Get started
Injective ProtocolInjective ProtocolInjective Protocol
#56#56#56

Injective Protocol

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

INJUSD trade ideas

✴️ Injective | Stronger Than Most AltcoinsI know it is pretty obvious but Injective (INJUSD) is doing much better than most of the Altcoins. First, many pairs completed their initial bullish wave right back in January, some continued to move through February but that is about it for the majority of Altcoins. Looking at INJUSD, we can see that it grew all the way through April. Another variation in the pattern is the correction. After hitting a low in May is has been consolidating up. The chart looks pretty good and overall supports additional growth, with a long-term strength bias. The 12-May low can be a good support level if one is looking to trade. The rest is up. Namaste.
CRYPTO:INJUSDLong
by MasterAnanda
INJUSD Channel Up continuation, buy opportunity.INJUSD maintains the Channel Up pattern that started on the January 1st bottom. The MA100 (1d) has been its clear Support since January 21st. Trading Plan: 1. Buy on the current market price. 2. Sell if it breaks under the MA50 (1d). Targets: 1. 14.95000 (Resistance 2). 2. 5.0000 (expected contact with the MA200 1d). Tips: 1. The RSI (1d) is trading inside a Triangle. If it hits its top before the price reaches 14.9500, then close the buy regardless. Use the Triangle's tops and bottoms to your advantage for sell / buy entries. Please like, follow and comment!!
CRYPTO:INJUSDLong
by TradingBrokersView
7
INJUSD Buy break-out confirmation if it closes above the 1D MA50Injective (INJUSD) is trading within a Channel Up pattern since the start of the year. For the past 8 days it has settled at the bottom of the pattern, below the 1D MA50 (blue trend-line). If it closes a 1D candle above it, we will have the bullish break-out confirmation for a long-term buy towards the top of the Channel. The Lower Highs and Higher Lows trend-lines of the 1D RSI can offer additional insight. Our long-term target is 23.000 (+310% from the Low, similar to the April 17 High). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:INJUSDLong
by TradingShot
1
Momentum Cryptocurrency: Injective ProtocolINJUSD represents the cryptocurrency pair of the Injective Protocol token (INJ) and the US Dollar (USD). Injective Protocol is a decentralized exchange (DEX) that runs on the Ethereum network. It has been designed to facilitate peer-to-peer (P2P) trading using a high-speed, low-cost infrastructure. The platform is fully decentralized, meaning it allows traders to operate in a permissionless and censorship-resistant manner, a key advantage over traditional, centralized exchanges. Potential Appeal to Investors Investors may find INJUSD appealing due to the unique characteristics of the Injective Protocol. With its focus on decentralization, speed, and low costs, Injective Protocol is uniquely positioned in the growing field of DeFi. By leveraging the advantages of blockchain technology, Injective Protocol offers a level of accessibility and transparency that is typically lacking in traditional financial systems. Price Performance The INJUSD pair has seen substantial growth in recent times. Its 6-month growth rate is a staggering 289.96%, with an even more impressive year-to-date change of 423.74%. The 1-year stands at 325.71% illustrating a strong long-term growth trend. Despite the past month's decrease of -22.98%, the overall bullish trend could potentially signify a promising investment. It has had a pull back to below a previous support area and if it breaks back up above this it could be a positive sign. Market Capitalization and Trading Volume Injective Protocol (INJ) has a notable market capitalization of 531.317 million USD, with a fully diluted market cap of 664.1 million USD. The substantial trading volume over the past 24 hours, around 58.016 million USD, suggests robust market activity and liquidity for the INJUSD pair. Technical Indicators The Relative Strength Index (RSI) at 47.815 suggests the asset is currently neither overbought nor oversold. Meanwhile, the MACD Level of -0.218 signals that bearish sentiment may currently dominate. However, the overall picture from the moving averages is more positive. The Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) for 10, 20, 30, 50, 100, and 200 days all show that the current price is above these averages. This is typically seen as a bullish sign. Outlook In conclusion, INJUSD presents an interesting opportunity for investors due to the unique aspects of Injective Protocol. Its strong performance over time and healthy market indicators make it a potentially promising investment. However, as with all investments, potential investors should consider their risk tolerance and investment objectives before making a decision and consider seeking advice from financial professionals. In terms of any kind of short term entry it has had quite a large pullback into a reasonably good value area. I would want to wait for the MACD to cross back up above its signal line for confirmation. For risk management, again being crypto it's something your really need to eyeball. A stop loss of around 20% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed. As always how you interpret and decide to act on any results is up to you. This is just data not financial or trading advice and past performance is in no way any guarantee of future performance. Think of it as a way to spot coins you might be interested in and can add to your watch list and perform further research on and or discuss with your broker. Again. Not trading advice . Cryptocurrencies can pump and dump. Trends can end. Do your own research / discuss it with your advisor, but might be one to watch.
COINBASE:INJUSD
by zAngus
1
