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
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.
----
Previous chart
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