$AVA/BTC 4h (Binance Spot) Ascending channel breakout and retest
Updated
Travala is looking ready for bullish continuation, let's enter here!
Current Price= 0.0000610
Buy Entry= 0.0000605 - 0.0000587
Take Profit= 0.0000698 | 0.0000768 | 0.0000844
Stop Loss= 0.0000528
Risk/Reward= 1:1.5 | 1:2.53 | 1:3.65
Expected Profit= +17.11% | +28.86% | +41.61%
Possible Loss= -11.41%
Fib. Retracement= 0.786 | 1.272 | 1.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Current Price= 0.0000610
Buy Entry= 0.0000605 - 0.0000587
Take Profit= 0.0000698 | 0.0000768 | 0.0000844
Stop Loss= 0.0000528
Risk/Reward= 1:1.5 | 1:2.53 | 1:3.65
Expected Profit= +17.11% | +28.86% | +41.61%
Possible Loss= -11.41%
Fib. Retracement= 0.786 | 1.272 | 1.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade closed: stop reached
SL hit with -11.41% (1x) and -1RTravala did not manage to stay above channel and went down for midline retest.
Too bad, we'll try again if it breaks out upwards another day!
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