Injective
INJUSD Buy break-out confirmation if it closes above the 1D MA50Injective (INJUSD) is trading within a Channel Up pattern since the start of the year. For the past 8 days it has settled at the bottom of the pattern, below the 1D MA50 (blue trend-line). If it closes a 1D candle above it, we will have the bullish break-out confirmation for a long-term buy towards the top of the Channel. The Lower Highs and Higher Lows trend-lines of the 1D RSI can offer additional insight. Our long-term target is 23.000 (+310% from the Low, similar to the April 17 High).
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INJ | Injective | Strong Q2 Ahead | Token To Watch!!!INJ | Injective | Strong Q2 Ahead | Token To Watch!!!
INJ has a strong end to Q2 2023 with a couple of significant upgrades and releases still to come along with a very strong bullish technical outlook
| Bullish Signal
| Untested Weekly Pivot
| Watchout for Local Resistance
| 20 Daily EMA Breakout
| CVD Res. Break + Retest
| CVD Trendline Break
| Broken Key Resistance
Fundamentals
| Q2 2023
| Casablanca Upgrade
| Injective Exchange Module
INJ. Seed before they INJect a PUMP!INJ is registering significant accumulation at the current price point. A poke at a downtrend line break was broken after 6 days of descent.
This is a hint of a major price shift in the next coming days. 5.0 to 6.0 is a reliable order block support so expect some position buys from here.
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Fundamentally speaking, INJ is one that you don't want to miss.
Injective Value Proposition
Injective provides the most advanced, next-generation financial infrastructure for building DeFi applications on top of the Injective blockchain. Users can access these applications in a fully decentralized, fast, cross-chain, low-fee, and secure manner.
Some of Injective's key elements include:
Layer-1 smart contract blockchain: Injective provides a start of the art interchain L1 that is able to achieve ultra fast speeds while charging zero gas fees.
Unlimited DeFi applications: Injective allows anyone to build DeFi applications with Injective’s robust infrastructure and financial primitives such as an on-chain orderbook.
Cross-chain trading and yield generation: Injective is capable of supporting a diverse array of trading and yield generation activities across distinct layer-1 blockchain networks such as Cosmos and Ethereum.
Community driven network governance: Injective is governed by its decentralized community in which all new innovations are voted on by a Decentralized Autonomous Organization (DAO) structure.
Pioneering interoperability: Injective is the most interoperable blockchain with native connections to Etheruem, Cosmos, Solana and much more.
Fully Customizable: Ship your products with the ability to swiftly modify any parameter to fit your use case.
Intuitive developer experience: Flexible and expressive development environments powered by Rust and Golang.
Environmentally Friendly: A 99% lower carbon footprint through Injective’s Tendermint PoS consensus mechanism
TAYOR.
safeguard capital always.
INJ bounces of 61.8 fib level -- reversal to the upside expectedINJ just touched the 61.8 fib level and an imminent bounce to the upside is in order.
Accumulation and net buying has transpired at these levels -- and 4H higher low formation was created.
Expect a reversal to the upside -- with possible retest of previous peak at 10, with a high chance of breakout.
Spotted at 6.8
TAYOR.
✴️ Injective | Spoiler Alert, This Chart Reveals Everything!This is a very interesting chart, confirms everything I've been sharing about the Altcoins market and reveals what is coming next for those Altcoins that are yet to break up.
Read below and notice the exact everything I already repeated a million times through hundreds of charts... Literally 1,000 charts/trade ideas published since late November 2022.
1) INJUSDT hit bottom June 2022.
2) December 2022 we have a higher low (variation can be double bottom or lower low, doesn't make any difference).
3) In January 2023 the bullish breakout starts.
4) Peak mid-February leads to correction. Correction ends mid-March.
5) The resumption of the initial bullish move leading to a higher high.
Now, step #5 is what we are waiting for on literally hundreds and hundreds of pairs.
This is the exact same chart all across Cryptocurrency including Bitcoin.
This is the same chart as FETUSDT and STXUSDT that went ahead, there are many others but these are just two examples.
The Altcoins that you are holding... The charts I've been sharing, big and small, will go through the same... What one does, the rest follows!
Namaste.
$INJ/USDT 1D (#Bybit) Rising wedge on resistanceInjective Protocol is entering overbought territory and could retrace down to 100EMA support, after a last push up into supply zone.
⚡️⚡️ #INJ/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 4.9%
Current Price:
7.0720
Entry Zone:
7.1290 - 8.0450
Take-Profit Targets:
1) 5.8905
2) 4.6130
3) 3.3355
Stop Targets:
1) 9.0065
Published By: @Zblaba
CRYPTOCAP:INJ #INJUSDT #Injective #DeFi #Web3 injective.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +49.2% | +86.2% | +123.3%
Possible Loss= -41.2%
Estimated Gaintime= 1-2 months
Does INJprice still have the strength to rise or fall right now?In our opinion, the price of INJUSDT is at the stage of final acceleration in parabolic growth.
The completion of the 5th wave may be already around 7$, it may be around $7.50, or around $8.40. This should be closely monitored by those who hold a long position on INJUSD, as the correction may begin abruptly from the above levels.
Where can the correction take place, or where are we ready to buy INJ ?
In the area of 4$ in the event of a weak correction in the crypto market and 3$ and below in the event of a strong drop.
In principle, all levels are equal on the chart) Use it for health and with profits)
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INJ/USDT Price Prediction Chart AnalysisHello,
#INJ/USDT Technical Analysis Update:-
I have conducted a technical analysis on the INJ/USDT pair, which is currently trading at $3.416. According to my analysis, the projected growth for INJ in 2023 is 270%. However, the price is currently 25% lower than its recent high of $4.582.
Based on the chart, the price has broken down the neck line support and has converted to a bearish zone. Therefore, I am expecting a minimum 30% downward movement from the current price level, with a maximum of 44% to 50% also possible.
It is possible to anticipate another leg down from the $3.65 resistance/retest level. However, if the price goes above $3.80, it would invalidate the bearish chart.
Please take note of the following levels:
Support: $2.48/$2.00
Resistance: $3.80
If you found my analysis and content useful, kindly like and share it. Don't forget to follow me for the latest crypto live updates.
Thank you.
Injective Protocol (INJ) formed Gartley for upto 22.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ)
In previous trade setup, the priceline of INJ was moved slightly moved down than buying zone, however, recovered soon and pumped more than 19%.
Now this time on a daily time frame, INJ has formed a bullish Gartley pattern for another bullish reversal move soon.
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
INJUSD 3.05 is the target but wait for break or pullbackINJUSD the symbol of the Injective coin is rising parabolically and this is not the first time we see it on such a strong rise inside the accumulation pattern since May. Basically the Resistance levels are harmonic and we can see the pair getting rejected because of the 2.5050 harmonic Resistance. This RSI though is different that the parabola of August so this time be ready to buy the break of 2.5050 or better yet a 1day MA50/200 pullback if the parabola breaks downwards.
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