Inj/Usd has been ranging for the past 61 days in a bullflag and is gearing up for new alltime highs. My target is a solid $50 dollar because of a strong psychological level. We need to break the trend line and retest trendline to confirm breakout. Supertrend also turned to a buy signal on the 1 day chart. I think once we break the $40 dollar level, 50 dollars is...
We are in consolidation area of Bull Flag and if we break from here we expect 60% + move up, we have supply zone in front us may slow up the move.
I wouldn't consider buying Injective at the moment. The price surged sharply from $6 to $40, and a pullback after such a steep increase is only logical. The presence of a yellow horizontal line above two peaks suggests an upcoming downtrend, which indeed occurred. While the fundamentals of Injective are sound, there's a possibility it could experience a further...
My primary count considers gray wave 4 is happening as a flat correction. We are in a solid support zone, but I believe we will test lows again before going after wave 5. Ideally, I´d like to see divergence on the 4H timeframe before taking longs.
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...
Ever felt like the markets are manipulated? That there are hidden forces manoeuvring prices this way and that, like puppeteers pulling the strings? Regardless of whether this happens or not, the capacity for centralised exchanges or market makers to do so is most definitely real. Enter decentralised exchanges and more pertinently, Injective Protocol. INJ is a...
INJ is showing signs of a massive sell-off coming soon. Here is the explanation for this Wyckoff Distribution: PS (Preliminary Support): Initial support forming after a prolonged downward movement. Indicates substantial buying with increased volume and wider price spreads, signaling potential end of the downtrend. SC (Selling Climax): Point of...
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...
Looking at INJ, like many, I'm blown away at how this seems to have more in the tank - it just doesn't appear to be running out of puff! Where could it go? In the 2 weeks from Christmas to early Jan, we saw it go from $43~ down to $33~ Could a correction of this type be in the cards again? I think it is only healthy. And if so, does this mean a potential retest...
INJ accumulation zone limit orders hit. We may move down to that bottom wick these are the day that you buy the dip. Next Stop $50. NFA
To my disadvantage I've only been in and out of Injective, not a holder. If we do not hold the $37 range we should have some decent entry points. The real question I want answered. Which asset will 10x in 2024? Is Injective a 10x candidate? For most investors, it is safer to assume a market cap of 50 will 10x than a market cap of 30. But when Ethereum was $750,...
BTC is moving down possibly to the support region. Now INJ looks like it will move into our accumulation zone before we blast off to $50.
how I wanted it. please any constructive criticism welcome
if plays out the corrective goes down to support level at 30. plus dollars before next waves back up to $45
Based on recent price of BTC will see a continuation of this correction estimated 1-5% drop. As for injective, the market is giving us some possible opportunities. I have a few limit orders set for continued accumulation. I'm not buying a ton, just adding to my current size. Check the levels, Plan ahead and trade safe. Low-Medium Risk Trade Check All Levels, Plan...
COINBASE:INJUSD INJUSD (D1) Small range pattern after a long and strong price increase Trading volume decreases during the price base and increases again when the price pushes up Make a stop loss below the lowest point of the price base. Buy Stop at 43.9 Stop loss at 36.9 TP will be updated continuously