Inj
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.
INJUSDTINJ is in a great place to show us its next move we can get each and every movement of it or if we move safe just wait for the chart to be more clear and then enter our positions
any way all the scenarios completely shown in clean parts in the chart so just follow the chart candles and decide with your strategy
INJ/BTC Finishing a 3-Dive Pattern - Going on Up!Hello Traders,
Looks like we are getting ready to finish a three dive pattern on the chart.
I believe we will come back and test the 0% on the Fib chart and bounce off, to continue our uptrend. Also, touched the 25% range on the MFI.
I have my buy orders set around 2300 - 2290 SATs.
First, take profit after purchase will be around 32% gains.
Good luck!
Huge Bull Flag Building on $INJ - Breakout Expected Soon! 🚀Following on from it's explosive breakout reaching $11.19, $INJ is currently building an enormous bull flag with pressure building for an inevitable breakout very soon.
First target will be $10.00, but it won't stop there for long so buy under $10 whilst you can!
✳️Injective Protocol Analysis (21/1) #INJ $INJINJ is heading to $6 zone and is likely to fall deeper to $4.5 zone over the next few days. At this moment, we could not find any positive sign for INJ
📈BUY
-Buy: 6.0-6.3$. SL if B
-Buy: 4.3-4.6$. SL if B
📉SELL
-Sell: 8.6-9.0$. SL if A
-Sell: 6.0-6.3$ if B. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Injective Protocol (INJ) - 7.1 R:RLooking across the market, oscillators have reset and pullback completed - ready for the next step up.
Target based on fib extension 1.618, stop below latest swing low.
Strong fundamentals, creating derivatives protocol for DEX.
Looking strong vs both BTC and ETH.
Is Injective Protocol a MUST-HAVE in your altcoin portfolio?Next to the $SNX, $INJ is probably the second strongest derivatives project.
Still at relatively small market cap of $136 million compared to SNX which is about 1.6 Billion $. Plenty of room to grow.
Backed by Binance and other well known investors, Layer 2 speed, unlimited markets (forex recently added) and zero gas fees.
30D vs. USD - 203%
30D vs. BTC - 98.62%
30D vs. ETH - 43.7%
Technical short term
Bull flag
0.5 Fibonacci support from the previous bull leg
1h 50MA Support
Short term targets: 12-16 while 15 being most likely.
Not a trading advice.
INJ/USD - Incoming Break- Watching for the next few hours. Still looking for further gains on INJ.
Chance for breakout in the next few hours.
Potential entry on Break/Retest but my thoughts are if this goes, it'll go quick.
Possible rejection and slow drift towards lower support but I don't think we will get the $5 entry we'd like.
Next few hours will be telling.
As always not financial advice,
Just my thoughts and TA.
Bingaz.
Injective Token ($INJ) unstoppable, huge breakout soon! 🚀🚀$INJ is just unstoppable, huge move coming soon with a initial target of $7.50 on break out.
INJBTC - Price Squeezing on Fib Line in Wedge - Breakout coming?Not financial advice. I am a noob practicing TA. Leave a comment.
INJUSDT (Channel Breakout)#INJUSDT Technical Analysis Update
Channel Breakout
INJ/USDT currently trading at $4.80
LONG ENTRY level: $4.55 to 4.80
STOP LOSS: below 4.20$
Target 1: $5.36
Target 2: $6.50
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
Injective Protocol - TargetsInjective Protocol might be accumulating to get ready for a significant increase. We have watched this coin since .67 all the way to over $4.00.
Recently we saw a rise and fall down to the 50% fib ratio (again), and I believe this 3rd wave will play similar to the previous rises. We are looking at (for starters) hitting $5.50 - $6.57, We should see some resistance in this area and I believe people will be cashing out. This should generate enough interest in the project for more wallets to be created simultaneously, which is why I think we could be hitting the $8-$10 range within a month or so.
This all depends on NEWS, this is in price discovery, and traditional analysis does not always apply (unless someone is heavily manipulating it).
What is your Watch List for Crypto? Here is Mine 20201213What is your Watch List for Crypto? Here is my 3nd List, for the previous list please check the following Link.
List: XLM, ARDR,WINK,STRAX,MKR,INIJ,HARD,CVC
Welcome to share your Watch List in the comments.
I will share more coins, welcome to follow.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
$INJ, On price discovery since volume started flowing in again..$INJ
On price discovery since volume started flowing in again..
Testing 13k where seems to find some resistance (confluence w/ Fib level..)
UCTS signalling bullishness across the board, so it may hit higher targets (~16k ?)
Only a moonbag on this trade from previous setup
#INJ
