INJUSD
Injective Protocol - Wave 3 of ICOInjective Protocol is somehow following Fibonacci patterns precisely while in Price Discovery. What manipulation?!
Anyways, what we had with rise 1, was a drop to the 61.8% line, pretty much on the dot. This bounced hard and hit the exact point of 1.618%.
On the way down, this also hit the 61.8% almost exactly on the head (weird).
So, here we are, about to take a dip, and I am guessing it will end up at the 61.8% line again. However, I have noted this miay not be the end of the channel. The 2nd wave is usually the longest, so this may extend to the 2.618% line. We can redraw if need be.
Bullish Development, 100%
INJ / BTC potential next moveINJ / BTC
🌟analysis 🌟
This coin is Recently added to binance
According to fibonacci
next target is around 1.618 level
Best buy area ...If the price retest previous support zone in chart again
Good luck and happy trading 🌹
✳️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"
