✴️ Same Pattern, Same Potential | Perpetual Protocol vs Tether

We've been seeing this pattern: PERPUSDT tends to breakout when Bitcoin moves. It tends to break the opposite way.

➖ Here we can see PERPUSDT moving up, breaking bullish and so this might mean that Bitcoin is ready to produce its retrace.

Notice the same pattern on the left and right side.

👉 This pattern can be defined as an ascending triangle, a continuation pattern and thus higher prices expected.

Perpetual Protocol has been growing since November 2022.

Namaste.