PERL is at all time low, sitting at previous support.
BTC will have some wild west movement, run to 7200 and consolidation or maybe a bit here and there giving alts full chance to run.
PERL will have its moment soon.
Here we have Perlin (PERLBTC) short-term (4H Timeframe), prices are now moving above resistance.
With a strong break of EMA10 (green) and EMA50 (magenta), PERLBTC is now looking bullish.
The RSI is really strong at 68 and going higher, while the MACD is above the zero line.
Perlin Support & Resistance
Our main support is sitting right below EMA10/50 at...
The price is about the brake up the base line of the trend, please notice that the reward this time if huge, so wait until the price has confirmed the trend above the the base line and follow the MACD if can apply Stochastic RSI that would be an amazing tool as well
regards,
$PERL
Potential Inverse Head & Shoulders as it Flips resistance into support at ~390sats
This trade is very dependant on what #BTC keeps doing over the next hours/days
UCTS Buy signal on the 12H (Volume needs to follow)
As target ~490sats (20%+)
#PERL
$PERL
Reclaimed ~390sats, flipped it back to support and showing some accumulation over it..
UCTS Buy signal on the 8H & lower timeframes...
If gets traction from here, then aiming for ~500sats (20%)
#PERL
Bearish Head and Shoulders pattern.
I will start to accumulate at 300 sats and will continue to ladder my buy-ins.
Token unlock of 86 million on Feb 26...about 1/3 of current supply of 262 million. Could be a non-event, but I'm still bearish for the time being.
MACD DEMA is heavily on DIP. Most coins did recover with huge pump after this like matic, bqx,..
It's now on buy Zone 280-320satoshi.
HOLD for middle term and some long term.
middle term 0,15$
can be somewhere like 0.5-0.65$ range this year.
Close above 389 sats is green light for me
1R risk max cuz if btc continues to correct itself, this idea probably will be invalid,
If the breakout happens I'll take profit 2 times according to PA and let the rest run.
Lets go!
Perlin (PERLBTC) hit bottom on the 19-Jan. and has been growing since... Let's take a quick look at the chart signals:
Perlin (PERLBTC) Chart Signals by Alan Masters
First, we have really good volume for the past few weeks.
A new ATL was hit and prices quickly bounced and are now trading above resistance (EMA10/50).
A new uptrend has been established...
$PERL
Crossing over ~391 sats trying to flip this level into support..
Volume is not great (decreasing.. 🤔) while UCTS Buy signals are active on the 1/2D timeframes
RSI at overbought
We may see continuation to the upside here w/ target at ~490+sats
Tight SL just in case
#PERL
if price close above pink line which is daily resistance than perl can pump hard in very short time
here's the resistance on daily chart
4 Hour RSI also looks good
Buy : ladder buy 405 - 410 , 400 - 405
Stop : 7%
Target : 430 , 460 , 500
Perlin (PERLBTC) is now bullish and trading above EMA50 (yellow line on the chart).
With increasing volume, the above signal is telling us that the bulls are taking control, our next target is now at EMA100 or 0.00000352 for PERLBTC, this can be hit pretty fast within days.
Both the MACD and RSI support this move.
Thanks a lot for reading.
Namaste.
