INJ/USDT READY FOR A BIGGEST PUMP!! TARGET WILL BE $200Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this INJ/USDT Trade setup.
INJECTIVE PROTOCOL (INJ) looks super bullish here. Breaks out from the bull flag in the daily time frame. Buy some here and accumulate more in the dip. Expecting a great 400-500% pump in the upcoming bull run.
Entry range:- $35-$38
Target1:- $76
Target2:- $112
Target3:- $160
Target4:- $216
Invalidation:- Daily close below $32
What do you think about this? Let me know in the comment section.
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Thank You!
Injectiveprotocol
Support-turned-Resistance Structure with Bullish MACD DivergenceSupport-turned-Resistance Structure with Bullish MACD Divergence and Volume Profile Analysis
Summary:
This trade proposal focuses on identifying a support-turned-resistance structure around the 33.75 level in Injusdt. Previous resistance turned support, combined with a bullish MACD divergence, suggests a potential buying opportunity. Utilizing Volume Profile analysis, we aim to determine profit-taking levels near the upper boundary of the 70% volume area.
Technical Analysis:
Support-turned-Resistance Structure: The 33.75 level has previously acted as both resistance and support, demonstrating its significance in the price action of Injusdt. After being breached twice, it now serves as support, indicating a potential shift in market sentiment.
Bullish MACD Divergence: A bullish divergence has been observed in the MACD indicator, where the price forms lower lows while the MACD forms higher lows. This discrepancy suggests weakening bearish momentum and a potential reversal to the upside.
Interpretation:
The confluence of the support-turned-resistance structure at 33.75 and the bullish MACD divergence provides a compelling case for a bullish trade. By utilizing Volume Profile analysis, we aim to identify profit-taking levels near the upper boundary of the 70% volume area, where significant selling pressure may emerge.
Trade Plan:
Entry: Consider entering a long position once the price rebounds from the 33.75 support level, confirming its role as support. Alternatively, wait for a bullish candlestick pattern or a break above a key resistance level to confirm upward momentum.
Stop-Loss: Place a stop-loss order below the 33.75 support level to protect against potential downside risks. Adjust the stop-loss level based on the volatility of the asset and your risk tolerance.
Take-Profit Target: Utilize Volume Profile analysis to identify the upper boundary of the 70% volume area as a potential profit-taking level. This level may act as a significant resistance zone where selling pressure could increase, leading to a potential reversal or consolidation.
Risk Management:
Manage risk by sizing positions appropriately and adhering to proper risk-reward ratios. Monitor the trade closely and consider adjusting the stop-loss and take-profit levels as the trade progresses.
Disclaimer:
Trading carries inherent risks, and there is no guarantee of profits. Conduct thorough analysis and consider all factors before making trading decisions. Utilize stop-loss orders and risk management strategies to mitigate potential losses.
INJ - Is the Bull Rally Over?📉Hi Traders, Investors and Speculators of Charts📈
With this chart, we aim to identify the current phase of INJ by using the Wyckoff Method . The Wyckoff Method can be extremely technical and complicated, with many phases, sub-phases, sub sub phases etc. The four main phases of the market cycle are accumulation, markup, distribution, and markdown. On this specific chart, we're taking a look at what comes next after the big bullrun is completed.
Furthermore, a brief look at the phases:
Start of the Bullish Cycle:
The price start increasing rapidly, often making parabolic increases. Pullbacks are short-lived, and the rally continues afterwards.
PEAK:
This is the clear ATH that is established by the bullish cycle. This is where the buyers run out and the tables turn to where sellers start to dominate for the upcoming bearish phase.
Failed Rally:
The buyers try one more time to push past the previous high, but fail. Instead, a lower high is made and is usually marked by a bearish pattern or double top candlestick.
Accumulation Phase:
This is usually considered the boring zone. This is where price trades range for a long period of time, whilst whales bulk up for the bullish cycle to come next.
All of the above in mind, I believe we are currently trading towards the failed rally phase. This means that we may still test support zone / resistance zone multiple times, until either the bears or the bulls take charge.
