The Perp/USDT pair is currently displaying a triangle pattern in its price movement. In my analysis, I believe that the price is likely to break out of this triangle pattern soon. If this breakout is successful, we could see a bullish move of 50-100%.
Please note that this analysis is based on my personal opinion and is not financial advice. DYOR (Do Your Own...
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.
PERP/USDT symmetrical triangle pattern breakout has already been confirmed, and a retesting process is currently underway. In case of a successful retest, I am expecting a big bullish rally in the coming days. 📈
This is not financial advice. Please do your own research before making any decision.
Happy trading! 💰🔥
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
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
PERPUSDT technical Analysis Update
PERP has been ranging for the last 580 days. We can expect a big move soon.
You can buy at current price
Stop Loss: $1.00
Regards
Hexa
⬆️Buy @ CMP - 15.5
✅TP1 @ 19
✅TP2 @ 24
✅TP3 @ 29
✅TP4 @ 34
⭕️SL @ 13 ( D Close)
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