💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
INJ has conquered the $8 zone and is moving to the $11 and $17 zone this August. But if it loses the $8 zone, it will fall back to the 6.5$ zone
📈RED PLAN 🔴Buy : 7.8-8.2$. SL if B
🔴Buy : 10.7-11.3$ if A. SL if B
📉BLUE PLAN 🔴Sell : 10.7-11.3$. SL if A
🔴Sell : 16.6-17.4$. SL if A
🟣PURPLE PLAN 🔵Sell : 7.8-8.2$ if B. SL if A
🔵Buy : 6.35-6.65$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Injective Protocol is a universal Decentralized Finance (DeFi) protocol for cross-chain derivatives trading across a plethora of financial products such as perpetual swaps, futures, and spot trading.
The Injective Chain is implemented as a Cosmos SDK module, built with Ethermint (EVM on Tendermint). It utilizes a Tendermint-based Proof-of-Stake to facilitate cross chain derivatives trading across Cosmos, Ethereum, and many other layer-1 protocols.
Injective Protocol is collision resistant and utilizes Verifiable Delay Function (VDF) to prevent front-running.
INJ is the native asset of Injective Protocol and is used across a diverse range of functions such as:
Exchange fee value capture
The Injective platform enable users to:
Take part in decentralized cross-chain derivatives trading with zero gas fees.
Access cross-chain yield generation for a multitude of assets.
Create and trade on any derivative market with only a price feed, thereby opening up more opportunities for trading on markets not found on other exchanges.