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INJUSDT trade ideas

INJ BULLS TOOK OVER THEN WHAT!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. INJ BULLS TOOK OVER! As we can see price broke above our major swing high, and finally bulls took over from a long-term perspective. Meanwhile, price is sitting around our all-time high and round number 45, where we can start looking for new bearish movement as a correction one. Moreover, if that happens, then as the price will be approaching our lower strong zone, previous major low, lining up with a rising trendline, then we will be looking for new longs as a trend-following buy setups. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Short
by Hadi_karaali
INJWe stood for the second time at 2990₽ and we can’t go higher. The patterns of the golden cross and triangles have already been fully worked out, the moving averages are tightening up, there is a local maximum zone again, what next? On the short-term chart, the asset has almost completely completed the symmetrical triangle pattern, approaching the local resistance level (previous highs), and the rollback from this level is also within normal limits. I expect a rollback to 2800~2850₽, then go through the local maximum and resistance zone 3 times (I see it at the level of 3017.5₽). By the end of the year there is a great chance to reach 3100 rubles, and the prospect of growth up to 3300 rubles
Long
by Bybitkiller
$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.
by CryptoBreakers
INJ contraction into volatilityINJ is my largest holding still although it sometimes fights with RNDR. These candle formations show high levels of conviction, buyers and sellers want to stay close to current price action. Since we are in price discovery I got rid of the fib retracements and added a fib extension. A battle for the golden fib (45ish$) ensues. I wouldnt be surprised to see another candle like the one on dec. 18th. Regardless, INJ remains very bullish and still one of my top picks for 2024.
Long
by Apollo_21mil