INJECTIVE PROTOCOL (INJ) had a immense impulse out of the accumulation range. Now there are clear visible signs of weakness and rejection from weekly HTF resistance. At this confluence, moonboys are calling for three digits $INJ whereas I am conservatively looking for yearly open. The chart shows perfect example of a classic textbook wyckoff distribution schematic...
INJ one of the stronger alts today but still think it's going much lower. I can see a Double Top forming on HTF just needs a confirmation below $3. In this LTF trade I'm waiting for price to go under $3.61 again, that would be a deviation of the LTF Mid Range and my trigger to short it. First target is Range Low at $3. That is a big level for INJ. After that...
INJ is looking like it's forming a Double top pattern here on a Higher time frame chart. The Double top will be confirmed if it turns $3 from support to resistance and that will be my 1st Target, 2nd Target Mid Range. I'm not rulling out a one more push into the 4H block so I'm slowly scaling in, wrong if we see acceptence above $3.75. As I said before, all...
Hi 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. ...
INJ do this and you better be ready with a huge dump truck to back up to the loading dockIMO.
Want to come back to $INJ There's handful of #crypto that fall into this Daily - Nice RSI Divergence ***Weekly BULLISH moving avg crossover, in overbought range*** Monthly trading above RED but STOPPED by green average IT's had a run, could be pausing a bit #DEFI #INJ
Took liquidity from last wick. Showing weakness at HTF level. Let's how it will play out.
Took liquidity from last wick. Confluence with HTF level rejection. Potential nice play to short.
#inj/usdt flipped above the neckline of double bottom formation on 1D chart👀 Want to see a fixation now for the bullish case✈️ BitVero Crypto Academy. Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
This is about INJ Injective Protocol Price Prediction in which price can bounce up from this 1 hour support and resistance area.
The red box most probably will work as resistance so i looking at bearish breakers (retracement etc.) around $2.2s . If the price loses red box, the price may dump more than we expect. Have a good weekend!
#Injective will follow Bitcoin and Eth downfall. Lower lows for this one are coming, just wait.
I will be posting long term accumulation plans for crypto blue-chip projects only. All charts are in $BTC quote currency Project 1: Injective Prime project running own L1, implementing burn mechanisms and CLOB perp exchange. Cosmos eco member.
A 5 Million Tokens Burn is fundamentally good news ( tokenomics are important in crypto) INJ could be the broker of the future, just to have an idea of what the project is all about: Injective is an open, interoperable layer-one blockchain optimized for DeFi applications. It uniquely provides plug-and-play modules, including an order book and derivatives...
$INJ has buys coming in #INJ really made a run late Oct but failed HOWEVER Didn't sell off to lows & held decently We can 2x easy if we have any kind of bump #crypto #DeFi $BTC $ETH
There is a Cup and Handle Pattern forming on the 1-hour time frame. A breakout is possible in the next 6 to 12 hours, but a lot will depend on how Bitcoin performs. If there is another significant Bitcoin pullback, a breakout most likely will not materialize.
Rally up to 3.80 in coming weeks seems likely. Ascending triangle + Adam/Eve bottom pattern forming.
----- 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...