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AlanSantana
Apr 7, 2020 8:06 PM

Perlin Bottomed Out, Same Chart (170%+) Long

Description

Perlin (PERLBTC) is bottomed out while ranging within its "consolidation zone" with bullish tendencies.

Once we hit bottom... The only place left to go is up... Look at AEONBTC and what happened once it hit its low (555%+ Candle...):


PERLBTC is now moving above EMA10.

Any spike can send this altcoin pair flying up with really huge strength and momentum.

Conditions for change
If the red dashed line at the bottom is taken out, prices move and close below it, we lose the bullish view and a new analysis is needed.

Thanks for reading.

Namaste.

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Previous chart
Comments
Trading-Guru
I'll be a little bit more positive than the other comment. Great analysis! I am looking for it a bit more short term here on the 240m, but definitely see a similar uptrend potential:
aoiip3
Wym this dog shit coin has bottomed out. I swear you post every coin is going up just because you like drawing lines. Your altcoin predictions are dogshit
AlanSantana
@aoiip3, You can just ignore it. 😊

Have a nice day.

Namaste.
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