source avatarCoinNiel

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Full sell-off on Injective. As Bitcoin crashes, most altcoins, including Ethereum, are also declining. Interestingly, Injective has held up well near its highs. From experience, when a coin rises during periods of low liquidity, it’s often better to take profits. Looking solely at the chart pattern, a head-and-shoulders formation appears to be forming. It’s not confirmed yet. 😅 I’m taking profits on the position, but personally, I hope the Injective blockchain continues to thrive. I’m liquidating to prepare for semi-fire and generate cash. ~ @injective #Bitcoin #ethereum $INJ

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