compared to SNX which is about 1.6 Billion $. Plenty of room to grow. Backed by Binance and other well known investors, Layer 2 speed, unlimited markets (forex recently added) and zero gas fees. 30D vs. USD - 203% 30D vs. BTC -...
This is my personal opinion about Injective protocol in the short/mid-term. Injective has a great and active community and a great concept being built, but there are too few tokens released for this price-action to last. There are better, similar projects that has far better potential for growth at these prices. Although I believe INJ will definitely 5x from...
$INJ is just unstoppable, huge move coming soon with a initial target of $7.50 on break out.
Not financial advice. I am a noob practicing TA. Leave a comment.
As Ethereum and Polkadot are two of the giants in the layer-1 space today, the opportunities for cross-chain derivatives DEX are truly limitless. Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without...
#INJUSDT Technical Analysis Update Channel Breakout INJ/USDT currently trading at $4.80 LONG ENTRY level: $4.55 to 4.80 STOP LOSS: below 4.20$ Target 1: $5.36 Target 2: $6.50 Max leverage: 3X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
INJ is consolidating within a bullish pennant, I expect a breakout towards $4.70 region anytime soon. There is also hidden bullish divergence which further strengthens this outlook.
Injective Protocol is somehow following Fibonacci patterns precisely while in Price Discovery. What manipulation?! Anyways, what we had with rise 1, was a drop to the 61.8% line, pretty much on the dot. This bounced hard and hit the exact point of 1.618%. On the way down, this also hit the 61.8% almost exactly on the head (weird). So, here we are, about to...
I'm super bullish and a breakout above the channel will propel INJ towards $3 in the not too distant future! At the time of posting, $1.90 is the base with 2.50 being top of channel.
Let me start by saying that we don't ever, ever trade this type of chart... We only look at charts for trading that are very low risk and BEFORE the bullish action starts. Here we have INJBTC (Injective Protocol) after really strong bullish action. Right now resistance is being faced at the 1.618 Fib. Extension level marked with a red dashed-line. Above this...
INJ - Injective Protocol - is one of what I think as the top ICO this year. Graph Protocol (another favorite) will utilize the Injective Protocol, as will Polkadot and many other networks. I purchased this one at $.70, and I am not sure why I waited this long to post it, but probably because I wanted to show a valid uptrend. After hitting $1.30 today, INJ...