$PERL broke out from descending resistance line and head down toward support line and hold above support zone. I think it is possible to go up to touch $0.13 and $0.146.
but if price break down from support zone this scenario will be invalid.
Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
Welcome to my new Short...
Soon, we will see a good thing in the process of this coin
Has all the conditions to break the resistance
Specified goals are available for the short term
If the market falls, the yellow areas are a good place to buy
PERL/USDT (Perlin) breakout looking bullish. wait for confirmation before entry.
Use the green lines as targets (resistance zone).
This is not financial advice please DYOR and place stop below the red lines accordingly (support zones)
PERL made a good pump and got rejected but it still has high Buy volumes.
I can see that it can reach higher prices after touching a support area.
You can open long positions right after the closure of the first 4H candle above the resistance area and aim for those TPs I've shown on the chart.
Current Market Price: $0.11246
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Here we have another altcoin pair waking up today... Patience is key.
Perlin (PERLBTC) ended up in a higher low compared to January and this is good news.
Market corrections are normal...
The market moves in waves, up and down, up and down...
We have a higher low and we can confirm this based on the very strong volume coming in today.
Higher lows and can lead...
The buying force still exists at 0.05$ zone and this zone was the start point of the recent rally, so we still can trust in this zone for a next rally up to 0.1$, 0.14$ or even 0.18$ zone in this June. But if it loses this 0.05$ zone, it will fall down to 0.03$ zone
- Buy : 0.048-0.052$. SL if B
- Sell : 0.097-0.103$. SL if A
- Sell : 0.137-0.143$. SL...
As you can see, waves a and b are formed and Perlin is ready to descend to position c
But bitcoin modification up to the 42,000 range allowed Perlin to enter the C wave
And if Bitcoin grows to the range of 58, Perlin will grow to the range of 0.17
👉long target 1$
👉Average target 0.5
👉Short target 0.25
In Berlin currency many positive patterns coincided with strong support on large timeframes. I expect a nice rally after the market recovers. Targeted after God 0.134 $ 📍0.164 $ 📍0.2 $ 📍0.29 $ 📍0.4 $ 📍0.6 $ Stop loss Daily close less than $ 0.08
This is not investment advice
0.1$ is a very reliable support zone that we can take risk in this market situation. It could have a recovery up to 0.18$ in the next few days, this zone is very strong that PERL will take us a long time to conquer in order to move up to 0.22$ zone in June
-Buy: 0.097-0.103$. SL B
-Buy: 0.137-0.143$ if A. SL B
-Sell: 0.137-0.143$. SL A
PERL is a binance launchpad coin and now at the support zone. PERL is now testing the 50 MA support and also at the horizontal support zone. PERL has a very low market cap as compared to other launchpad coins and we see a good rally in PERL soon. The Perlin team is working hard on the developments and partnerships of the project and the good news is coming in next...
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
Listed as a "strong buy" on trading view and with a lot of recent attention, this small coin could add a chunk to your junk in a hurry (as this is a 4hr chart). It's not the black PERL, but I think Johnny would still be investing... if he had any money left after that terrible girlfriend (if you don't know what I'm referring to, that's great). BTW, this chart is...