INJUSDT
[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!
INJUSDTINJ coin has shown a battle of sellers and buyers and sellers are getting weaker so be ready to see a jump for this coin with a high green candle
confirmed by advanced price action
just breaking back again into previous channel can fail this idea else we are going to see some nice satisfying pump
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.