$AAVE/USDT 4h (Binance Futures) Ascending triangle near breakout
Aave just regained 200MA support and looks ready for a big impulse, let's place some bids on a retest.
More information about that DAO / DeFi / BSC token, also part of Polygon & Cosmos Ecosystem on aave.com/
Current Price= 311.57
Buy Entry = 306.58 - 295.24
Take Profit= 331.72 | 364.33 | 396.27
Stop Loss= 276.17
Risk/Reward= 1:1.25 | 1:2.56 | 1:3.85
Expected Profit= +20.48% | +42.16% | +63.38%
Possible Loss= -16.44%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
More information about that DAO / DeFi / BSC token, also part of Polygon & Cosmos Ecosystem on aave.com/
Current Price= 311.57
Buy Entry = 306.58 - 295.24
Take Profit= 331.72 | 364.33 | 396.27
Stop Loss= 276.17
Risk/Reward= 1:1.25 | 1:2.56 | 1:3.85
Expected Profit= +20.48% | +42.16% | +63.38%
Possible Loss= -16.44%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade active:
First entry filled
Aave finally pulling back enough to let us in!
Aave finally pulling back enough to let us in!
Trade closed: target reached:
TP1 reached with +20.48% and +1.25R
Aave properly revisited 200MA support before taking off, bullish continuation is in play!
Triangle is clearly broken now, SL edited to 2nd entry (295.24$) in any case.
Aave properly revisited 200MA support before taking off, bullish continuation is in play!
Triangle is clearly broken now, SL edited to 2nd entry (295.24$) in any case.
Trade closed: target reached:
TP3 reached with +63.38% (2x) and +3.85R
Aave did not care about Bitcoin correction and pumped hard, all targets achieved!
Aave did not care about Bitcoin correction and pumped hard, all targets achieved!
Aave kept going up, unfortunately entry was not filled, maybe on a wick down later.