$AAVE/USDT 1D (Binance Futures) Ascending channel on midline
Aave is sitting on a big demand zone and is likely to bounce here on High Time Frame (HTF).
Current Price= 341.874
Buy Entry = 336.680 - 302.480
Take Profit= 399.660 | 489.540 | 694.550
Stop Loss= 255.353
Risk/Reward= 1:1.25 | 1:2.65 | 1:5.84
Expected Profit= +25.06% | +53.18% | +117.33%
Possible Loss= -20.10%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Current Price= 341.874
Buy Entry = 336.680 - 302.480
Take Profit= 399.660 | 489.540 | 694.550
Stop Loss= 255.353
Risk/Reward= 1:1.25 | 1:2.65 | 1:5.84
Expected Profit= +25.06% | +53.18% | +117.33%
Possible Loss= -20.10%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Trade closed: target reached
TP2 reached with +53.18% (1x) and +2.65RThat old called of Aave the one reaching target 2 yesterday, the current one is about to hit target 1.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.