INJUSDT
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.
INJ is ready for a move...Based on simple chart pattern analysis we must keep an eye on where INJ goes from here. A bullish move looks probable based on the potential formation of the Inverse H&S. The H&S is printing inside a larger ascending triangle. Watch for a breakout early this week that could either send us up into new price discovery or lower for a continued correction.
INJUSDTINJ is in a great place to show us its next move we can get each and every movement of it or if we move safe just wait for the chart to be more clear and then enter our positions
any way all the scenarios completely shown in clean parts in the chart so just follow the chart candles and decide with your strategy
INJ/BTC Finishing a 3-Dive Pattern - Going on Up!Hello Traders,
Looks like we are getting ready to finish a three dive pattern on the chart.
I believe we will come back and test the 0% on the Fib chart and bounce off, to continue our uptrend. Also, touched the 25% range on the MFI.
I have my buy orders set around 2300 - 2290 SATs.
First, take profit after purchase will be around 32% gains.
Good luck!
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"
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.
INJ/USD - Incoming Break- Watching for the next few hours. Still looking for further gains on INJ.
Chance for breakout in the next few hours.
Potential entry on Break/Retest but my thoughts are if this goes, it'll go quick.
Possible rejection and slow drift towards lower support but I don't think we will get the $5 entry we'd like.
Next few hours will be telling.
As always not financial advice,
Just my thoughts and TA.
Bingaz.
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.