BINANCE:PERPUSDT   PERP / TetherUS
What Makes Perpetual Protocol Special?

20x Leverage On-Chain Perpetual Contract
Traders can trade with up to 20x leverage long or short, enjoy transparent fees, and 24/7 guaranteed liquidity.

Go Long or Short on Any Asset
Virtually any asset can be supported via a perpetual contract on Perpetual Protocol. Whether it’s gold , fiat, BTC , BCH, ETH, ERC-20s, XRP, EOS , LTC, ZEC, XMR, or something else, Perpetual Protocol can support it all.

Lower Slippage than Other AMMs
Traders on constant product (x*y=k) market makers like Uniswap suffer from higher slippages than traders on centralized exchanges (CEXs) because k is capped by the liquidity provided. Perpetual Protocol’s Virtual AMMs can set k algorithmically to provide lower slippage to traders.


Tools used:


4 HOURLY CHART, checking for most recent trend pattern
Lowest low: 26th March 2021 8PM ( UTC +8), vertical line
Highest High: 2nd April 2021 12PM ( UTC +8), horizontal line, before breakdown happens until today 5th April 2021 1:30AM ( UTC +8),
X-Y coordinates between vertical line and horizontal line from the top, draw gann fan on a 45 angle
X-Y coordinates between vertical line and horizontal line from the bottom, draw gann fan on a 45 angle
Gann Fan ratio 8/1, 3/1, 2/1 identified the support and resistance of the breakout from 5th April 2021 1:30AM ( UTC +8),

Possible retracements:
As per red highlighted bars.

Consider the retracement as bull market does not promise consistent growth. Up next, will be bullish version :)

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