Why I like INJ
The use cases intended for INJ include but are not limited to: protocol governance, exchange fee value capture, derivative collateralization, liquidity mining, and staking. Further details regarding each of these use cases can be found below.
Protocol Governance: The INJ token can be used to govern various components of Injective's sidechain...
The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially...
Hello everyone ! INJ is currently in 140 th according to its market cap in the crypto market. Its pevious broken bullish flag's target is 28 dolar and fibonacci says 30 dolar for resistance which is also psychological resistance level. Other resistance levels are on the chart. If INJ goes below purple box, 15.6 - 16.5 area not because of BTC then falling trend can...
$INJ currently trading at $18.150
Entry zone and strong support - $16.3 - $17.3
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I thought this was interesting though, maybe a Coinbase listing incoming for INJ?
Price action trading.
There is always a risk of capital loss for any investment. The investor shall make the final decision after studying and researching each provided analysis extensively and shall take responsibility for any consequences.
The price is creating a descending channel on 4h Timeframe. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h...
Bounced off the trend line, i expect some kind of upside movement. Good team, and strong project fundamentals, it should grow a lot in 2021 imho.
Entry: $18-$20 range
TP1: $24-$25 range (+25%)
TP2: $28-$32, depends on how much time it takes to reach the upper trend line.