This currency is hitting the channel floor and ma 200. And rsi and macd are also in ideal conditions.
I'm super bullish and a breakout above the channel will propel INJ towards $3 in the not too distant future! At the time of posting, $1.90 is the base with 2.50 being top of channel.
INJ - Injective Protocol - is one of what I think as the top ICO this year. Graph Protocol (another favorite) will utilize the Injective Protocol, as will Polkadot and many other networks. I purchased this one at $.70, and I am not sure why I waited this long to post it, but probably because I wanted to show a valid uptrend. After hitting $1.30 today, INJ...
Ref. G.Chart Hi If your familiar with chart structure, this is a good buy signal. Refer to the Bump and Run strategy. The lead in trend line was tested and looks good. BTC is likely also to go up from here (70% chance). Ensure you place your stop loss in the right places. All the best, S.SAri. INJ.BTC pairing BTC USDT
rsi slightly overbought wait for a dip to buy in. might retest 1.35 or 1.40 before another take off. not financial advise
INJ has hit a new ATH in past hour, albeit by 0.49c but the key thing here is that $1.40 resistance has now flipped to support. With this new support level, I would expect for the next upper resistance level to be around $1.60.
Target is $3 - Broke out on 8 hour mac d. blue skies!!! not financial advise
Currently INJ is plotting a head and shoulders pattern, I expect it to re-trace to around 0.80 in coming days if the pattern plays out.
On October 23, INJ was strongly rejected at the 1.2$ zone and there is certainly strong selling that could push INJ back to the support just formed at 0.9$ or deeper If the 1.2$ zone is broken, INJ will easily move up to the 1.7$ zone 📈BUY- LONG -Buy close to 0.9-0.95$, stoploss if B 📉SELL-SHORT -Sell: 1.15-1.2$, stoploss if A -Sell: 1.7-1.75$, stoploss if...
here we can play with this triangle , hopefully price will go up, after this low price consolidation and testing the support :) good luck