INJ Flag Pattern + Good Funda : TP1 IS $17.8 (60% GAIN)
Injective Protocol is an interesting project with solid Fundamental and now TA is very interesting as well
Forming a Flag Pattern and had a healthy Retest in $10 area Support Zone (Yellow Box)
very Good Buying opportunity due to very small risk!
TPs: $17.8 (TP1) / 26.15 (TP2)
STOPLOSS: Daily Candle Closing Below Yellow Box (Very Good Risk/Reward Ratio)
NOTE: Targets are NOT FIXED Points BUT areas So don't get Obsessed with A exact Price (like $17.8) to secure profit
INJUSDT
Injective Protocol UptrendTaking another look at Injective Protocol after weeks of accumulation, I now reasonably confident that INJ will remain in an uptrend and go on to target $20.00 and then $25.00 respectively.
A daily close below trendline will invalidate this idea.
Not financial advice and please always do your own research (DYOR) - Like and follow if you found this idea helpful - Thanks! 🤑
[90%] INJ / USDT (LONG)Analysis :
- We still in the canal
- hidden bullish divergence ( RSI )
The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed.
The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.
[60%] INJ / USDT- First target : 14.4$
- Second target : 18$
Analysis :
- Bullish divergence momentum
- Descending triangle
- Falling wedge RSI
What Is Injective Protocol (INJ) ?
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.
[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$
INJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
As you can see there is a high pressure by the buyers and the price intends to go out of its channel.
Our first scenario would be that if it can not break its trend line, the price would fall inside the bullish triangle.
The next scenario would be that if can break its triangle, it will first make a pullback to its trend line and then resume its uptrend.
The third scenario would be that it will resume its uptrend after some ranging inside the triangle.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!