Range bound for over 100 days! Most bullish traders would have exited their trades by now as this asset was going nowhere. I think the next big move is pretty close now and one can still add this to their portfolio. Allow it to break above $14 for confirmation. $20 will be the 1st profit target. Good luck.
not really a value area, but here's another showing a complex inverse head and shoudlers after maybe a harmonic in the middle of a monster run. class c macd div. on the 4hr. if nothing else easy to manage risk and get an equitable trade targeting the high w a stop near or below the head. i'll add more here i guess
137% against BTC in 30 days,
68.2% against ETH.
Market cap is still a TINY $156 million as of writing, and will eat up all the layer 1 DEX $.
And this space is going to explode, with trust dwindling into negatives in traditional stocks, projects like these offer a solution to retail investors and more.
Investing wise if you don’t own INJ you are doing a...
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 -...
TWITTER ANNOUNCEMENT Jan 19 2021
Injective Protocol is listing on Huobi, which currently stands as one of the world’s largest cryptocurrency trading platforms by volume.
INJ is officially listing on January 19, 2021.
Initial trading pairs will include INJ/ETH, INJ/BTC, and INJ/USDT.
Previous chart that I published was 8 days premature but on target.
As Ethereum and Polkadot are two of the giants in the layer-1 space today, the opportunities for cross-chain derivatives DEX are truly limitless.
Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi.
Injective Protocol enables fully decentralized trading without...