INJBTC
Injective protocol INJ INJ is a project invested and supported by the Binance Labs fund
Injective Protocol is a cross-chain platform deployed on the basis of two protocols, Ethereum and Cosmos, so that users do not experience problems with high gas prices.
Among the key features of the project, it is worth noting decentralized trading in derivative financial instruments, the ability to trade on any market, cross-chain trading, yield generativity, a community-driven network, and high-speed DEX.
The project investors are Pantera, Hashed, and of course Binance Labs.
It is also worth paying attention to the technical analysis and consider the INJ chart :
From the peak, we fell by 95% and came to the zone from which the growth began and in which there were good volumes, and when we return to this zone, now we also see large volumes. If we analyze the behavior of coins in the previous bear market, then on average coins fell by 93-95%.
Therefore, I consider it unlikely that INJ will show a strong fall from these values, it would be logical to test the $1 level and start forming a bottom from there. So far, we are not seeing signs of strength in this coin to expect any growth in the coming month. Unless we quickly get out of this wedge and the price fixes above $1.7
Injective Protocol (INJ) formed bullish Gartley for upto 15% pumHi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ)
Previously I shared a long-term trade setup for INJ, which is still in play:
Now on a 2-hour time frame, INJ has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
INJ/USDT Request Chart analysis#INJUSDT Request Chart:
#INJ is rejected from the LTF resistance level.
IMO $around $8 will be the best entry with $7.50 Stop Loss.
As per the chart Now trading around $8.95
And if BTC dumped then it can hit around $8
If breaks $13 then It can hit $25 also.
If you enter in this proce then no problem you can also try to catch if dip posible.
But strict Stop loss place think don't forget.
★ INJ/USDTINJ has dropped quite a bit from its last breakout to the upside. It is still far away from most of its MAs, and the last MMR band acts as dynamic resistance for this pair. I am expecting a drop down to the 90 EMA before it bounces back up, retesting $12.85, $13.5, and $14.3 resistances on its way back up as BTC becomes more bullish, pushing the altcoin market along the way.
INJ/USDT 4HOUR UPDATEWelcome to this quick inj/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- INJ/USDT Broke out of the triangle and retesting. Expecting 30% to 40% soon.
Entry:- 10.64$,11.24$,
Traget:-
T1:- 12.07$
T2:- 13.35$
T3 :- 14.76$
T4:- 15.47$
Stoploss:- 9.74$,
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
INJ/USDTINJ has been very volatile for its price range recently which provides good trading opportunity on this pair. Volatility is the bread and butter of a trader, without volatility you make no money in the market. With high volatility comes high risk, however, INJ has so far maintained proper S/R areas and is moving in a predictable zone. I am expecting INJ to make some sharp moves to the upside and retest price around the bottom of each of the consolidation areas which formed before the last multiple price crashes. We may expect retests at around 10.630, 11.700 and 12.450.
Injective has the cleanest and strongest trend out there!INJUSDT and INJBTC look very solid. INJ, AXS & ALPHA all came about the same period on Binance and they were some IEOs that have done very very well. I won't go deep into the fundamentals of the project but I really like the concept and the fact that they are doing lots of things to expand across different chains and bring in many innovative projects. ALPHA was the early bloomer, INJ initially was strong but then started lagging massively. It never got frothy or exuberant.
Essentially INJ has been going stairs up and eventually will take the elevator up too. I do believe eventually the trend will accelerate rather than slow down. Both BTC and USDT charts look extremely promising and from here the price could easily double or triple. Yes in the meantime we might get a fairly strong dip, but after that I believe the pump will be epic.
s3.tradingview.com
INJBTC Ascending Triangle Breakout TradeWoke up and saw this this morning. Coin bureau dude got me onto this coin, check out his youtube! No shill just a legit quality channel.
Played with INJ a little last night, cool NFT marketplace.. anyway, yeh im seeing an ascending triangle. I think you can argue its not an ASC TRI, the lower trend line bars may invalidate it. Mainly trading this because its clearly hitting upper resistance, market is very bullish right now, i can see it being like this for another 3 to 6 hours. If BTC decides to pop 60k things will be bullish for a few days more.
Not much to lose here imo, if INJBTC breaks this resistance it should be measured move up.
SELL: 0.00029600
STOP LIMIT: 0.00024100
20% Potential
INJ/BTC Finishing a 3-Dive Pattern - Going on Up!Hello Traders,
Looks like we are getting ready to finish a three dive pattern on the chart.
I believe we will come back and test the 0% on the Fib chart and bounce off, to continue our uptrend. Also, touched the 25% range on the MFI.
I have my buy orders set around 2300 - 2290 SATs.
First, take profit after purchase will be around 32% gains.
Good luck!