PERP/USDT Lying on the support, Bounce or break down ??💎 PERP has recently been in the spotlight in the market. Currently positioned at a critical support level, which previously served as resistance, there is potential for PERP to rebound from this point, with probability aiming for an upward trajectory toward the bearish OB target area.
💎 However, if PERP is unable to maintain its position above this support level and breaks below it, it would be a concerning indicator. Such a scenario would likely initiate a downward trend, with PERP's next critical stop being the demand area around $0.75. This area also coincides with a bullish support zone for PERP.
💎 The demand zone is pivotal for PERP's recovery trajectory. A successful bounce and reclaiming of prices above the support level from this zone are essential for reversing the bearish trend. If PERP fails to achieve this and breaks below the demand zone, it will likely confirm a bearish trend, suggesting a possible continuation of the downward movement, potentially even falling below the current demand area.
PERPUSDT trade ideas
PERP : LONG SIGNAL : GO, GO, GO! Insert lengthy story about head and shoulders mixed with as many vague but intelligent - sounding words in rapid succession, being sure not to actually let slip and let the reader feel like they grasp the garbage that flows freely from your keyboard.
Just like it does from those you learnt this word-waltz from, and those before them, and so on.
Your mother must be proud that you're following in such a noble profession. (she's given up on trying to understand what head and shoulders are, but she has a pretty good idea that your version doesn't exist. She was also young once. )
I agree with your mother.
Enter: now
PERP target 2.221D time frame
-
PERP is creating a rounding bottom, which usually has good performance in further trend. After breaking out neckline zone around 1.3, PERP reached 2.2 then started pullback. Support of neckline is doing well so far, so this is an opportunity to set up a trading plan.
-
TP: 2.22 / 3.6
SL: 1.0598
Perp ready for more upsiteHello astronauts,
PERP had a bit of fun over the last few days, here is the FINAL START for buyers with a very good risk ratio. There is still a minimal possibility that the price can fall below 1.0 and that things will continue to decline. However, the entire crypto market is currently rather bullish, so the way up for PERP should be clear. Goals are shown on the graphic.
I always trade 4 positions and let each one expire at the TP. My leverage is only X2, which is completely sufficient given this potential.
I'm trying to share all of my next trades for PERP here and wish you good luck with your project Good luck
signal in low time-frame(PERP)📊Analysis by AhmadArz:
money management because high risk.
🔍Entry: 1.187
🛑Stop Loss: 1.726
🎯Take Profit: 1.906 -1.996
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
PERP ANALYSIS🔮#PERP Analysis : Pattern Formation 💰💰
📈📈 #PERP is making perfect Double Bottom Pattern and also there is a breakout of neckline. We can see a good pump in #PERP. If #PERP sustains this breakout then we will see a bullish move🚀🚀
📊 Current Price: $1.545
⏳ Target Price: $3.121
⁉️ What to do?
- We can trade according to the chart and make some profits in #PERP. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#PERP #Cryptocurrency #Pump #DYOR #Breakout
PERPUSDT(Perpetual Protocol) Daily Range Updated till 02-01-24PERPUSDT(Perpetual Protocol) Daily timeframe range. retracing back from its price discovery range. it got massive level gaps cause of its old range till this point. long time 1.46898 holding out. clearing it will give it a chance for further ahead.
PERP LONG ENTRY : BUY SIGNAL : GONNA BE EPIC!So, after tracking the PERP retracement all day, the fun's about to start.
Anyone that misses this will regret it..
I missed the long entry by $0.03 something
Will try to do better this time round.. ))
Time to go long..
Enter at current level ~$1.1520 with no more than 50% of your intended trade size.
Will let you know when to scale it up..
PERP:USDT BREAKOUT : LONG POSITION SIGNALAs the title suggests, this is a fast-moving breakout, best get yer head straight. I expect it to come down to around ~$1.05 before heading back up at pace.
Any entry from the $1.10 area will be decent, however, so set your long entry around there.
It'll be quick, so don't dilly-dally.
Mock Up Price Action for PERP | Mid Term (12HR)Mock Up Price Action for BINANCE:PERPUSDT | Mid Term (12HR)
- Watching and waiting for opportunity to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
#PERP/USDT#PERP
Price has been trading in a bearish year since July 2023
The price moves in the direction of breaking the downtrend.
At the first goal of 1.000
Second goal 1.3100
Expects correction after the first goal
This bullish is supported by oversold on MACD
It is also supported by a fraction of Moving Average 100 upwards