INJ / TetherUSLong
IDEA #1 | INJUSDT - DAILY | BULLISH BIAS
Injective (INJ) is a remarkable project that has been operational for about four years now. It has a market cap of more than $2 billion, features cross-chain compatibility, and is highly finance-optimized.
Please check their website at @injective.com if you are not familiar with the project and it's goal.
In the last month, the market has experienced two significant red days totalling over $2 billion in liquidation. As indicated, the most recent one tapped into daily imbalance. Though this might not represent peak downside for altcoins, I do not anticipate a daily candle closing below the two lows indicated at $15$–13$. Keeping an eye on BTC.DOM will help efficiently time further entries/layers.
Please check their website at @injective.com if you are not familiar with the project and it's goal.
In the last month, the market has experienced two significant red days totalling over $2 billion in liquidation. As indicated, the most recent one tapped into daily imbalance. Though this might not represent peak downside for altcoins, I do not anticipate a daily candle closing below the two lows indicated at $15$–13$. Keeping an eye on BTC.DOM will help efficiently time further entries/layers.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.