✴️ Perpetual Protocol | Full Long-Term Analysis

3. Nov. 2023

My first thought was, "no revealing signal"...
One second later I saw the really high volume in early September, "Ok, this gives it away".

While Perpetual Protocol seems, well, boring, an experienced on-looker can tell that something is bound to happen in the near future... Maybe weeks but most likely within days.

Not only the consolidating box/zone with rising volume reveals the upcoming uptrend but also the strong RSI at low prices.

➖ Always a very strong bullish signal when the RSI is strong at low prices.
➖ In a weak market we get a weak RSI.
➖ At support we get a low/weak RSI.
➖ When the RSI is strong as prices move sideways after a strong bearish wave, it helps us predict an upcoming change of trend.

👉 PERPUSDT is set to move up, soon rather than later.

Namaste.