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PERP / TetherUS

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PERPUSDT trade ideas

$PERP Tools used: 4 HOURLY CHART, checking for most recent trend pattern Lowest low: 26th March 2021 8PM (UTC +8), vertical line Highest High: 2nd April 2021 12PM (UTC +8), horizontal line, before breakdown happens until today 5th April 2021 1:30AM (UTC +8), X-Y coordinates between vertical line and horizontal line from the top, draw gann fan on a 45 angle X-Y coordinates between vertical line and horizontal line from the bottom, draw gann fan on a 45 angle Gann Fan ratio 8/1, 3/1, 2/1 identified the support and resistance of the breakout from 5th April 2021 1:30AM (UTC +8), Possible bullish price actions: As per blue highlighted bars
Long
by UnknownUnicorn16251912
$PERPWhat Makes Perpetual Protocol Special? 20x Leverage On-Chain Perpetual Contract Traders can trade with up to 20x leverage long or short, enjoy transparent fees, and 24/7 guaranteed liquidity. Go Long or Short on Any Asset Virtually any asset can be supported via a perpetual contract on Perpetual Protocol. Whether it’s gold, fiat, BTC, BCH, ETH, ERC-20s, XRP, EOS, LTC, ZEC, XMR, or something else, Perpetual Protocol can support it all. Lower Slippage than Other AMMs Traders on constant product (x*y=k) market makers like Uniswap suffer from higher slippages than traders on centralized exchanges (CEXs) because k is capped by the liquidity provided. Perpetual Protocol’s Virtual AMMs can set k algorithmically to provide lower slippage to traders. ‍ Tools used: 4 HOURLY CHART, checking for most recent trend pattern Lowest low: 26th March 2021 8PM (UTC +8), vertical line Highest High: 2nd April 2021 12PM (UTC +8), horizontal line, before breakdown happens until today 5th April 2021 1:30AM (UTC +8), X-Y coordinates between vertical line and horizontal line from the top, draw gann fan on a 45 angle X-Y coordinates between vertical line and horizontal line from the bottom, draw gann fan on a 45 angle Gann Fan ratio 8/1, 3/1, 2/1 identified the support and resistance of the breakout from 5th April 2021 1:30AM (UTC +8), Possible retracements: As per red highlighted bars. Consider the retracement as bull market does not promise consistent growth. Up next, will be bullish version :)
Short
by UnknownUnicorn16251912
PERP 1h chart Elliot waves countHi guys, as you can see PERP broke out from the paralel channel after doing a complete Elliot waves cycle. I charted the possibility of another impulse wave that is currently on wave 1 of 5. Cconsidering the rounding bottom and also the Fibonacci extension level at 2.618 I think we might see the 9 $ levels very soon. I also posted a related 2 links from last week when I was waiting exactly for this move to happen. Just an idea, not financial advice. Trade safely guys !
Long
by Robi_Nitu
Perp coin 1h chart20x Leverage On-Chain Perpetual Contract Traders can trade with up to 20x leverage long or short, enjoy transparent fees, and 24/7 guaranteed liquidity. Go Long or Short on Any Asset Virtually any asset can be supported via a perpetual contract on Perpetual Protocol. Whether it’s gold, fiat, BTC, BCH, ETH, ERC-20s, XRP, EOS, LTC, ZEC, XMR, or something else, Perpetual Protocol can support it all. Lower Slippage than Other AMMs Traders on constant product (x*y=k) market makers like Uniswap suffer from higher slippages than traders on centralized exchanges (CEXs) because k is capped by the liquidity provided. Perpetual Protocol’s Virtual AMMs can set k algorithmically to provide lower slippage to traders. great buy zone : 7.60$
Long
by Robi_Nitu
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