✴️ Injective | Spoiler Alert, This Chart Reveals Everything!This is a very interesting chart, confirms everything I've been sharing about the Altcoins market and reveals what is coming next for those Altcoins that are yet to break up.
Read below and notice the exact everything I already repeated a million times through hundreds of charts... Literally 1,000 charts/trade ideas published since late November 2022.
1) INJUSDT hit bottom June 2022.
2) December 2022 we have a higher low (variation can be double bottom or lower low, doesn't make any difference).
3) In January 2023 the bullish breakout starts.
4) Peak mid-February leads to correction. Correction ends mid-March.
5) The resumption of the initial bullish move leading to a higher high.
Now, step #5 is what we are waiting for on literally hundreds and hundreds of pairs.
This is the exact same chart all across Cryptocurrency including Bitcoin.
This is the same chart as FETUSDT and STXUSDT that went ahead, there are many others but these are just two examples.
The Altcoins that you are holding... The charts I've been sharing, big and small, will go through the same... What one does, the rest follows!
Namaste.
Injective
$INJ/USDT 1D (#Bybit) Rising wedge on resistanceInjective Protocol is entering overbought territory and could retrace down to 100EMA support, after a last push up into supply zone.
⚡️⚡️ #INJ/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 4.9%
Current Price:
7.0720
Entry Zone:
7.1290 - 8.0450
Take-Profit Targets:
1) 5.8905
2) 4.6130
3) 3.3355
Stop Targets:
1) 9.0065
Published By: @Zblaba
CRYPTOCAP:INJ #INJUSDT #Injective #DeFi #Web3 injective.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +49.2% | +86.2% | +123.3%
Possible Loss= -41.2%
Estimated Gaintime= 1-2 months
Does INJprice still have the strength to rise or fall right now?In our opinion, the price of INJUSDT is at the stage of final acceleration in parabolic growth.
The completion of the 5th wave may be already around 7$, it may be around $7.50, or around $8.40. This should be closely monitored by those who hold a long position on INJUSD, as the correction may begin abruptly from the above levels.
Where can the correction take place, or where are we ready to buy INJ ?
In the area of 4$ in the event of a weak correction in the crypto market and 3$ and below in the event of a strong drop.
In principle, all levels are equal on the chart) Use it for health and with profits)
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INJ/USDT Price Prediction Chart AnalysisHello,
#INJ/USDT Technical Analysis Update:-
I have conducted a technical analysis on the INJ/USDT pair, which is currently trading at $3.416. According to my analysis, the projected growth for INJ in 2023 is 270%. However, the price is currently 25% lower than its recent high of $4.582.
Based on the chart, the price has broken down the neck line support and has converted to a bearish zone. Therefore, I am expecting a minimum 30% downward movement from the current price level, with a maximum of 44% to 50% also possible.
It is possible to anticipate another leg down from the $3.65 resistance/retest level. However, if the price goes above $3.80, it would invalidate the bearish chart.
Please take note of the following levels:
Support: $2.48/$2.00
Resistance: $3.80
If you found my analysis and content useful, kindly like and share it. Don't forget to follow me for the latest crypto live updates.
Thank you.
Injective Protocol (INJ) formed Gartley for upto 22.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ)
In previous trade setup, the priceline of INJ was moved slightly moved down than buying zone, however, recovered soon and pumped more than 19%.
Now this time on a daily time frame, INJ has formed a bullish Gartley pattern for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
INJUSD 3.05 is the target but wait for break or pullbackINJUSD the symbol of the Injective coin is rising parabolically and this is not the first time we see it on such a strong rise inside the accumulation pattern since May. Basically the Resistance levels are harmonic and we can see the pair getting rejected because of the 2.5050 harmonic Resistance. This RSI though is different that the parabola of August so this time be ready to buy the break of 2.5050 or better yet a 1day MA50/200 pullback if the parabola breaks downwards.
Follow us, like the idea and leave a comment below!!
INJ/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ INJ/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Regular (Long)
Leverage: Cross (3.0X)
Entry Orders:
1) 2.7955 - 33.403% ✅
2) 2.777 - 16.0%
3) 2.7646 - 16.609%
4) 2.7494 - 16.695%
5) 2.7342 - 16.603%
6) 2.719 - 16.686%
Take-Profit Orders:
1) 3.035 - 20.441%
2) 3.185 - 19.889%
3) 3.267 - 19.889%
4) 3.634 - 19.889%
5) 3.864 - 19.889%
Trailing Configuration:
Entry: Percentage (0.833%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
Injective protocol INJ INJ is a project invested and supported by the Binance Labs fund
Injective Protocol is a cross-chain platform deployed on the basis of two protocols, Ethereum and Cosmos, so that users do not experience problems with high gas prices.
Among the key features of the project, it is worth noting decentralized trading in derivative financial instruments, the ability to trade on any market, cross-chain trading, yield generativity, a community-driven network, and high-speed DEX.
The project investors are Pantera, Hashed, and of course Binance Labs.
It is also worth paying attention to the technical analysis and consider the INJ chart :
From the peak, we fell by 95% and came to the zone from which the growth began and in which there were good volumes, and when we return to this zone, now we also see large volumes. If we analyze the behavior of coins in the previous bear market, then on average coins fell by 93-95%.
Therefore, I consider it unlikely that INJ will show a strong fall from these values, it would be logical to test the $1 level and start forming a bottom from there. So far, we are not seeing signs of strength in this coin to expect any growth in the coming month. Unless we quickly get out of this wedge and the price fixes above $1.7
Injective Protocol (INJ) formed bullish Gartley for upto 15% pumHi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ)
Previously I shared a long-term trade setup for INJ, which is still in play:
Now on a 2-hour time frame, INJ has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
I like Injective, we will see many ATHs for INJ next years! BULLI like INJECTIVE PROTOCOL, its an amazing DEX & Binance is a partner! Team and Community are very nice, so smart people.
Price right now accumulating and I would predict $17 INJ if crypto market recovers this year.
Anyway, I bought and I keep buying $INJ at these prices, very cheap for me.
I am a nINJa :) Buy, stake & HODL.
Always #DYOR
Injective.com
twitter.com/InjectiveLabs
$INJ Injective Protocol Cup & Handle formation 1D
$INJ
1D CHART
Very nice looking Cup and Handle fractal forming on $INJ!
TECHNICAL TARGET PRICE $25.00
ALL TIME HIGH just above this at $25.30 so this TP zone is a very sensible selling place!
As we are seemingly in the beginning of a nice little alt season, this should play out well 🦾
Breakout expected around the 8th to 10th September...
ENTRY and STOP LOSS
Entry within the box labelled ENTRY ($14.90 - $16.00) - wait until we have breached the neckline and retested before buying in. Stop loss set between $14.20 - $13.15.
PLEASE NOTE
Always pay attention to the BTC chart when you buy in and make sure we are not at risk of dumping so that you can protect your capital.
It is also worth noting that this same cup and handle and rounded bottom pattern can be found on quite a few alts because of the May crash, so keep your eyes peeled for more potential beauties like this 💫
Trade safe guys,
PumpeyeTheTraderMan and Team Crypto Society ❤️