AlanSantana

✳️ Perpetual Protocol Falling Wedge After Fall & Low

Long
BINANCE:PERPBTC   PERP / Bitcoin
Here we have a very nice and beautiful chart, the classic falling wedge pattern. We are looking at Perpetual Protocol vs Bitcoin (PERPBTC).

In this chart the falling wedge pattern if completed will also produce a higher low, giving further strength to the bulls.

We can see volume rising, slowly but still rising above-average and this is on the first day of the week. This reveals that something strong is really coming here. This is good that we can tell. It can be profitable knowing these things before-hand.

Well, that's it.

The chart can change/market reverse and so we use a stop-loss; manual.
For this setup we are using 0.00001800 based on the weekly timeframe.

We protect ourselves in case we fall down but we are going up.

Namaste.

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