Perpetual Protocol (PERP) formed Cypher for upto 13.5% move
Hi dear patrons, hope you are well and welcome to the new trade setup of Perpetual Protocol (PERP).
Previously we had a nice trade of Protocol (PERP):
Now on a 4-hourly time frame chart, the Perp has formed a bullish Cypher pattern.
Buying and sell targets:
Buy between: $16.16 to $15.64
Sell between: $16.94 to $17.77
Stop loss:
The maximum extent of the buying zone to $15.64 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 13.5%, and the loss possibility is 3.5 %.
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 of Protocol (PERP):
Now on a 4-hourly time frame chart, the Perp has formed a bullish Cypher pattern.
Buying and sell targets:
Buy between: $16.16 to $15.64
Sell between: $16.94 to $17.77
Stop loss:
The maximum extent of the buying zone to $15.64 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 13.5%, and the loss possibility is 3.5 %.
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
Trade closed: target reached