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RizeSenpai

PERPUSDT: Bullish Engulfing at 200 Moving Average and Support

Long
PERP / TetherUS (BINANCE:PERPUSDT)  
RizeSenpai  
BINANCE:PERPUSDT   PERP / TetherUS
Chart Patterns Technical Indicators Trend Analysis PERPUSD Double Bottom supportandresistancezones Bullish Divergence Contains IO script
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chartpattern indicator trendanalysis perpusd doublebottom supportandresistancezones bullishdivergence containsioscript
PERP has Bullishly Engulfed above a major Support/Resistance Level and looks to be forming a Double Bottom of sorts with Bullish Divergence on the MACD. If it plays out we could very well see higher highs and may actually see a macro Bullish Breakout of an even bigger pattern of higher lows and higher highs on the Weekly, but for the time being I'd just want it to try to recover the range highs of the daily Double Bottom.
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