Injective consolidated for over 40bars. The formed flag goes to an end. Projected both options if it breaks downwards and upwards. Breaking the top would lead us to new ATHs, therefore RR is much higher. Nevertheless, don't forget that after the break the price should comeback for retesting, therefore don't open too early. Just an idea.
1H candles formed reversal head and shoulders. If the price breaks the neck line - then a nice 4% increase should be obtained.
Injective Protocol had a blast in the second half of the year 2023. It looks like BTC ETF hasn't such an impact and new money hasn't flowed into the market as expected. INJ has a double top formed, and the daily candles trendline is being tested at the moment. If it breaks, a nice correction (which is healthy) for the price foreseen. always happy to hear other...
Injective shows bullish trend towards Volan mainnet upgrade. Fair Value Gap is taken from daily chart, where price should come back at least once before heading to TP1. Bulls are supported by BTC ETF approval by SEC, therefore I don't see any bearish movement is short period. Be aware of 'buy the rumour, sell the news' movement. Always happy to receive...
BTC ETF is approved which is good sign for overall crypto market. Volant mainnet upgrade today for INJ makes bullies attack, although bears tried to fight quite hard. Day canddle provides FVG where price will comeback for at least once before reaching TP1. Also, be aware of 'buy the rumour, sell the news'. Always happy to have receive a feedback, therefore...
Whole week chz has been consolidating. Keep an eye on 0.67-0.70 resist. If it breaks that neckline resist- we are running to 0.87. Im looking optimistic, that 1.9T cheques will have an influence to the market, so 1.12 wouldn't surprise me a lot. Let me know in the comments if you see something different
read the possibilities, keep an eye, take a shots, have a good one.