Crypto Contest August 7: Injective

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Injective (Binance: INJUSDT) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, INJ began a red wave one advance in October 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in May 2021 and the red wave two (blue sub-waves a-b-c) correction ended in July 2022. If this wave count is correct, INJ should be heading next towards the May 2021 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Injective is a blockchain built for finance. Jerry Banfield reviewed the project three weeks ago.

(Sources: https://injective.com/)

How Will Injective Trade?

Injective (Binance: INJUSDT) weekly chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

INJ will takeout the September 2021 peak

INJ will drop below the July 2022 low

INJ will stay in a trading range between the July 2022 low and the September 2021 peak until September 12

Posted Using LeoFinance Alpha



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54 comments
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INJ will drop below the July 2022 low

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INJ will takeout the September 2021 peak

!PGM !LOOLZ !MEME

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP tokens

remaining commands 8

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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INJ will stay in a trading range between the July 2022 low and the September 2021 peak until September 12

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INJ will stay in a trading range between the July 2022 low and the September 2021 peak until September 12

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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!WINE

!LOLZ
!LUV
!PIZZA

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INJ will drop below the July 2022 low

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INJ will stay in a trading range between the July 2022 low and the September 2021 peak until September 12

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