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BINANCE:INJUSDT
INJ(INJECTIVE) is about to moon(100X)??So after i have been watching INJ, I realized that just like all the other Tokens, coins etc, is it as well in correction, basically market has been moving sideways, choppy, while correcting.
So since 43 to 45 dollars, INJ was hitting resistance, while on the lows around 29 and 30 dollars it was hitting or on support, basically price is struggling to break above or below this range.
Based on the cycle count:
you can see we have a WXYXZ correction cycle pattern, which just completed around 30 dollar price,
And on the current price is where I am looking for long orders.
Scroll-back to see the whole analysis.
INJUSDT Next target $80??INJ/USDT is showing signs of a breakout from resistance, aiming for the $80 mark with expectations of doubling returns within this range. For those considering an investment strategy, buying and holding INJ/USDT appears promising amid the resistance breakout. Traders eyeing this opportunity should closely monitor the upward momentum and potential for substantial gains in the near term.
ROSEUSDT (1W Chart) Technical analysis
ROSEUSDT (1W Chart) Currently trading at $41.5
Buy level: Above $41
Stop loss: Below $32.5
TP1: $45
TP2: $55
TP3: $65
TP4: $80
Max Leverage 2x
Always keep Stop loss
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Trade signal | Injective Protocol (INJ) setup for upto 23% pumpHi dear members, hope you are well and welcome to the new trade setup of Injective Protocol (INJ) with US Dollar pair.
Previously after the completion of bullish Gartley INJ produce, almost 570% massive rally as below:
Now on a daily time frame, INJ has formed a bullish Gartley move for the next pump.
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.
Sell in pattern (INJ)📊Analysis by AhmadArz:
set limit in resistance of pattern.
🔍Entry:42.48
🛑Stop Loss: 43.43
🎯Take Profit: 41.53
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
INJUSDT Injective Key levels, Probability and outlook for EntryINJ/USDT Technical Analysis Report
Date: January 11, 2024
Overview:
Injective Protocol (INJ) has shown a significant bullish movement against USDT as observed on the weekly timeframe on Binance. The recent price action has brought INJ to a pivotal point that may indicate future price directions.
Z-Score Probability Analysis:
The Z-Score Probability Indicator suggests that INJ has entered a highly bullish zone, with the score reaching a peak of 34.829136, which is a rare event and indicates a strong deviation from the mean price. This could be interpreted as an overbought condition, and traders should be cautious of a potential pullback. The green area expansion on the chart also supports the bullish sentiment, but traders might want to wait for the indicator to cool down before entering new positions.
Channel and Support/Resistance Analysis:
INJ's price has skyrocketed through the parallel channel, breaking past the upper boundaries, which can be a sign of strong buying pressure. The price is currently hovering around 40.651 USDT with a clear spike in volume, suggesting significant interest at these levels. The dashed lines represent key support levels, with 14.990 USDT being a crucial one to watch, as it previously acted as resistance and could now serve as strong support.
Volume Analysis:
A spike in trading volume accompanies the recent price surge, which validates the strength of the current trend. High volume is a good indicator of sustainable moves, so the current uptrend might have the momentum to continue, provided the volume remains high.
Potential Strategy:
Considering the overbought conditions suggested by the Z-Score Probability Indicator, traders might anticipate a retracement. A strategy could involve waiting for the price to test the broken resistance-turned-support levels before considering entry points for long positions. Aggressive traders might look for short-term retracement trades, while conservative traders might wait for confirmation of support holding.
Risk Consideration:
Given the extreme reading on the Z-Score Probability Indicator, there is a risk of a sharp correction. Traders should use stop-loss orders and consider the high volatility in their risk management strategies.
Conclusion:
INJ has shown strong bullish momentum, but the extreme Z-Score reading suggests caution. Traders should look for potential entries on retracements to key support levels, keeping an eye on volume and price action for confirmation. As always, maintain a solid risk management strategy to protect against unexpected market moves.
This report is for informational purposes only and is not investment advice. Always do your own research and consider your risk tolerance before trading.
INJUSDT Injective next target 56USD? or fakeoutInjective (INJUSDT) is currently in a phase where achieving a new target around $56 is conceivable. Analysts are observing a breakthrough of resistance, which could be a key signal for further growth. However, caution is advised, and the possibility of a fakeout should be considered, especially if this breakthrough is not confirmed on higher time frames.
