PERPUSDT trade ideas
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 !
Perp coin 1h chart20x Leverage On-Chain Perpetual Contract
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great buy zone : 7.60$
Prime time to pick up!Uniswap Chart Here
i.imgur.com
PERP just finished retracing and just touched the VWAP on Uniswap. If you haven't yet bought it on Binance, I suggest you get at least one buy in. It's not worth a YOLO just yet, but definitely get your foot in the door.
The higher Uniswap price also tells me that the whales are in a long position. If it were lower they would have arbitraged it out to equalize the difference.