Using MACD to Identify Overbought and Oversold ConditionsMoving Average Convergence Divergence (MACD) is a popular technical analysis indicator that can be used to identify overbought and oversold conditions in a security's price action. By monitoring the MACD line and the signal line, traders can gain insight into the strength and momentum of a trend, and identify potential trading opportunities. When the MACD line is above the signal line, it may indicate that the security is overbought and a potential trend reversal may occur. Conversely, when the MACD line is below the signal line, it may indicate that the security is oversold and a potential uptrend may occur. Traders can use the MACD to set entry and exit points for their trades based on overbought and oversold conditions. For example, if the MACD confirms that the security is overbought, a trader may consider entering a short position, while if the MACD confirms that the security is oversold, a trader may consider entering a long position. Traders should also consider the timeframe of their trades when using the MACD to identify overbought and oversold conditions. For example, a long-term trader may use a longer period MACD to identify overbought and oversold conditions on a weekly or monthly chart, while a short-term trader may use a shorter period MACD to identify overbought and oversold conditions on an intraday chart. It's important to note that while the MACD can be a useful tool for identifying overbought and oversold conditions, it is not always accurate. Traders should always use risk management techniques such as stop-loss orders to minimize their losses. Traders can also use other technical analysis indicators in conjunction with the MACD to identify overbought and oversold conditions, such as trendlines and support and resistance levels. For example, if the MACD confirms that the security is overbought and the price chart is approaching a strong resistance level, it may indicate a potential trend reversal and a strong sell signal. In addition to identifying potential trading opportunities, traders can also use the MACD to confirm the strength of the trend by monitoring the MACD's rising or falling trendline. If the MACD is making higher highs and higher lows, it may confirm a potential uptrend, while if the MACD is making lower highs and lower lows, it may confirm a potential downtrend. Traders should also be aware of potential false signals when using the MACD to identify overbought and oversold conditions. For example, if the MACD confirms that the security is oversold, but the price chart continues to make lower lows, it may indicate a potential bearish trend continuation rather than a trend reversal. In summary, the MACD can be a useful tool for identifying overbought and oversold conditions in a security's price action. Traders can use the MACD line and signal line to set entry and exit points for their trades, and use other technical analysis indicators to confirm potential trend reversals and continuations. However, traders should always use risk management techniques to minimize their losses, as the MACD is not always accurate.
BINANCE:INJUSDEducation
by LeafAlgo
MACD Divergences: Confirming Trend Reversals and ContinuationsDivergences are a popular technical analysis tool used to confirm potential trend reversals and continuations in a security's price action. Moving Average Convergence Divergence (MACD) is a commonly used indicator to identify these divergences. Bullish divergences occur when the price chart is making lower lows, but the MACD is making higher lows. This may indicate that the security is oversold and a potential uptrend may occur. Traders may look to enter long positions when the MACD confirms the bullish divergence by crossing above its centerline. Conversely, bearish divergences occur when the price chart is making higher highs, but the MACD is making lower highs. This may indicate that the security is overbought and a potential downtrend may occur. Traders may look to enter short positions when the MACD confirms the bearish divergence by crossing below its centerline. Traders can use divergences to confirm existing trades or to set entry and exit points for new trades. For example, if a trader enters a long position based on a bullish crossover, they may use the MACD to confirm the strength of the trend by monitoring for bullish divergences. If a bullish divergence occurs, the trader may add to their position or increase their profit target. Traders should also consider the timeframe of their trades when using divergences. For example, a long-term trader may use a longer period MACD to identify divergences on a weekly or monthly chart, while a short-term trader may use a shorter period MACD to identify divergences on an intraday chart. It's important to note that while divergences can be a useful tool for confirming trend reversals and continuations, they are not always accurate. Traders should always use risk management techniques such as stop-loss orders to minimize their losses. Traders can also use other technical analysis indicators in conjunction with divergences, such as trendlines and support and resistance levels. For example, if a bullish divergence occurs near a strong support level, it may indicate a potential uptrend and a strong buy signal. In addition to identifying potential trading opportunities, traders can also use the MACD to confirm the strength of the trend by monitoring the MACD's rising or falling trendline. If the MACD is making higher highs and higher lows, it may confirm a potential uptrend, while if the MACD is making lower highs and lower lows, it may confirm a potential downtrend. In summary, divergences are a useful tool for confirming potential trend reversals and continuations in a security's price action. Traders can use bullish and bearish divergences, support and resistance levels, and other technical analysis indicators to set entry and exit points for their trades. However, traders should always use risk management techniques to minimize their losses, as divergences are not always accurate.
BINANCE:INJUSDEducation
by LeafAlgo
#INJUSD - Potential for Massive Short. 25% - 40%#INJ has been performing outstandingly well for our Crypto Tipster v2 Signal Generator recently, providing us with massive profit over and over again! We've now got a Sell signal come through with the price rejected by an upper trend line and some large gaps to fall through on the underside. Looks like a drop of 25% is likely, 40% is possible. 👀👀 What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:INJUSDShort
by theCrypster
4
INJUSD 3.05 is the target but wait for break or pullbackINJUSD the symbol of the Injective coin is rising parabolically and this is not the first time we see it on such a strong rise inside the accumulation pattern since May. Basically the Resistance levels are harmonic and we can see the pair getting rejected because of the 2.5050 harmonic Resistance. This RSI though is different that the parabola of August so this time be ready to buy the break of 2.5050 or better yet a 1day MA50/200 pullback if the parabola breaks downwards. Follow us, like the idea and leave a comment below!!
CRYPTO:INJUSD
by TheCryptagon
5