Perlin (PERLBTC) hit bottom on the 19-Jan. and has been growing since... Let's take a quick look at the chart signals:
Perlin (PERLBTC) Chart Signals by Alan Masters
First, we have really good volume for the past few weeks.
A new ATL was hit and prices quickly bounced and are now trading above resistance (EMA10/50).
A new uptrend has been established (higher highs + higher lows).
The MACD is bullish.
The RSI is bullish and strong.
There is still plenty of room available for growth.
On the chart above I've marked multiple targets using the Fibonacci Extension Tool.
Not all targets are meant to be hit, these numbers/lines are there for reference only, we have multiple strategies for selling the targets and it all will vary according to your own lifestyle, trading style, your capital, your goals, etc...
So remember to hit LIKE to show your support.
Here is our previous chart for Perlin (PERLBTC), now at an astonishing 108% of generated profits... With more to come:
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