Hi dear patrons, hope you are well and welcome to the new trade setup of Perpetual Protocol (PERP).
Previously we had a nice trade setup of PERP:
Now on a daily time frame PERP is forming a bullish Cypher pattern.
Buy and sell targets:
Buy between: 0.0003366 to 0.0002900 btc
Sell between: 0.0004019 to 0.0004710 btc
Stop loss:
Maximum extent of the buying zone to 0.0002900 btc can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 62% and a loss possibility is 14%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Previously we had a nice trade setup of PERP:
Now on a daily time frame PERP is forming a bullish Cypher pattern.
Buy and sell targets:
Buy between: 0.0003366 to 0.0002900 btc
Sell between: 0.0004019 to 0.0004710 btc
Stop loss:
Maximum extent of the buying zone to 0.0002900 btc can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 62% and a loss possibility is 14%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.