AAVE/USDT 45m (Binance Fut) Descending channel breakout & retest
Aave could be forming a bull-flag here (continuation), I expect a last pullback down to 200MA before the next big move up.
Current Price= 56.971
Buy Entry= 54.837 - 51.837
Take Profit= 58.907 | 63.242 | 66.528
Stop Loss= 47.767
Risk/Reward= 1:1 | 1:1.78 | 1:2.37
Expected Profit= +10.44% | +18.57% | +24.73%
Possible Loss= -10.44%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 72h
Current Price= 56.971
Buy Entry= 54.837 - 51.837
Take Profit= 58.907 | 63.242 | 66.528
Stop Loss= 47.767
Risk/Reward= 1:1 | 1:1.78 | 1:2.37
Expected Profit= +10.44% | +18.57% | +24.73%
Possible Loss= -10.44%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 72h
Trade active
Entries filled#Aave is going as planned so far, let's wait patiently for a bounce now!
Trade closed: target reached
TP1 with +10.44% (1x)Well well well, that was so accurate I can't even believe it myself 🙈
I hope you held tight and use no leverage as I recommend, this is the way to go when high volatility is there!
Road to second target now, wait for it...
Trade closed: target reached
TP2 hit with +18.57% (1x)And there it went, nice profit! Now road to last target with SL at max entry (54.837$)
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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.