On the 2-hour timeframe, the Money Flow Index (MFI) is very low, indicating potential overflowing liquidity and weaker investor interest. This may suggest that the current price could be susceptible to manipulation, and investors should exercise caution.
Nevertheless, a strong daily trend provides positive support. This trend can be considered robust and could potentially overcome any short-term deviations on lower time frames.
Investors should closely monitor market developments and be aware of potential risks associated with the current situation. Thorough analysis and strategic decision-making are crucial when trading cryptocurrencies, especially in times when the market may behave unpredictably
Entry in breakeven(INJ)📊Analysis by AhmadArz:
wait for back to breakeven
🔍Entry: 4.396
🛑Stop Loss: 40.236
🎯Take Profit: 42.626
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
$INJ - COSMOS Ecosystem Analysis Series I will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins.
Here is the second project in my long term buy list: INJ - Injective. I will be adding more INJ on the dips to my buy zones shown on the chart,
Injective Protocol, as part of the Cosmos ecosystem, is a groundbreaking project that brings several inspiring and innovative aspects to the world of decentralized finance (DeFi) and blockchain technology.
Here are some key facts about the Injective project that highlight its uniqueness and potential:
Fully Decentralized Exchange Protocol : Injective Protocol is pioneering as a fully decentralized exchange (DEX), allowing for completely permissionless and decentralized trading across a variety of financial products.
Interoperability: Built on the Cosmos network, Injective Protocol leverages the interoperability features of Cosmos, enabling it to interact seamlessly with multiple blockchain networks. This broadens its reach and utility across different blockchain ecosystems.
Zero Gas Fees : One of the most compelling features of Injective Protocol is its zero gas fee structure. This makes trading on the platform more accessible and cost-effective, removing one of the significant barriers in the DeFi space.
High-Speed and Scalable: Leveraging the speed and scalability of the Cosmos ecosystem, Injective Protocol offers a high-performance trading experience with fast transaction times, enhancing user experience significantly.
Support for a Wide Range of Financial Products: Unlike many other DEXs, Injective Protocol supports a wide variety of financial products, including futures, perpetual swaps, and spot trading, giving users a diverse range of trading options.
Community Governance: True to the ethos of decentralization, Injective Protocol employs a community-driven governance model. Token holders can propose and vote on changes to the protocol, fostering a democratic and user-centric development approach.
Robust Security Measures: Security is paramount in DeFi, and Injective Protocol has implemented robust security measures to protect users and their assets, ensuring a safe trading environment.
Global and Inclusive: The platform's decentralized nature makes it globally accessible, breaking down geographical barriers and offering equal opportunities to people worldwide to participate in the DeFi ecosystem.
Continuous Development and Collaboration: Injective Protocol is known for its commitment to continuous improvement and collaboration with other projects and platforms within the Cosmos ecosystem and beyond, fostering a spirit of innovation and growth in the blockchain space.
These aspects make Injective Protocol not just a platform but a beacon in the DeFi space, demonstrating the power of decentralization, interoperability, and user-centric design in creating a more inclusive and efficient financial system.
Injective Protocol (INJ) setup for upto 17.50%Hi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ) with US Dollar pair.
Previously after the completion of bullish Gartley INJ produce, almost 570% massive rally as below:
Now on a 4-hr time frame, INJ has formed another bullish Gartley for the next price reversal.
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.
⚠️Injective(INJ) Needs to Rest⚠️📈Today, I want to analyze the Injective(INJ) project for you, which has increased in price by more than ➕100% in the last 30 days and touches a new All-Time High(ATH) .
🧐The question now is whether this increase will continue or whether Injective(INJ) needs a resting price/time .
💡 What Is Injective Protocol (INJ)❗️❓
🔸 Injective is a blockchain built for finance. It is an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols and more.
