$INJ Injective Protocol Cup & Handle formation 1D

INJ

1D CHART

Very nice looking Cup and Handle fractal forming on INJ!

TECHNICAL TARGET PRICE $25.00

ALL TIME HIGH just above this at $25.30 so this TP zone is a very sensible selling place!

As we are seemingly in the beginning of a nice little alt season, this should play out well 🦾

Breakout expected around the 8th to 10th September...

ENTRY and STOP LOSS

Entry within the box labelled ENTRY ($14.90 - $16.00) - wait until we have breached the neckline and retested before buying in. Stop loss set between $14.20 - $13.15.

PLEASE NOTE

Always pay attention to the BTC chart when you buy in and make sure we are not at risk of dumping so that you can protect your capital.

It is also worth noting that this same cup and handle and rounded bottom pattern can be found on quite a few alts because of the May crash, so keep your eyes peeled for more potential beauties like this 💫

Trade safe guys,

PumpeyeTheTraderMan and Team Crypto Society ❤️