Hi friends, hope you are well, and welcome to the new update on Perlin ( PERL ) with Bitcoin pair.
Previously we had a nice trade of PERL:
On a 4-hr time frame, PERL has formed a bullish Gartley pattern. At the moment, after completing the final leg the priceline is slightly moved up, therefore, we can wait for some correction to buy it from the potential...
be cerfull
This is the fifth and final wave Before the bear market.
Perl Target At Least 350 - 400% . = 1.61 Fib
Best price to buy
0.075$ - 0.9$
Sell
0.40$ - 0.45$
ENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
PERL / BTC
After achieving new low against BTC
Strong volume start to enter
Bullish candels pattern and biggest weekly green Candle since August.. All these are bullish signs
If it will hold above 130 sats by weekly candles it can do easy x2 x3 x5
🛑Take care because this is shit coin ...
💡ONLY with small position if interested
💡ONLY for patient traders
...
💎Technical Analysis Summary💎
BINANCE: PERLBTC
-Perlin broke its key level of support at 180s sat area
-Currently, the price is consolidation in a potential Bear flag
-Technically, this is not a good sign in terms of Bullish price action
-A break of support at 156s sat will lead to a downward movement to 130s sat
-Please be cautious, there is no sign of...
BINANCE: PERLBTC
-Perlin is now trading at previous resistance zone around 260 sat range
-This level is also a confluence of previous support from Dec 2019 trading
-If Bitcoin started to consolidate and do not drop any more
-PERL may have the chance to bounce up to 400-440 sat level
-This is not financial advice, please use proper risk management
**If you like...
PERL broke out of the Broadening Right Angled Descending Triangle pattern a few days ago and retested the upper edge of the triangle to confirm the pattern. So next target is at 850sts.
If you want to buy PERL, you can buy in the 500-600sts
Stop loss if the price falls below 480sts
PERL has good momentum to rise up and break the 220sts level to move up to above 300sts in June.
But to make sure if this trend is strong enough, we will wait for it to break out from 220sts then buy it for super high targets : 280 - 350 and 430sts or wait for it at the zone of 150-170sts
But there is a notice : because in May 26, it formed a big false break after...
PERL/USDT
PERL is on a potential descending triangle coming from a strong downtrend.
To trade, this type of pattern is to wait for the break trend-line support or resistance.
Waiting for extra confirmation and letting the market tell us what to do is the best way how to enter this type of situation.
If the pattern breaks to the upside, we go long position and...
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
![PERLBTC: ✳️Perlin [PERL/BTC] on August 08 #PERL $PERL #PERLBTC](https://s3.tradingview.com/7/76pWU452_mid.png "✳️Perlin [PERL/BTC] on August 08 #PERL $PERL #PERLBTC")
