We could see perp push up to $3.7-$5 on this next move or get rejected around $1.9. But it has managed to hold easily above the 200ma and continues to climb even being rejected at $1.5.
Keep an eye on this one just looking at the risk/reward ratio we could see $1.50 end up being worth $20
Good luck and have fun with it
The PERP/USDT 4-hour chart indicates a range-bound market, where the price is oscillating between the support at S2 and resistance at R1. The price recently rebounded from S2, suggesting that this level is acting as a strong support zone.
The RSI is quite elevated, nearing the overbought territory at around 73. This could signal that the price might be reaching a...
PERP has formed a Bullish pattern after the breakout
🔵Entry Zone 1.54056 - 1.58932
🔴SL 1.4136
🟢TP1 1.7128
🟢TP2 1.9900
🟢TP3 2.4700
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The Perp/USDT pair is currently displaying a bullish trend. On the daily time-frame, a Triangle Pattern has been formed. I anticipate that the price will soon break out of this pattern. A bullish move of approximately 40-80% is expected in the short term.
Please note that this information is not intended as financial advice.
💎Paradisers, gear up for a thrilling trading prospect with #PERPUSDT, strategically anchored at a crucial support zone, suggesting a bullish reversal is on the cards.
💎Venturing through #PerpetualProtocol's path, following a confrontation with significant resistance in the ascending channel, it's now on an upward trajectory from a critical support level at $1.13....
PERP after the pullback will continue to go up.
🔵Entry Zone 1.54435 - 1.61229
🔴SL 1.4656
🟢TP1 1.7985
🟢TP2 2.0340
🟢TP3 2.4448
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please...
After all the diametric pattern has entered an ascending pattern.
An ascending pattern is an ABC or a more complex pattern. Now it seems that wave B is over and it has entered a bullish wave C.
By maintaining the green range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate the analysis
For risk management,...
1D time frame
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PERP made a rounding bottom and corrects so far. PERP hasn't made any obvious structure with current correction (2nd wave), but there is a critical support zone at 1.07~1.27, which provide good opportunity to set up entry for next potential pump (3rd wave).
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TP: 2.69 / 3.95
SL: 0.985
PERP is now very bullish because the price went outside of the consolidation structure made by whales. We can clearly see that the bullish base is broken by bulls, and we are definitely ready to go much higher. The first resistance is 3.61, and the second resistance is 26.2. Bullish volume is huge, so it is always nice to see. Coins are currently crashing while...
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Description
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+ PERP is consolidating the in the range for a very long time as shown in the image
+ We are waiting for the price to breakout from that range to enter a long trade
+ once price breaks upwards, its good opportunity for the...
💎Paradisers, keep an eye on #PERPUSDT, as it’s showing signs of a significant move from a crucial demand level.
💎#PerpetualProtocol is on an upward trend, suggesting a possible bullish breakout from its current demand zone. We expect a retest of the demand level at $1.07, given the strong supply zone ahead. If #PERP stays above this level, it may start a journey...
While I've Done Very Well with Longing Perp and have Longer Term Price Targets Above $20 I see a Correction on the Daily coming For Sure.
We have a Huge Head and Shoulders Forming With THE MACD Calling a Sell Signal During the Formation of the Right Shoulder, These are big warning Sign
Don't Let Volume Fool You This is Typical To Head and Shoulders as Sellers are...
💎 PERP has recently been in the spotlight in the market. Currently positioned at a critical support level, which previously served as resistance, there is potential for PERP to rebound from this point, with probability aiming for an upward trajectory toward the bearish OB target area.
💎 However, if PERP is unable to maintain its position above this support level...
1D time frame
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PERP is creating a rounding bottom, which usually has good performance in further trend. After breaking out neckline zone around 1.3, PERP reached 2.2 then started pullback. Support of neckline is doing well so far, so this is an opportunity to set up a trading plan.
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TP: 2.22 / 3.6
SL: 1.0598
