PERLBTC
PERL - BULLISH DIVERGENCEPERL is created very bullish divergence for short term.
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Time: 1-15 day.
Fantastic 17% Scalp OpportunityThere's such a great benefit to trading coins near their all-time low. They make for incredible returns. Even this innocent scalp trade gives us a fantastic Risk-Reward and a 17% profit potential.
After seeing this support hold quite well during the stop hunt, I feel more confident that we won't see lower lows any time soon. This is a great opportunity to exploit the obvious trading areas and get a few scalp trades in. Let's test the waters with this first trade to the first level of resistance.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Perlin Bottomed Out, Same Chart (170%+)Perlin (PERLBTC) is bottomed out while ranging within its "consolidation zone" with bullish tendencies.
Once we hit bottom... The only place left to go is up... Look at AEONBTC and what happened once it hit its low (555%+ Candle...):
PERLBTC is now moving above EMA10.
Any spike can send this altcoin pair flying up with really huge strength and momentum.
Conditions for change
If the red dashed line at the bottom is taken out, prices move and close below it, we lose the bullish view and a new analysis is needed.
Thanks for reading.
Namaste.
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Previous chart
PERL - Buy when no one is buyingPERL is at all time low, sitting at previous support.
BTC will have some wild west movement, run to 7200 and consolidation or maybe a bit here and there giving alts full chance to run.
PERL will have its moment soon.
Perlin Getting Ready For Action (Short-Term Move Mapped)Here we have Perlin (PERLBTC) short-term (4H Timeframe), prices are now moving above resistance.
With a strong break of EMA10 (green) and EMA50 (magenta), PERLBTC is now looking bullish.
The RSI is really strong at 68 and going higher, while the MACD is above the zero line.
Perlin Support & Resistance
Our main support is sitting right below EMA10/50 at 0.00000190.
Below this level and prices can drop.
Above this level, PERLBTC remains strongly bullish.
Immediate resistance is being challenged right now at 0.00000209, if this level can be conquered with good strength and volume then 0.00000250 comes next.
Our main target is 310 satoshis (0.00000310), which is above EMA300 and MA200.
That would be a total of 49% of potential profits from the current price.
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Namaste.
PERL/USDT TA Update (awaiting break of pattern?)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 the support breaks to the downside, we open a short position.
Being cautious is important today as all sectors are full of fear and uncertainty.
$PERL, Potential Inverse Head & Shoulders as it Flips resistance$PERL
Potential Inverse Head & Shoulders as it Flips resistance into support at ~390sats
This trade is very dependant on what #BTC keeps doing over the next hours/days
UCTS Buy signal on the 12H (Volume needs to follow)
As target ~490sats (20%+)
#PERL
$PERL, Reclaimed ~390sats, flipped it back to support..$PERL
Reclaimed ~390sats, flipped it back to support and showing some accumulation over it..
UCTS Buy signal on the 8H & lower timeframes...
If gets traction from here, then aiming for ~500sats (20%)
#PERL
PERL H&S PatternBearish Head and Shoulders pattern.
I will start to accumulate at 300 sats and will continue to ladder my buy-ins.
Token unlock of 86 million on Feb 26...about 1/3 of current supply of 262 million. Could be a non-event, but I'm still bearish for the time being.
PERLBTC Waiting 4 BTC to Run UpClose above 389 sats is green light for me
1R risk max cuz if btc continues to correct itself, this idea probably will be invalid,
If the breakout happens I'll take profit 2 times according to PA and let the rest run.
Lets go!
PERL/BTC, possible further retrace to complete harmonicsIf it gets to my green lines, I plan to buy and the red lines would be my targets
Perlin Continues To Grow | At least 160% Left or 240%+ PossiblePerlin (PERLBTC) hit bottom on the 19-Jan. and has been growing since... Let's take a quick look at the chart signals:
Perlin (PERLBTC) Chart Signals by Alan Masters
First, we have really good volume for the past few weeks.
A new ATL was hit and prices quickly bounced and are now trading above resistance (EMA10/50).
A new uptrend has been established (higher highs + higher lows).
The MACD is bullish.
The RSI is bullish and strong.
There is still plenty of room available for growth.
On the chart above I've marked multiple targets using the Fibonacci Extension Tool.
Not all targets are meant to be hit, these numbers/lines are there for reference only, we have multiple strategies for selling the targets and it all will vary according to your own lifestyle, trading style, your capital, your goals, etc...
So remember to hit LIKE to show your support.
Here is our previous chart for Perlin (PERLBTC), now at an astonishing 108% of generated profits... With more to come:
This is Alan Masters.
Namaste.
$PERL, Crossing over ~391 sats trying to flip this level...$PERL
Crossing over ~391 sats trying to flip this level into support..
Volume is not great (decreasing.. 🤔) while UCTS Buy signals are active on the 1/2D timeframes
RSI at overbought
We may see continuation to the upside here w/ target at ~490+sats
Tight SL just in case
#PERL
Perlin Conquers EMA50, Next Target MappedPerlin (PERLBTC) is now bullish and trading above EMA50 (yellow line on the chart).
With increasing volume, the above signal is telling us that the bulls are taking control, our next target is now at EMA100 or 0.00000352 for PERLBTC, this can be hit pretty fast within days.
Both the MACD and RSI support this move.
Thanks a lot for reading.
Namaste.
$PERL, Retesting crossed level at ~390 sats...$PERL
Retesting crossed level at ~390 sats, bounce from here (R/S flip) is needed in order to aim for higher targets..
If happens, then taking an entry w/ target at ~500+sats
If you like the Buy & Sell signals in the chart, shoot me a DM for a free 10 days trial
#PERL
$PERL, Reclaiming ~270 sats level with increasing volume...$PERL
Reclaiming ~270 sats level with increasing volume...
MACD Bullish divergence, EMA50 as resistance
Growth from here looks massive with 1st target at ~350+sats
Looking for a R/S flip as entry looks prudent as we wait for a potential BTC move...
#PERL
PERLBTC/ Perlin is on my watchlistPerlin is on my watchlist for Trend Continuation Swing Trade (Hourly Chart ).
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.