INJ about to fly for a second time ? Maybe.This is risky play here since the whole geopolitical situation around the world is unstable and governments are flagging imminent regulations of cryptocurrenciess so expect more volatility here. Bitcoin needs to behave too for this prediction to happen.
For the Ichimoku cloud there is the visible strength of the senkou span A ( green cloud ) trying to cross the senkou span B ( red cloud line ) as well as a big inflow of money due to the recent LUNA ecosystem hype.
Let's continue with the chikou span ( neon green line ) it illustrates us perfectly the inverse head & shoulder formation approaching what would be a 30% rise.
INJ also returned to the .25 level of the Fibonacci resistance fan which usually announces a trend reversal based on my previous analysis.
But the most important thing is the support (~1320 sats) it MUST not be broken if so we return to the previous support and probably form a double bottom on the mid-term. If it decides to break out of its current resistance we could see a 100% sooner than we might expect it to.
So it's either bullish short-term or mid-term.
** As always never forget to DYOR this is not financial advice and should be taken only as a data point needing many more so you can invest AND at the same time keep on sleeping well. ;D
If you have any questions ask them away I'll try to answer them as best as I can ! Stay safe out there and until next time take care of yourselves mates :)
Inj
INJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is stuck between the resistance and support zones. We can set the Buy order at the shown area for the resistance zone. The price can also come to the bottom of the support zone and then go up. Also you can open another position if the price breaks the resistance zone and stabilizes above it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$INJ two scenarios of price behaviorThe price recently moved below the lower bolinger band, the last time this happened, the price was up more than 150%. However, now the situation is not the same as it was in the summer. Bitcoin shows negative dynamics, so the growth of INJ may be interrupted. On the other hand, the huge volumes last week inspire optimism. I see two price scenarios if bitcoin continues to fall, INJ will follow. Either the coin will show strength and go against the trend (which it already does)
The nearest resistance zone is 7.79-8.25
Support zone 5.76-6.10
🆓Injective Protocol (INJ) Jan-23 #INJ $INJ
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 4$ zone
🔴Buy : 4
🔴Sell : 5 - 6 - 7 - 8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 4$ zone
🔵Sell : 4
🔵Buy : 3.5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
INJ/USDT Request Chart analysis#INJUSDT Request Chart:
#INJ is rejected from the LTF resistance level.
IMO $around $8 will be the best entry with $7.50 Stop Loss.
As per the chart Now trading around $8.95
And if BTC dumped then it can hit around $8
If breaks $13 then It can hit $25 also.
If you enter in this proce then no problem you can also try to catch if dip posible.
But strict Stop loss place think don't forget.
inj swing~inj looks ripe for a move up
some heavy bullish divergence is being printed here on various timeframes, and after that big move up from the other day, i'm expecting some kind of follow through after shaking out some longs.
when this thing pops, it goes very quickly - and if it happens again, gotta have those sell orders set ;)
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conservative target is just below the 0.50% retracement at $10
could go a lot higher, but i'm not after the whole move.
INJUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has been supported after hitting the support line and has approached the first resistance with a strong candle. We believe the price will move towards the first resistance and move to the second resistance line if the first resistance is broken.
But if it drops below our first support line and stabilizes, we will see more decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
100x HODL OPPORTUNITY! Here's why:Injective Protocol (INJ) is the FIRST fully decentralized cross-chain derivatives exchange protocol!
You could say we're a little late to enter this, yet we're also very early. In just 1 year the price has rocketed, however traders have been preaching the importance of INJ for weeks whilst waiting for an entry point. Right now is a fantastic entry point, as you can see the candles have been consolidating for SIX WEEKS+ along the support barrier, holding strong for the next pump.
The yellow S/R lines extend out to the end of Q1 2022 (March 31st), and just take a look at our potential highs here, absolutely rewarding! In terms of the 100x hodl opportunity, this comes into play later in 2022 as the number of holders increases due to the rise in price, awareness of the cross-chain derivatives (crypto + stocks etc), the smart contract promises from ETH delayed until 2023 and the rise of the NFT community.
