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$AVA/BTC 4h (Binance Spot) Ascending channel breakout and retest

Long
BINANCE:AVABTC   AVA / Bitcoin
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
Trade closed: stop reached: SL hit with -11.41% (1x) and -1R

Travala 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!


Always manage risk accordingly and respect leverage!

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