Perlin Getting Ready For Action (Short-Term Move Mapped)

30 Mar 2020

Here we have Perlin (PERLBTC) short-term (4H Timeframe), prices are now moving above resistance.

With a strong break of EMA10 (green) and EMA50 (magenta), PERLBTC is now looking bullish.
The RSI is really strong at 68 and going higher, while the MACD is above the zero line.


Perlin Support & Resistance

Our main support is sitting right below EMA10/50 at 0.00000190.

• Below this level and prices can drop.
  
• Above this level, PERLBTC remains strongly bullish.
  

Immediate resistance is being challenged right now at 0.00000209, if this level can be conquered with good strength and volume then 0.00000250 comes next.

Our main target is 310 satoshis (0.00000310), which is above EMA300 and MA200.
That would be a total of 49% of potential profits from the current price.

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