Perpetual Protocol (PERP) formed Cypher for upto 13.5% move

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Hi dear patrons, hope you are well and welcome to the new trade setup of Perpetual Protocol (PERP).

Previously we had a nice trade of Protocol (PERP):
Perpetual Protocol (PERP) with USD formed Shark for upto 12.50%


Now on a 4-hourly time frame chart, the Perp has formed a bullish Cypher pattern.
istantanea

Buying and sell targets:
Buy between: $16.16 to $15.64

Sell between: $16.94 to $17.77

Stop loss:
The maximum extent of the buying zone to $15.64 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 13.5%, and the loss possibility is 3.5 %.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Trade chiuso: obiettivo raggiunto
CypherFibonacciperpperpetual

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