HUB-CRYPTO

A Perpetual cycle

Long
HUB-CRYPTO Updated   
BINANCE:PERPBTC   PERP / Bitcoin
"After some pull back there is often a take off with coins that have strong fundamentals."

πŸ“° Latest News about PERP. πŸ“£

" OKEx Adds PERP and Three More Tokens to Further Expand its DeFi Offering "
"Perpetual Protocol emerges as sixth-largest DEX after just one month"

A bit of Technical analysis πŸ“ˆ πŸ“

Macd just crossed the signal line indicating long positions are now favorable.
RSI came back from an oversold situation and is starting to climb up again.
latest Chart pattern shows us a bounce on the mid term channel support . Moreover in a shorter time frame we see kind of an agressive double bottom on this channel support.

The risk ratio is nice with a bit less then 4% from Stop Loss.
First target is at 10 % .

Trading plan would go as follow

βœ… Optimal entry +/- 2% : 1380 sats
🎯 Target 1 : 1521 sats
🎯 Target 2 : 1667 sats
🎯 Target 3 : 1840 sats

* You could Take a bit of profit at each target and buy back.*

Financial Disclaimer
High Risk Investment

Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO's, IEO's, STO's and any other form of offering will not guarantee a return on your investment.

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Trade closed: stop reached
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