PERL bullish signsPERLIN has been forming a nice pattern since the beginning of 2020. Why I believe we could see some nice bullish continuation?
- Higher highs, higher lows
- RSI getting close to above 70 (look at what happened last time ; red arrows)
- Volume is strong and increasing
We could see a struggle from the golden pocket. If not, I expect a conservative target between: $0.09 & $0.14
PERLUSDT
PERL /BTC Analysing *Binance launchpad coins already rose over 20x after they were launched
But PERL looks like a sleeping giant and total supply is only 436 millions.
*Considering being listed on new exchanches, ts price will fly to the moon.
Many cheap coins like BTT, HOT or DENT already pumped after Tesla investing in Bitcoin but PERL still sleeping
Targets are
167 sats,257 sats and 355 sats and then ATH .
Good luck for long investments .
LONG PERLBTC🟢 LONG
🪙 Coin: PERLBTC
⏲ Leverage: 4x to 20x (As you wish)
📥 Enter: 153 - 159
🎯 Target: 163 - 167 - 180 - 210
⚠️ Stop Loss: 135
Good Luck 🎲
PERL / LONGPERL broke out as expected and now is going for Higher Highs.
Please DON'T consider this as a financial advice.
Trade Safe.
Perlin (Perl) Trading Setup & MomentumPerlinX is a decentralized finance interface platform, allowing users to trade assets of any kind with each other through incentivized liquidity mining and synthetic asset generation.
PerlinX utilizes incentivized liquidity provision through the use of liquidity pools powered by the Balancer protocol. Participants can stake their PERL tokens to provide liquidity and be rewarded for doing so. Rewards for liquidity provision will initially be distributed in PERL, BAL and UMA tokens.
PerlinX also leverages the UMA protocol to generate synthetic assets. Each asset will have its own price feed, which is powered by UMA's Data Verification Mechanism (DVM), a decentralized oracle that's designed to solve the problem of centralized and corruptible oracle price feeds. All synthetic assets on PerlinX will have the prefix px (eg. pxGold, pxCarbon, etc). Every synthetic asset created using the PerlinX platform will require PERL as collateral.
Perlin's mission is to bridge legacy financial systems and products to DeFi and democratizing market access for all. Perlin is focused on helping to create more efficient, equitable, and open marketplaces and economies that can benefit everyone everywhere. As the first ever project in the world to enable synth asset minting based on UMA Protocol – we’re now one step closer in the grand vision.
PERL can be used as both a liquidity and collateral asset. You can stake PERL to provide liquidity to the PerlinX platform and receive incentives in PERL and BAL rewards for doing so (UMA rewards coming soon too!). Or you can use PERL as collateral to create synthetic PxAssets.
Trading reasons:
I really do like the concept of Perlin as DEFI and I do believe this project can go to the upside is currently the momentum , breakout pattern happening right now and the fact that is a low market cap project with huge potential. Entries and exit points or levels to watch are on chart.
For details comment at any time!
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PERLUSDT analysisI am very bullish on this one. If you bought with the buy4 signal, congrats, you are up 20% already. You can sell as the candle stick has hit resistance @ 0.35usdt. If the candle stick open and closes above the resistance, we can hold it. Based on the Fibnacci sequence, there may be a reversal at 0.4 usdt. Let's wait and watch to see what happens!
Do you agree? Let me know what you think?
✳️Perlin/USDT Analysis (19/1) #PERL $PERLPERL has conquered the resistance zone $0.03-0.032, which has suppressed PERL's rally from September 2020 until now.
This can give PERL a boost to $0.055 and even $0.075 zone in early February.
However, there is still a possibility of PERL falling to $0.025 zone, so we should not buy too much PERL at this time.
📅NEWS
👉Jan 31 : V3 Release
📈BUY
-Buy: 0.030-0.032$
-Buy: 0.025-0.027$. SL if B
📉SELL
-Sell: 0.052-0.055$. SL if A
-Sell: 0.075-0.078$. SL if A
♻️BACK-UP
-Sell: 0.025-0.027$ if B. SL if A
-Buy: 0.015-0.016$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
✳️Perlin/USDT (4-10) #PERL $PERL #PERLUSDTPERL has gradually curbed selling and is about to see a rally from 0.02$
The highest selling zone we can expect in October is $ 0.04
PERL: Huge Profit Potential Trade Hello Traders,
Perl coin performed great in last altseason
it found great demand at lower side and shown nice bounce frm lower levels
HOLD THIS GEM STRONG
PERLUSDT
Entry: 0.023-0.024
Target 1: 0.03700
Target 2 :0.05800
Target 3: 0.08400
perlusdtinverted head and shoulder pattern formation ....pull back is about to done ...add it for the long term ....
PERL / USDT Bullish sign As you can see perl stay to day up the all ema from 5 to 100 it's clear. the next resistance as you can see in the chart, because the first resist already tested with strong volume and next gonna break
#PERLUSDT Trading plan!Hi friends!
The coin has accumulated good energy for growth!
I plan to buy above the resistance level of 0.024$
Target №1: 0,027$
Target №2: 0.037$
Target №: 0.047$
Target №: 0.059$
4h retest again for perl !perl is in range zone , you can use this situation to get some money , sl as you wish for me its below 101 . if market goes down you can add more in lower price
✳️Perlin/USDT (28/10) #PERL $PERL #PERLUSDTPERL has broken the lower edge of the Descending Triangle pattern and the target is to be around $0.01.
However, the $0.015 zone is still the zone we should buy as it could also be a reversal zone.
This pattern will be broken if the PERL rebounds and closes a 1D candle above $0.0225.
📈BUY- LONG Strategy
- Consider buying at $0.015, stop loss if the 1D candle closes below this zone.
- Buy at the $0.01 zone, stop loss if the 1D candle closes below this zone.
📉SELL-SHORT Strategy
- Sell in the 0.019-0.02$, stop loss if the 1D candle closes above this zone.
♻️BACK-UP Plan
- Buy if the 1D candle closes above $0.0225
- Sell at $0.03, stop loss if the 1D candle closes above this zone.
- Sell at $0.04, stop loss if the 1D candle closes above this zone.
PERL/BTC (Potential Bearish Pattern?)💎Technical Analysis Summary💎
BINANCE: PERLBTC
-Perlin broke its key level of support at 180s sat area
-Currently, the price is consolidation in a potential Bear flag
-Technically, this is not a good sign in terms of Bullish price action
-A break of support at 156s sat will lead to a downward movement to 130s sat
-Please be cautious, there is no sign of strength yet on Perlin
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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PERLUSDT AnalysisI am currently bullish about PERL while EngineeringRobo remains bearish. If you are holding PERL at the moment, it's advisable to hold and aim to sell at the 0.03 resistance level.
If you are looking to buy:
- Wait for EngineeringRobo buy signals
- Buy at the 0.017 support level
If you buy with EngineeringRobo buy signals, pay close attention for those EngineeringRobo sell signals!
If you're looking to use EngineeringRobo, DM me!
PERL/BTC (Testing Previous Resistance)BINANCE: PERLBTC
-Perlin is now trading at previous resistance zone around 260 sat range
-This level is also a confluence of previous support from Dec 2019 trading
-If Bitcoin started to consolidate and do not drop any more
-PERL may have the chance to bounce up to 400-440 sat level
-This is not financial advice, please use proper risk management
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