Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Perpetual Protocol (PERP) forming Cypher for upto 62% move
PERP / Bitcoin
Long
Perpetual Protocol (PERP) forming Cypher for upto 62% move
By moon333
Follow
Follow
Sep 3, 2021
0
Sep 3, 2021
Hi dear patrons, 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.
Buy and sell targets:
Buy between: 0.0003366 to 0.0002900 btc
Sell between: 0.0004019 to 0.0004710 btc
Stop loss:
Maximum extent of the buying zone to 0.0002900 btc can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 62% and a loss possibility is 14%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Cypher
Fibonacci
perp
perpetual
moon333
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.