OPPORTUNITY WITH INJECTIVE PROTOCOL!!! LONG AND SOON ATH!NOW IS A GOOD MOMENT FOR LONG IN $INJ, UNDERVALUED
Injectiveprotocol
[40%] INJ /USDT (LONG)The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed.
The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.
Analysis :
- We still in the canal
- hidden bullish divergence (RSI)
- Buy Zone : 14.5$ - 15$
Injective protocol super project to investHigh profitable Project - Injective protocol (INJ)
Buy and hold.
Injective Protocol ($INJ) - Yet Another Bull Flag! 🚀Following on from it's explosive breakout above $10, INJ is now printing yet another bull flag!
I expect INJ to hit the next target of $12.80 very soon. 🚀
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INJ Hit Both Targets 🎯Injective Protocol has just breezed past $10.00 hitting both targets. INJ could now be forming a new bullflag, if confirmed I expect the next breakout to hit $11.00. 🚀
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Injective Protocol ($INJ) Inverse Head & Shoulders IdeaINJ is plotting what appears to be an inverse head and shoulders. If this pattern plays out, INJ should be passing $10 very soon.
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Injective Protocol ($INJ) Update - One more push at $10 soon!Injective has finally broken out from it's larger wedge testing $10.00.
I'm now expecting the current wedge formation to breakout within the next 12 hours. INJ should clear $10 and then hit the first target of $10.20. If there is enough volume on breakout, INJ could possibly go on and hit around the $10.50 level.
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Injective Protocol $INJ to Breakout Soon 🔥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 within the next 12 hours, first target being $10 and then reaching a potential high of up to $12.
Huge Bull Flag Building on $INJ - Breakout Expected Soon! 🚀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!
INJ - Injective Protocol: Feb 2021 outlookTWITTER 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.
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Previous chart that I published was 8 days premature but on target.
INJ keeps rolling out positive NEWS that drives its price higher.
STRONG HOLD. I am looking at $15 INJ mid February.
✳️Injective Protocol Analysis (21/1) #INJ $INJINJ 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 BELOW this zone"
Injective Protocol (INJ) - 7.1 R:RLooking 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.
Is Injective Protocol a MUST-HAVE in your altcoin portfolio?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 $. Plenty of room to grow.
Backed by Binance and other well known investors, Layer 2 speed, unlimited markets (forex recently added) and zero gas fees.
30D vs. USD - 203%
30D vs. BTC - 98.62%
30D vs. ETH - 43.7%
Technical short term
Bull flag
0.5 Fibonacci support from the previous bull leg
1h 50MA Support
Short term targets: 12-16 while 15 being most likely.
Not a trading advice.
INJECTIVE: INJBTC headed for correction soonThis is my personal opinion about Injective protocol in the short/mid-term.
Injective has a great and active community and a great concept being built, but there are too few tokens released for this price-action to last.
There are better, similar projects that has far better potential for growth at these prices.
Although I believe INJ will definitely 5x from here compared to dollar over the long run,
I believe SWTH, a direct competitor also backed by heavy venture-capital ( Three Arrows, the biggest investor in Grayscale, the biggest crypto-fund in the world),
has a far better risk/return than INJ right now.
I also believe it to be a superior project, having released mainnet, derivatives almost done.
Anyway I'm invested in both, and of the two SWTH is my main bag for holding long term.
I think it's wise to secure profits on INJ now, and look too other projects for a while at least.
I believe we will see INJ retrace and have good buy-opportunities in the green rectangle.
But likely the major resistance in the thick yellow-line will fight back, and possibly only wicks will touch the green rectangle.
We may see it touch fib 1.618, or even two or three before this happens, and if so the correction will be even harder.
Stay safe, an happy trading!
Injective Token ($INJ) unstoppable, huge breakout soon! 🚀🚀$INJ is just unstoppable, huge move coming soon with a initial target of $7.50 on break out.
INJBTC - Price Squeezing on Fib Line in Wedge - Breakout coming?Not financial advice. I am a noob practicing TA. Leave a comment.
INJ - Injective ProtocolAs 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 any restrictions, allowing individuals to trade on any derivative market of their choosing.
Think $BNB, $FTT but in a niche DeFi context.
Looking to re-enter the parallel channel within 2weeks, $7.50 target.
Long term hold.
INJUSDT (Channel Breakout)#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...
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Injective set to breakout and create new ATH very soon!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.
