📈 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! 📊🤞
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PERPUSDT trade ideas
$PERP follow Badger The two currencies will find an analysis for them in the last week
And do not forget that most of the currencies that I publish are for speculation and cash collection in August.. As for investment, you will find me talking about stronger projects that will be launched after September
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.
PERL ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to SHORT/LONG the PERL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PERP will shock and amaze this run guysWell guys and gals... I am here to PERP you up!... Wait that didn't sound right... How about lets just say this Perp is fixing to Pump!... Wait, Hold on... well you get the idea... sigh... Almost a year of Long tight accumulation after a massive bullish harmonic... Lets do the math together!
PerpusdGodlvl buy opp down here
Bullish obv trend
Massive buy volume coming in
Down horrendously
Upcoming cycle narrative is clearly dexs and decentralised protocols
Perp is onchain leverage on eth
Should run from these prices quite stronly when the market turns and it appears to have printed an adam and eve double bottom with a break of bearish trend, pumpit?