It's funny, i sometimes get some flack for the simplicity (and admittedly ugliness) of my charts. But the truth is, the KISS mentality works especially well in crypto, and with sensible reason behind it. If a trend or support/resistance level is clear to you as a human, you can be sure there are tons of bots playing off it as well.
Anyways,
INJ has had an amazing run up in the past couple months, and many people who are long or holding should REALLY be thinking about getting out, or at least tasking some profit.
Look at it's all time MARKET CAP, not price. imgur.com/a/mHe2137 Also compare its current market cap to other metrics like FDV and TVL, and you'll see we need a pullback soon. But when?
Hopefully this chart can help you make that decision by following along as price plays out.
The Yellow lines are the big picture fib retrace. Will post a zoomed out view in the comments below
Anyways,
INJ has had an amazing run up in the past couple months, and many people who are long or holding should REALLY be thinking about getting out, or at least tasking some profit.Look at it's all time MARKET CAP, not price. imgur.com/a/mHe2137 Also compare its current market cap to other metrics like FDV and TVL, and you'll see we need a pullback soon. But when?
Hopefully this chart can help you make that decision by following along as price plays out.
The Yellow lines are the big picture fib retrace. Will post a zoomed out view in the comments below
Ghi chú
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.