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PERPUSDT trade ideas

$perp near to range breakoutWhat is range trading? Range trading is an active investing strategy that identifies a range at which the investor buys and sells at over a short period. For example, a stock is trading at $35 and you believe it is going to rise to $40, then trade in a range between $35 and $40 over the next several weeks. You might attempt to range trade it by purchasing the stock at $35, then selling if it rises to $40. You’d repeat this process until you think the stock will no longer trade in this range.
Long
by Crypto-Adda_Official
2
✴️ Perpetual Protocol Can Grow Beyond 2.8 Reach 3.7 |High VolumePerpetual Protocol bottomed November 2022, today's massive action (over 70% growth in a single day) confirms a long-term higher low. The bottom happened 9-November 2022 and the higher low now confirmed 17-August 2023. We need to look at this in conjunction with the entire Altcoins market. I know it is still early and things will really pick up late this month and after the 15th but, if it is going to happen anyway there is no loss in pointing it out. PERPUSDT is showing really high volume today, earlier we looked at "the volume signal" using the Polygon chart. Additional charts are always shared in the 'Related ideas' below and you should take the time to read these if you are into this for learning, if you are looking for strong confirmation of the bullish bias or to negate a bearish doubt then read the same. If you read all the trade ideas I am publishing you won't need to read anything else and you will see 100% clear what I see, as I use many signals to support my point of view. Let's call it evidence based technical analysis . Sorry for rambling I was having some fun. Looking at how the rest of the market is doing helps to predict how far up this and other pairs can go. Potentially because things can always change. I fail victim of repeating the same thing over and over but I am sorry, I like to keep it simple as simple is always best. A long-term higher low confirms the bullish bias/potential and opens the door for a higher high on the way up. A lower low can still end up in a higher high on the next jump but the higher low is obviously stronger. Perpetual Protocol (PERPUSDT) can go and hit 1.90, 2.84 or even 3.78... Here we have multiple choices because of the mixture of Fibs, past history and the market action as a whole we use to compare. In short, it is going bullish and it will go higher than anything you are prepared for or can expect. Just as we hit new lows on the way down, new highs can be hit on the way up. Just as it can crash for months and months while we were ready for only a few weeks, it can jump up many Xs rather than just a little bit. My job is to give you a great entry, your job is to maximize potential profits. Namaste.
Long
by MasterAnanda
📈 PERP/USDT Descending Triangle Breakout 🚀Hey traders! 👋 PERP/USDT just made an exciting move that caught our attention. 🚀📉 Chart Analysis: We've been tracking PERP/USDT for a while, and it's been forming a descending triangle pattern. This pattern typically signals a potential breakout on the horizon. 📉📈 Today, we witnessed the anticipated breakout to the upside! 🚀🚀 This bullish move is certainly exciting news for PERP traders. Key Points: 🔹 PERP/USDT broke above the upper trendline of the descending triangle. 🔹 Volume surged during the breakout, confirming the move's strength. 🔹 The next resistance levels to watch are at $12 and $14. Trading Strategy: While this breakout is promising, it's essential to exercise caution. Always have a clear risk management strategy in place. Consider setting stop-loss orders to protect your positions and locking in profits as the price continues to rise. 🛡️💰 Remember, trading involves risks, so trade responsibly and only with what you can afford to lose. 🚨 Keep an eye on PERP/USDT as it continues its journey. The crypto market is full of surprises, and this breakout could lead to exciting opportunities. 🌟 Happy trading, and may the charts be in your favor! 📊🤞 #PERP #USDT #CryptoTrading #TechnicalAnalysis #Breakout #DescendingTriangle #CryptoMarket #TradingView #CryptoAlert
Long
by STP_MrNodeItAll
2
PERP IDEA - Lets make moneyThis is a better trade to take right now than following bitcoin's expansion ( counting on the scenario we are in an echo bubble ). Green box is the first clusterfk we have to go through then we're off to the red one. That's a +40% play right there brothers. MINIMUM. I expect a small pullback to get rid of late Bitcoin onboarders (late longers) which will reflect on the PERP price, so you may be able to get it for somewhat lower price but I wouldn't be bothered by that. Its a small % considering the upside. (not gonna lie I'm pretty hyped rn) If we get baited on this one we charge it to the game. Also, get you a bag of this altcoin it's a DYDX and GMX competitor in the DEX land. It's going to pay off it the long run.
Long
by dakaUSD