PREPUSDT Forming Falling WedgePREPUSDT is setting up for a promising move as it forms a textbook falling wedge pattern, a strong indicator that a bullish breakout could be imminent. Falling wedge patterns are known for signaling a shift in momentum from bearish to bullish, giving traders a clear opportunity to position themselve
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Perpetual Protocol Not Dead Yet (TAC-S7)Doesn't look good. If you follow, you know that I mention the mid-March low and the 3-Feb. low. A bullish reversal signal we've been tracking moves around these levels. When a pair recovers above one of these, or both, after the 7-April crash we take it as bullish.
PERPUSDT looks bad because it is
Long position PERP/USDT.PEntry: 0.24
TP: 0.284
SL: 0.218
R/R: 1:2
Reasons for executing long position:
• Hourly Uptrend & Bullish Market Structure
• Potentially Macd crossover
• RSI Oversold indicating reversal
• 1HR Demand Zone
• Price is located at Discount zone
• Fib OTE
Note: Win is not guaranteed, however, with these
PERPUSDT Trend AnalysisIf you want to add an stoploss simply buy above 0.3 and Sell below 0.3
Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can go long or short with up to 10X leverage on a growing number of assets like BTC, ETH, DOT, SNX, YFI and others. Trading is non-cu
Perpetual Protocol Goes Bullish (85% - 310% Potential)You know, it has been moving for a while but it is still possible to enter. While for us this is not super early, because we tend to enter much sooner (see the PERPBTC post in the 'Related publications' below), conventional traders actually wait for a break of resistance before entering a trade, mea
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.