Price depends of BTC also, but I think $INJ will be more bearish than bullish next months...
I love Injective but I feel this could go lower yet... I keep buying cheap and stake all for long term!
Please #DYOR before invest your money :)
I like INJECTIVE PROTOCOL, its an amazing DEX & Binance is a partner! Team and Community are very nice, so smart people.
Price right now accumulating and I would predict $17 INJ if crypto market recovers this year.
Anyway, I bought and I keep buying $INJ at these prices, very cheap for me.
I am a nINJa :) Buy, stake & HODL.
Key technical factors:
Below price cost line (Pifagor ALTS green line)
Just left the white area of ALTS Mood indicator which means the panic sell-off is over
Has smart money accumulation in last days
Adding to my portfolio at current prices. SL is under $3.5 for a case BTC goes down again.
* This is not a financial advice. Please do your own research!
The Injective After a long time of correction to the downside ,we can see some sings of Bullish trend.probably bulls will be looking to go long on INJ if we would see break out in the coming days.
As you can see chart above the INJ broke bearish trend line in 1W time frime but it could not to held it.
But i think it trying to break it again in coming days and...
Due to a long downtrend period, INJ seems to be starting a new uptrend, as seen in the chart.
Using the special indicator, the Daily shows it still has a long way to go.
A hodl till blue line above at $12 is highly likely. No leverage, so its a buy...✈️🌙
I try to provide analyzes with a specific time area
Please note the expiration time.
always Be faithful to the SL.
*(( If you make an emotional decision, do not use any analysis. Try to control your emotions and manage your asset ))*
The buying force returned when INJ retested the $5 zone, we can expect a new rally to the $6.5 or even $10 zone in the near future.
♻️Condition : If 1-Day closes ABOVE 5$ zone
🔴Buy : 5
🔴Sell : 6.5 - 8 - 10
♻️Condition : If 1-Day closes BELOW 5$ zone
🔵Sell : 5
🔵Buy : 4.2
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%