Perpertual Protocol Fast Moving | 170%+ BU-Pot.Once they go, they go! These can be some of the altcoin pairs moving really fast and strong.
➢ Here we have Perpetual Protocol (PERPBTC) already bullish. This is already bullish because it is moving outside a major falling wedge pattern after forming a bottom.
➢ A major downtrend/correction, a bottom formation and now a bullish breakout. This can all lead to strong, fast, massive, explosive growth. Get in and get out.
Easy or fast profits? Potential goes beyond 170%
There will be more, much, much more... Taking action is key!
Thank you for reading.
Namaste.
PERPBTC trade ideas
✳️ Perpetual Protocol Falling Wedge After Fall & LowHere we have a very nice and beautiful chart, the classic falling wedge pattern. We are looking at Perpetual Protocol vs Bitcoin (PERPBTC).
In this chart the falling wedge pattern if completed will also produce a higher low, giving further strength to the bulls.
We can see volume rising, slowly but still rising above-average and this is on the first day of the week. This reveals that something strong is really coming here. This is good that we can tell. It can be profitable knowing these things before-hand.
Well, that's it.
The chart can change/market reverse and so we use a stop-loss; manual.
For this setup we are using 0.00001800 based on the weekly timeframe.
We protect ourselves in case we fall down but we are going up.
Namaste.
✳️ PERPBTC | Fast Profits? (123% Potential)One of my followers wanted something that could move fast, some fast profits!
I am against anything and everything that is related to "quick" or "fast" when it comes to money making, trading, because most of the time the truth is that we end up losing fast rather than winning.
The next reason why I try to avoid any hype nor getting into the habit of jumping into moving trends is because it can create a bad habit, it can lead to anxiety and stress, not to mention poor decision making... So, instead of fast profits we buy low, sit down, breathe deeply and wait.
But here is a pair that I believe will move soon enough... There are many of these right now, ALTSBTC, but it can suddenly change so, plan ahead.
👉 PERPBTC is moving just now, today, above MA200 and EMA50, both very important indicators with a rising RSI.
We got the signal that the ALTSBTC are bullish when DATABTC went ahead... This is a market phase that is rarely seen... Just give it some time to know what I mean.
Or, just look back to September 2023.
👉 PERPBTC grew more than 230% in less than a week.
Something similar can happen...
I hope you find this useful.
This is not financial advice.
Make sure to do your own research as there is risk involved when trading.
Wishing you luck, good health and success.
You deserve winning plus much more... You deserve the best!
Namaste.
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
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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PERPBTCObv paints a picture
Bullish divergence from that falling wedge accumulative-y looking structure with the bullish obv trend
Fits new dex narrative after exchange insolvency narrative
.618 mid term target
Perpetual Protocol (PERP) forming Cypher for upto 62% moveHi dear friends, hope you are well and welcome to the new trade setup of Perpetual Protocol (PERP).
Previously we had a nice trade setup of PERP:
Now on a daily time frame PERP is forming a bullish Cypher pattern.
Perpetual Protocol (PERP) formed bullish BAT for upto 11.5% moveHi dear friends, hope you are well and welcome to the new trade setup of Perpetual Protocol (PERP) with BTC pair.
Previously we had a nice trade of Perp:
Now on a 2-hourly chart, the price line of LTC has formed bullish BAT .
Perpetual Protocol (PERP) formed Shark for upto 11.30% moveHi dear friends, hope you are well and welcome to the new update on Perpetual Protocol (PERP).
On the 4-hourly time frame chart, the priceline of PERP has formed a bullish Shark.
PERPPERP targeting 1350. Breakout will give it power to get ~1414 resistance and higher to 1500. Pullback entries at 1200-1255 range.
A Perpetual cycle"After some pull back there is often a take off with coins that have strong fundamentals."
📰 Latest News about PERP. 📣
" OKEx Adds PERP and Three More Tokens to Further Expand its DeFi Offering "
"Perpetual Protocol emerges as sixth-largest DEX after just one month"
A bit of Technical analysis 📈 📐
Macd just crossed the signal line indicating long positions are now favorable.
RSI came back from an oversold situation and is starting to climb up again.
latest Chart pattern shows us a bounce on the mid term channel support . Moreover in a shorter time frame we see kind of an agressive double bottom on this channel support.
The risk ratio is nice with a bit less then 4% from Stop Loss.
First target is at 10 % .
Trading plan would go as follow
✅ Optimal entry +/- 2% : 1380 sats
🎯 Target 1 : 1521 sats
🎯 Target 2 : 1667 sats
🎯 Target 3 : 1840 sats
* You could Take a bit of profit at each target and buy back.*
Financial Disclaimer
High Risk Investment
Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO's, IEO's, STO's and any other form of offering will not guarantee a return on your investment.
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