SuhaibM

PERLUSDT analysis

Short
Buy 2 and green robo signal say we can buy. However, there is a bear signal, so we must be careful. Here is my analysis:

1. We can buy when risk/reward ratio is less than 2, we should not buy
2. We can buy at support = 0.024usdt or at the uptrend line
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.08usdt

We can use sell 2 or red robo signal for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.

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