INJUSD Kraken pair Double Top, bearish signs
Updated
Injective Protocol had a blast in the second half of the year 2023. It looks like BTC ETF hasn't such an impact and new money hasn't flowed into the market as expected.
INJ has a double top formed, and the daily candles trendline is being tested at the moment. If it breaks, a nice correction (which is healthy) for the price foreseen.
always happy to hear other opinions.
INJ has a double top formed, and the daily candles trendline is being tested at the moment. If it breaks, a nice correction (which is healthy) for the price foreseen.
always happy to hear other opinions.
Comment
TP1 touched. 48% of the position were closed.Trade closed: stop reached
decided to put stop loss @37.2 after 48% of the bag were sold to take profit at TP1.The market is accumulating, going to spectate its expansion.
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