🔸Injective uniquely provides powerful core financial infrastructure primitives that applications can leverage, including a fully decentralized MEV-resistant on-chain orderbook. In addition, all forms of financial markets, such as spot, perpetual, futures, and options are fully on-chain. The decentralized cross-chain bridging infrastructure is compatible with Ethereum, IBC-enabled blockchains, and non-AVM chains such as Solana.
💡Let's look at the Reasons for the increase in Injective(INJ) .
👉 The trading volume for the coin has risen 81.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.55%. This brings the circulating supply to 84.26 million, which makes up an estimated 84.26% of its max supply of 100.00 million.
👉 The Volan Upgrade , allowing decentralized apps to be built using inEVM and inSVM on Injective. This paves the way for an influx of new dApps.
👉No tokens have launched on Injective yet. The first token launches will generate hype, especially with only ~ 2,000 active Injective users .
👉 Many DeFi projects are still in testnet. Their mainnet launches will likely bring swathes of new users seeking arbitrage, yield farming, and airdrops.
👉 Confirmed upcoming airdrops are also boosting user growth in anticipation of free token rewards.
👉 The integration with Kujira brings the KUJI token to the Injective ecosystem. As Wacy notes, KUJI has seen significant price rises recently, so this pairing can enhance both chains.
📉So it seems that the Injective(INJ) project is in good condition according to the above explanations in terms of fundamentals and news ; now, let's take a look at the technical analysis of the INJ chart in the 1-hour time frame .
🏃♂️ Injective(INJ) , the main bullish movement, continues through the Ascending Channel ( 🔵Blue🔵 ) in the daily time frame .
🏃♂️Currently, Injective(INJ) has managed to break the 🔴 Resistance zone($25.30-$19.80)🔴 /(Currently, this zone has become a 🟢Support zone🟢 ) and is moving in the Ascending Channel( ⚫️Black⚫️ ) in the 1-hour time frame .
🌊According to the theory of Elliot waves , it seems that the Injective(INJ) inside the ascending channel is completing its five impulsive waves so that wave 3 is extended .
📈It is better to take a look at the INJBTC chart before making a decision.
💡In recent week, INJBTC has formed an excellent bullish engulfing candle so far, and in the weekly time frame , the Inverse Head and Shoulders pattern is clearly visible. Also, INJBTC is moving in an ascending channel , which is currently near the upper line of this channel, and I expect INJBTC to take time to rest and reach the lower line of the horizontally ascending channel. Then, it will follow one of the two scenarios below .👇
🔔As a result, according to my explanation, I expect wave 5 to finish near the Important Resistance line , 🟡 Price Reversal Zone(PRZ) 🟡, and the upper line of the ascending channel, and then the Injective(INJ) will fall(➖30%) to the 🟢 Support zone($25.30-$19.80)🟢 after breaking the lower line of the ascending channel, so if you are looking to buy the INJ token It looks like you have to wait .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Injective Analyze (INJUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$INJ Updated Target levels / Resistance and supportsAfter the great success of CRYPTOCAP:INJ since our last call I wanted to update some price targets.
It has had an absolute rip since my first call yielding about 100% gain in about a month.
I can see its success continue, but we need to break over the yellow updated resistance level outlined in this chart. (33.77)
Another Critical component of this trade to pay attention to is the recent fud posted to twitter yesterday.
This is the tweet I am referring to/ x.com
It claims that collusion among market makers is the only thing keeping the price up.
Another particularly alarming fact is the TVL compared to FDV
11m to 3 billion - which is absolutely horrendous.
I personally will take profit on a good portion of my position and let the rest ride at critical points outlined.
No point being greedy in this market. Plenty of opportunities await.
Injective (INJ) Integral 350% Increase from October to December
In 2023, INJ has seen an impressive 2000% growth, with a significant 350% increase from October to December. It recently reached a new all-time high of $33.4, and the buying momentum doesn't seem to be waning.
Maintaining the upward trajectory of Injective is key at the moment. Despite never having breached the $32.1-$33.4 resistance zone before, buyers might aim for new levels at $35 and $38, assuming BTC stabilizes above $42,000.
Any correction in INJ is likely to correlate with BTC's potential downturn. If BTC starts a downward trend, Injective could revisit its support zones at $28.5-$29.8, $26.6, and $23.6-$25.