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.
INJBTC
★ 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 $14.3 resistances on its way back up as BTC becomes more bullish, pushing the altcoin market along the way.
INJ/USDT 4HOUR UPDATEWelcome to this quick inj/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- INJ/USDT Broke out of the triangle and retesting. Expecting 30% to 40% soon.
Entry:- 10.64$,11.24$,
Traget:-
T1:- 12.07$
T2:- 13.35$
T3 :- 14.76$
T4:- 15.47$
Stoploss:- 9.74$,
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
INJ/USDTINJ has been very volatile for its price range recently which provides good trading opportunity on this pair. Volatility is the bread and butter of a trader, without volatility you make no money in the market. With high volatility comes high risk, however, INJ has so far maintained proper S/R areas and is moving in a predictable zone. I am expecting INJ to make some sharp moves to the upside and retest price around the bottom of each of the consolidation areas which formed before the last multiple price crashes. We may expect retests at around 10.630, 11.700 and 12.450.
Injective has the cleanest and strongest trend out there!INJUSDT and INJBTC look very solid. INJ, AXS & ALPHA all came about the same period on Binance and they were some IEOs that have done very very well. I won't go deep into the fundamentals of the project but I really like the concept and the fact that they are doing lots of things to expand across different chains and bring in many innovative projects. ALPHA was the early bloomer, INJ initially was strong but then started lagging massively. It never got frothy or exuberant.
Essentially INJ has been going stairs up and eventually will take the elevator up too. I do believe eventually the trend will accelerate rather than slow down. Both BTC and USDT charts look extremely promising and from here the price could easily double or triple. Yes in the meantime we might get a fairly strong dip, but after that I believe the pump will be epic.
s3.tradingview.com
INJBTC Ascending Triangle Breakout TradeWoke up and saw this this morning. Coin bureau dude got me onto this coin, check out his youtube! No shill just a legit quality channel.
Played with INJ a little last night, cool NFT marketplace.. anyway, yeh im seeing an ascending triangle. I think you can argue its not an ASC TRI, the lower trend line bars may invalidate it. Mainly trading this because its clearly hitting upper resistance, market is very bullish right now, i can see it being like this for another 3 to 6 hours. If BTC decides to pop 60k things will be bullish for a few days more.
Not much to lose here imo, if INJBTC breaks this resistance it should be measured move up.
SELL: 0.00029600
STOP LIMIT: 0.00024100
20% Potential
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!
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.
INJECTIVE: INJBTC headed for correction soonThis is my personal opinion about Injective protocol in the short/mid-term.
Injective has a great and active community and a great concept being built, but there are too few tokens released for this price-action to last.
There are better, similar projects that has far better potential for growth at these prices.
Although I believe INJ will definitely 5x from here compared to dollar over the long run,
I believe SWTH, a direct competitor also backed by heavy venture-capital ( Three Arrows, the biggest investor in Grayscale, the biggest crypto-fund in the world),
has a far better risk/return than INJ right now.
I also believe it to be a superior project, having released mainnet, derivatives almost done.
Anyway I'm invested in both, and of the two SWTH is my main bag for holding long term.
I think it's wise to secure profits on INJ now, and look too other projects for a while at least.
I believe we will see INJ retrace and have good buy-opportunities in the green rectangle.
But likely the major resistance in the thick yellow-line will fight back, and possibly only wicks will touch the green rectangle.
We may see it touch fib 1.618, or even two or three before this happens, and if so the correction will be even harder.
Stay safe, an happy trading!