bizmark

AAVE to $500?

Long
bizmark Updated   
BINANCE:AAVEUSDT   AAVE / TetherUS
AAVE seems to be getting ready to break up this triangle📐 and if successful I think there is chance for run to 494 and even higher.
  • ENTRY: local high @ 415.5
  • SL: local low @ 400
  • TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 494
  • RRR: 5.2
  • INVALIDATION: when SL level hit
Like👍, follow✒️, enjoy📺!
Comment:
Leaving the BUY STOP-LIMIT order in place, monitoring closely. New SL would be 397, new TP 493, RRR slightly worse, but still good.
Order cancelled:
Price dropped even lower, and I cancelled the order, as now the RRR is not good enough for me anymore.

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