Personally I entered INJ at $11.35, for transparency.
Drop a follow to see the other gems im investing in, and trade safely crypto fam.
Injective protocol | Market Confirmed For Higher Price Injective Protocol looking very good for a long term investment, we can see a clear market confirmation for buyers, bullish channel created and the price will move higher to build stronger confidence levels so more buyers will join.
Inverted hammer is a good bullish confirmation signal, also a bullish channel while there is a positive price action for creating 5 waves up.
The general price chart of the token also looks promising. It ranks 146 in market capitalization, which indicates the token is popular. The trading volume is also good, as it shows that the token is used often.
The future of the token is bright. The price of the token has been increasing over the months, and especially in 2021. The token is projected to maintain the upward trend even in 2022 and the coming years.
At the time of writing, the INJ price stands at $11.56.
Based on our forecasts a long-term price increase is expected to be around +375.00%.
- Our option for #INJ is BUY AND HOLD IT.
--> INJ Price Statistics
bZx Protocol Price: $11.56
Price Change 24h: $-0.4688/+04.08%
24h Low / 24h High: $11.20/$12.16
Trading Volume 24h: $31,115,658.78/-16.99%
Volume / Market Cap: 0.05954
Market Dominance: 0.02%
Market Rank: 146
Market Cap: $522,624,136.39/+3.25%
Fully Diluted Market Cap: $1,197,153,847.63/+3.25%
Yesterday's Change: +1.5%
Yesterday's Volume: $33,294,433.31
Circulating Supply: 43,655,553 INJ
Total Supply: 100,000,000 INJ
90d Low/90d High: $7.88/$16.58
Injective Protocol ROI: 2892.88%
It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose.
Trading & Investing both are the master of RISK.
Please comment, like and follow if it was helpful for you.
Thank you for your time.
Have a profitable day.
| Review and analysis by Samadi.Finance |
INJUSDTINJ/USDT
I don’t think I need to explain too much we have seen how these patterns play already. Hold $10 those TP will hit.
My Target on INJ is at three important take profit points, and These are resistance points that could show some signs of a pause, pullbacks before the trend continues. If ur patient then u can keep ur stoplos up to date and #hodl
My first take profit point is $15.72, the Second take profit point I see is at $18, and My Last take profit is at $33-38
INJ/USDT currently trading at $13.24
The ideal buy zone would be under $12 but see where the potential target is I would load
Invalidation point = below $10.50 daily base
Injective (INJ) - breaking from pennet INJ is following many other recent tokens breaking from long term Pennet. wanting to hold above key level 12 range marked for more bullish action to expected in the coming hours/days. Invalidated with daily trade and close below 10.5-11 range
Good relative volume on this token (>5), market showing interest
Profit targets marked
★ INJ/USDTINJ has dropped quite a bit from its last breakout to the upside. It is still far away from most of its MAs, and the last MMR band acts as dynamic resistance for this pair. I am expecting a drop down to the 90 EMA before it bounces back up, retesting $12.85, $13.5, and $14.3 resistances on its way back up as BTC becomes more bullish, pushing the altcoin market along the way.
INJ / USDT 1- DINJ might be on the verge of a break out
Mainnet Phase 3 : Canonical Chain upgrade for INJ on COSMOS IBC is going live in next 3 days
i feel this should pump its price up a bit
Still wait for confirmation of 12.5$ resistance to break through and put alerts at that level
Targets : 15$, 16$ and 17.8$
INJ - Future Projection SeriesIf you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same.
During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me.
At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that.
Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle.
NOTE for INJ: The INJ chart does not got back to Mar/20 and so the bottom of the parallel channel is estimated along lows. This also negates a Second Projection.
The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series.
The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7.
Conclusion; At the time I drew this one the price was $10.57
First Projection $208.17
208.17 / 10.57 = 19.7 X
Second Projection - unable due insufficient history
Now for a regular old fellow such as myself, a 19X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near 10.57 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close.
I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts.
My thoughts, not advice Oklah. Cheers