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Inj

Injective Protocol (INJ) After Strong Bullish ActionLet me start by saying that we don't ever, ever trade this type of chart... We only look at charts for trading that are very low risk and BEFORE the bullish action starts. Here we have INJBTC (Injective Protocol) after really strong bullish action. Right now resistance is being faced at the 1.618 Fib. Extension level marked with a red dashed-line. Above this level, we can see additional up (green arrow). Below this level, we can see a retrace before prices continue to grow. This project looks really good. Additional details on the chart (support and resistance levels mapped with Fibs.). Remember to hit LIKE! Namaste.
by AlanSantana
Injective Protocol - Hot ICO AlertINJ - Injective Protocol - is one of what I think as the top ICO this year. Graph Protocol (another favorite) will utilize the Injective Protocol, as will Polkadot and many other networks. I purchased this one at $.70, and I am not sure why I waited this long to post it, but probably because I wanted to show a valid uptrend. After hitting $1.30 today, INJ shows it has what we are looking for. A new concept that blockchains will not be able to live without, and a top performing ICO. You can purchase INJ through Uniswap, if you use Meta Mask. Be VERY Careful to use the RIGHT Contract Address.. There are many scams out there. You can get it off their website I believe. Currently on the 4HR, we have a breakout from the Keltner Channel, so we should see some consolidation, time your buy-in, because this should continue the pace. Notice it is following the DEFI trend up an upwards breakout right now, but at a faster pace. This has a lot more adoption than most other coins from the start. Here is what is making them so hyped, they work with a variety of ecosystems including Chainlink, where they are using Chainlink Pricing to settle Dcentralized Derivatives. medium.com Take a look at their partnerships, they are partnered up with some of the biggest names. Helping Polkadot integrate its cross-chain capabilities, helping Chainlink, Elrond, KAVA, Fronteir, DIA, Orion and more. So, it looks good, its hyped enough, the momentum is there.. Will it be continuously adopted? We will see, right now its being used as collateral instead of stablecoins backing derivatives, and eventually it will be used as a staking / liquidity pool token. docs.injectiveprotocol.com medium.com
Long
by Shwayze
4
✳️Injective Protocol (13/11) View + Trading Plan #INJ $INJOn October 23, INJ was strongly rejected at the 1.2$ zone and there is certainly strong selling that could push INJ back to the support just formed at 0.9$ or deeper If the 1.2$ zone is broken, INJ will easily move up to the 1.7$ zone 📈BUY- LONG -Buy close to 0.9-0.95$, stoploss if B 📉SELL-SHORT -Sell: 1.15-1.2$, stoploss if A -Sell: 1.7-1.75$, stoploss if A ♻️BACK-UP -Sell close to 0.9-0.95$ if B, stoploss if A -Buy: 0.65-0.7$, stoploss if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation