INJ - Full Bear Mode?I've been bullish on INJ until the M-Pattern formed - which has since taken us into a bearish correction. There is ONE zone that remains our final hope for a new ATH, but if we cannot hold this support then INJ is full on bearish for the immediate future.
Let's take a look at key zones for buying orders as well as the INJBTC chart for insights.
Here's an alt that is instead moving into accumulation as discussed in the video:
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BINANCE:INJUSDT BINANCE:INJBTC BINANCE:OPUSDT
Injectiveprotocol
Injective- Good buy for 50% riseBack in winter, when everyone was super bullish and the hype around some coins, particularly INJ, was incredible, I predicted that the coin could drop to 20.
Indeed, since then, INJ/USDT has dipped into that zone several times and even fell below 20 recently.
Although I don't see INJ reaching 100 or achieving the lofty multipliers that some people dream of when trading crypto, I believe this is a good opportunity for a buy trade with a potential 50% gain.
Technically, the 20 zone is now a very strong support level and also coincides with an old congestion zone, which should provide additional support.
In conclusion, I'm looking to buy around 20, and by setting a stop loss just below the recent spike down, a risk-to-reward ratio of more than 1:2 could be achieved with this trade.
Injective / INJ analysis The price of Injective is $2.28 today with a 24hour trading volume of 140 million dollar. This represents a 20% price increase in the last 24 hours and a 70% price increase in the past 30 days.
Injective is a blockchain built for finance. It is an open, interoperable layer1 blockchain powering next-gen DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols.
they had pretty busy week, first a mainnet upgrade then Astroport beta launched on Injective,they processed over 150M transactions and burned 5,639,832.45 total INJ too.
Inj bulls couldn't break 2.5 resistance but the daily candle still is green means bulls still got chance, for short term 2.5, 2.9 and 3.5$ are targets.
1.5$ is a dip level for Inj and good opportunity for investors
$INJ injective trade analysis BINANCE:INJUSDT <> monthly chart 📉📈 analysis ⏰ DYOR
( Support ✨ and share my article with your frnds ❤️🔥 , follow article for intresting updates )
$18 - $15 > high level resistance time of 2021 , now act's like " SUPPORT "
📌 Month below close is invalid
I am expecting potential accumulation range , here
🎯 $150 ....... ‼️ Target
..... i know, this coin is potential to do much more target's .
But ,
Let the coin to complete it's main thing's, later we can discuss
Injective Protocol Flashes Buy Signal On The Daily Chart — 16% 👉 Here's What Has Happened
printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which likely leads to a further price increase.
ℹ️ Signal Details
The signal flashed on the daily chart and had extraordinary backtest results. Based on 30 historical signals, INJ gained more than 10% after signals has flashed in 80%. Moreover, the MACD is usually a good indicator on the daily chart — when specific aspects apply 👇
💹 Other Technical Indicators
Most momentum indicators are in the neutral zone and, therefore, support the signal. Many trend indicators have turned bullish or are about to turn bullish. The weak ADX should be monitored closely since we want to have the signal backed by a strong trend.
📉 What about the chart
INJ's 1D chart perfectly supports the signal. INJ has found strong support at $20 and bounced nicely. The profit potential of the signal aligns with the next resistance at 27-28.
INJ Gears Up For $24.50 Injective Protocol bounced amazingly at its local bottom yesterday. Since hitting $20, INJ is on fire and delivers a strong performance.
But it is getting better: INJ printed a #bullish EMA crossover on the 4H chart. This signal further underpins the uptrend and should fuel INJ's run toward the next resistance at the 24.5 - 25 level.
Although the backtests do not perfectly support gains of 7-9%, the chart definitely supports them.
Currently, INJ is trading in a mini bull flag, and I expect a breakout and test of the 24.5 level within 24 hours.
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Retest on past resistence can give you 75% on $INJThis is the 4th time the price rebounds on the 200 EMA (green) on 3 days time frame as indicated by the blue arrows
If you are more conservative, wait for a support over the pink traced line, that is the all-time-high around the 25.00 usd
The target will be the last reset of VWAP (Volume Weighted Average Price), quarter weighted, around 38.60 usd (orange traced line)
Injective Protocol — Bearish Ichimoku Signal — 10% PotentialIf you follow my content, you will already know I am a big fan of the Ichimoku signal. It usually provides high-quality trade setups based on its multi-timeframe assessment.
In terms of INJ the signal flashed a bearish entry, calculating a potential of almost 10%. Backtests are positive; however, since they are relatively rare signals, they only rely on two occurrences. Therefore, the backtests shouldn't be overrated.
Trend indicators show a strong bearish trend. On the other side, it is important to pay close attention to the momentum indicators since they already signal an oversold status.
Additionally, since the latest candle could be interpreted as bullish, it might be worth waiting for the current candle to close.
Injective | INJ & AvalonThe price of Injective 8 dollar today with a 24hour trading volume of 69 million dollar. This represents a 13% price increase in the last 24 hours and a 29% price increase in the past 7 days. With a circulating supply of 80 Million INJ, Injective is valued at a market cap of 640 million dollar.
Injective is a blockchain built for finance. It is an open, interoperable layer1 blockchain powering next gen DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols..
