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 is ready for another ride!
After breaking out and confirmation, we can see PERL is now in accumulation and can flip over resistance anytime soon and holding support over support.
IF this holds we can expect another Bull run by PERL.
ENTRY: CMP
Targets:
734
789
865
924
SL: No need. Do DCA and buy in Dip
If you like these setups,join our TG channel...
#PERL Has been making some great moves 160% since breaking from its range of over 120 days. After the market reset it buyers quickly stepped in and we can see its looking primed for continuation to the overhead supply zones. I'm bullish here. #AltSeason BINANCE:PERLBTC
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Thanks for your time :-)
Just a week ago we shared a chart for Perlin vs Bitcoin (PERLBTC)... All targets have been hit.
Now, is there any steam left on this altcoin pair?
It looks like it, prices are now growing after a long upper wick was printed yesterday.
If you zoom out on this chart, you can find additional targets.
Here is the previous article from July 19 for your...
Perlin (PERLBTC) is now trading above MA200 and ready to grow.
On the chart above I've marked the next target... Pretty straight forward... This one is an easy hit.
If you zoom out you can find additional targets.
As for the signals... We have a very strong RSI and the MACD curving up while gaining momentum.
The trading volume is good on the green/bull side...
![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")
