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INJUSD

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.
BINANCE:INJUSDLong
by Pill_z
1
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%
Long
by Shwayze
16
✳️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