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INJ / TetherUS

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INJUSDT trade ideas

INJ Is Start The Engine. And We Ready To FlyShort Fundamental Analysis of Injective (INJ) Injective is a decentralized exchange (DEX) that enables cross-chain margin trading and derivatives trading. It is built on the Cosmos SDK and uses a Tendermint consensus mechanism. Injective has a number of advantages over other DEXs. First, it is very fast and scalable, with the ability to process thousands of transactions per second. Second, it is very secure, with a number of features designed to prevent fraud and hacking. Third, it is very user-friendly, with a simple and intuitive interface. Injective has a number of partnerships with leading companies in the cryptocurrency industry. For example, Injective has partnered with Binance Labs, Coinbase Ventures, and Alameda Research. Recent News on Injective (INJ) On September 26, 2023, Injective announced that it had integrated with the MetaMask wallet. This integration will allow Injective users to interact with the Injective DEX directly from their MetaMask wallets. On September 22, 2023, Injective announced that it had launched a new decentralized perpetual contract trading platform. This platform will allow users to trade perpetual contracts on a variety of assets, including cryptocurrencies, stocks, and commodities. Disclaimer Cryptocurrencies are volatile assets and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency. Disclaimer However, I am not a financial advisor and I cannot provide financial advice. The information I have provided about Injective (INJ) is for informational purposes only and should not be construed as financial advice.
Long
by MoonTradingForecast
3
The possibility of falling to the bottom of the channel for ENJIn the daily time, this currency is in a sideways trend, but in the 4-hour time, it is in a falling trend. An important range for the support of this currency is the neck line, and if this range is broken, there is a possibility of falling to the bottom of the trends. In the best case, this currency will grow up to the previous peak and after that there is a possibility of falling, although it is too early to say this. Follow us on TradingView
Short
by karaco2022
Update INJUSDTFrom the general view of the chart and the update of the previous chart, we find that there is a strong weekly resistance that was tested three times and was unable to break above it. In addition, it has completed a compound upward wave, and it is possible that it will fall strongly in the coming period to visit the strong support area in the shaded area. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look Good luck
Short
by KhaldHegazy
3
INJ 1D Short AnalysisHey, Just want to share my idea on whats happening with INJ on the daily chart. So at the start we can see a clear 1-5 Elliot wave hitting the 2.618 projection where 5th makes a Bearish double top Pattern. whats next ? ---> ABC.... Right now the price action is after doing a Breakout (Not shown in this chart but if you draw a trendline from 2-4 you will see a 3 touch breakout forming the A wave) is heading back up to retest the breakout and also forming a B wave to the 618 Level or the top of the Terminating channels (Drawn from the top of 3 to the bottom of A). We Continue and look at our RSI and see Hidden Bullish Divergence which confirms the price is on its way to form a B wave. Going forward we can also see an incoming 3 touch breakout (trendline from 4-A) which would then reflect on my Magnetic EMA indicator (very bottom one). Right now I am waiting for the price action to pump up a little bit closer to the top of the trend channel before im going to start looking for short entries. If it doesnt pump back up then my entries will be at the 3touch breakout. wheres the TP ? - TP on an ABC are usually between wave 2-3 so in my opinion the safe TF is at the 1.618 at around 4.102$ (35% down) but everything could change when we see more waves. Lets go !
Short
by Mateusz_Matyja