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INJ / Bitcoin

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INJBTC trade ideas

INJBTC Ascending Triangle Breakout TradeWoke up and saw this this morning. Coin bureau dude got me onto this coin, check out his youtube! No shill just a legit quality channel. Played with INJ a little last night, cool NFT marketplace.. anyway, yeh im seeing an ascending triangle. I think you can argue its not an ASC TRI, the lower trend line bars may invalidate it. Mainly trading this because its clearly hitting upper resistance, market is very bullish right now, i can see it being like this for another 3 to 6 hours. If BTC decides to pop 60k things will be bullish for a few days more. Not much to lose here imo, if INJBTC breaks this resistance it should be measured move up. SELL: 0.00029600 STOP LIMIT: 0.00024100 20% Potential
Long
by tommytoan11
INJ_BTCINJ-BTC ( INJ-BTC is farming a bullish flag) The prvious hight will be the next target we mentioned in chart each and every thing A perfect long term sound project .. For investors i recommend to buy big bag at the lowest price here … why we recommend because at current senario USDT pair coins pumped hard .. we recommend to our investors to shift from usdt to satoshi instruments because its a sound project and went all time low here is the chart mention each and every thing ... tenure 30days .. Mid term trade Risk low Profit according to your holding ...
Long
by waqarzaka86
3
INJECTIVE: INJBTC headed for correction soonThis is my personal opinion about Injective protocol in the short/mid-term. Injective has a great and active community and a great concept being built, but there are too few tokens released for this price-action to last. There are better, similar projects that has far better potential for growth at these prices. Although I believe INJ will definitely 5x from here compared to dollar over the long run, I believe SWTH, a direct competitor also backed by heavy venture-capital ( Three Arrows, the biggest investor in Grayscale, the biggest crypto-fund in the world), has a far better risk/return than INJ right now. I also believe it to be a superior project, having released mainnet, derivatives almost done. Anyway I'm invested in both, and of the two SWTH is my main bag for holding long term. I think it's wise to secure profits on INJ now, and look too other projects for a while at least. I believe we will see INJ retrace and have good buy-opportunities in the green rectangle. But likely the major resistance in the thick yellow-line will fight back, and possibly only wicks will touch the green rectangle. We may see it touch fib 1.618, or even two or three before this happens, and if so the correction will be even harder. Stay safe, an happy trading!
by VargVemund
2