PERP/BTC - Perpetual Protocol: Resistance_Breakout_Confirmation◳◱ An impressive Resistance Breakout and Confirmation has been detected on the $PERP / CRYPTOCAP:BTC chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.00001697 | 0.00001749 | 0.00001857, while substantial support zones are identifiable at 0.00001589 | 0.00001533 | 0.00001425. It is highly recommended to seize this opportunity by entering a trade within the present price range of 0.00001771 and setting sights on higher levels of profitability.
◰◲ General info :
▣ Name: Perpetual Protocol
▣ Rank: 421
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Financial - Derivatives
▣ Overview: Perpetual protocol is a decentralized protocol to trade perpetual contracts for every asset powered by a Virtual Automated Market Maker (vAMM). The project aims to create novel financial instruments by democratizing Futures and other crypto-asset derivatives.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001771 ₿
▣ 24HVol: 2.649 ₿
▣ 24H Chng: 2.134%
▣ 7-Days Chng: 5.89%
▣ 1-Month Chng: 0.25%
▣ 3-Months Chng: -11.62%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001697 | 0.00001749 | 0.00001857
◢ Support: 0.00001589 | 0.00001533 | 0.00001425
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.55
▣ Last 90D: -0.98
▣ Last 1-Y: -0.20
▣ Last 3-Y: 0.50
◲◰ Volatility :
▣ Last 30D: 0.50
▣ Last 90D: 0.77
▣ Last 1-Y: 1.10
▣ Last 3-Y: 1.47
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.56 - Bullish
▣ Reddit sentiment score is 0.39 - Bearish
▣ In-depth PERPBTC technical analysis on Tradingview TA page
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