Injective is upgrading its Avalon mainnet with overwhelming community support. The upgrade aims to enhance L1 scalability, achieve sub-second block generation time, and implement PoS delegation transformation.the upgrade will optimize transaction processing speed, network efficiency, and security within the Injective ecosystem
Inj price is up 400% since we posted the first analysis on January and it tries to recover as fast as possible. most indicators sending a buy signal and the volume looks strong too
INJ (back to life again ?)INJ / USDT
INJ is trying enter the previous accumulation zone again
Daily candle is showing big green engulfing candle but not closed yet !
Every thing is clear in this chart and i show you important levels
Holding above = continue growing
Losing levels = invalidation
Best of wishes
Injective INJ price in consolidation, where will it go?#INJUSDT price was one of the first to show strong growth at the end of 2023, as they say, even before it became mainstream)
Maybe it will be the same now?)
But for now, the #INJ price has approached a strong mirror level. And it seems to us that it would be good for it to adjust once again to $24.50.
🔼And from there, we can take the acceleration to break through and consolidate above $30, and then up to $50 is just a stone's throw away)
🔽But below $23, you need to be careful with #Injective, because a new wave of decline may begin with the final target of $12
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INJECTIVE #INJ 2024 Price Target = $85Smash a like if you agree!
Why do you ask?
Because people like smart contract blockchains, people like new projects, a good ticker, good liquidity, the right price to make multiples
all add up to winning tickers in the #crypto space
So I believe INJ will not only meet this $85 target
buy likely surpass it during 2025 top
INJUSDT Good Potential!INJUSDT Technical analysis update
The price of INJ is trading inside a triangle pattern and is moving towards the triangle's resistance line. Once the price breaks through, we can expect a significant bullish move. The price is trading at its major support on the higher time frame.
You can buy it once the price breaks its triangle pattern.
Regards
Hexa
INJ/USDT 175% Potential Rally ahead!🚀 INJ/USDT Technical Analysis by Cryptorphic 🚀
- Price at Time of Analysis: $26.111
- Key Support Level: $25.451
- Resistance Levels:
- Short-term: $29.069
- Major: $30.512
- Long-term target: $69.785 - $70.007
🔹 Chart Patterns:
- A breakout from the descending wedge pattern.
- Potential bullish movement towards the long-term target indicated in the green zone.
🔸 Moving Averages:
- The price is currently below the 100-day moving average (purple line), suggesting a potential bullish trend continuation if it breaks the level in the coming days. This scenario is highly likely.
📈 Forecast:
- Expecting a price surge towards the $70 range, as depicted in the chart.
- Watch for price action around the major resistance levels for confirmation.
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
INJ +100% in spot.So, #INJ has dropped by more than 50% from its recent local high of around $53. On the chart, there is a clear trend line that the price is responding well to. Additionally, we have Fibonacci support at the 0.236 level.
I am considering entering a position from the current values both in spot and futures. For myself, I have chosen to use credit leverage with a multiplier of x2, as in previous ideas.
Target - $50
Stop Loss - $17.5
This is not financial advice; everything you do, you do at your own risk!
[INJUSDT] - this is why must get bullish!in 3D chart INJ still comsolidate a a massive ascending channel
price now retesting the lower side of the pattern which gathering with a 0.618 fib level which making it the most important support! ... that making price must rebounding from here!
- u can see the H&S pattern and clearly u can see that the pattern completed and declined to reach exact it's target
most time when pattern completed and reach it's target it reverse it's direction
so we expect volatility between 0.618 and 0.786 fib level in next days then get bullish.
appreciating for supporting us with ur "like " and follow for more ideas, updates🎯
Injective (INJ)Injective is one of the famous pioneers of layer-one blockchain for finance, in which user can build and use the Web3 applications. Anyway, Injective also was the first (or one of the first) altcoin which started the next upward/impulse wave sooner than others; and it seems INJ is making an inverted harmonic pattern. If this harmonic pattern takes place, major correction can be anticipated. Although, there is another scenario, that is, a three waves pattern of A-B-C unfold. If this happens, INJ can continue its rise to the Fib level 1; about $50 price level. Or even a mixture of these two scenarios might happen. Let's see which scenario happen.
INJ : M-Pattern, BEARISH📉Hi Traders, Investors and Speculators of Charts📈
IF we fail to keep closing daily candles ABOVE $18, the price target could go as low as $10, even if it is just a wick. Buying orders between 10-18 could very well be filled.
From a technical indicator perspective, we've received a sell signal; which is normally very reliable in the higher timeframes.
Losing the dash-diagonal trendline (white) will also be an extremely bearish sign.
Considering that this is the weekly timeframe, it may take some time for the price to move towards the lower support zones, depending of course on how hard the alt-market continues to dump.
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BINANCE:INJUSDT.P
I'll show you where to buy! INJIf you are an INJ lover, i am posting this chart just to show you where you can some INJ to your bag. $25 is a good point to add and to enter long on leverage. This is a key point that, if will got touched, will let INJ to start a bull run till $72, and i expect that price to be reached this year. Just like and share my chart if you appreciate my job!
INJ Perfect buy planI posted an ideas with a buy limit on INJ at $25 some weeks ago. Some people called me crazy because Injective was at the top and $25 was looking an impossible target. But here we go, my buy limit go trigger and now we are already in profits. We can target new ATH in the next months