$AVAX/USDT 4h (#BinanceFutures) Rising wedge breakdown & retest
Avalanche lost 100EMA support and is pulling back to it, probably before retracing down again.
Current Price= 79.44
Sell Entry= 79.54 - 82.21
Take Profit= 71.56 | 66.50 | 59.72
Stop Loss= 88.07
Risk/Reward= 1:1.29 | 1:2 | 1:2.94
Expected Profit= +23.02% | +35.54% | +52.30%
Possible Loss= -17.80%
Fib. Retracement= 0.618 | 0.883 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Tags: #AVAX #AVAXUSDT #AvaxNetwork #AvaLabs #PoS #SC #DApp #DeFi #BSC #Gaming $WAVAX
Websites: avax.network avalabs.org
Contracts:
#Mainnet
#BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
#AVAXC 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7
Current Price= 79.44
Sell Entry= 79.54 - 82.21
Take Profit= 71.56 | 66.50 | 59.72
Stop Loss= 88.07
Risk/Reward= 1:1.29 | 1:2 | 1:2.94
Expected Profit= +23.02% | +35.54% | +52.30%
Possible Loss= -17.80%
Fib. Retracement= 0.618 | 0.883 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Tags: #AVAX #AVAXUSDT #AvaxNetwork #AvaLabs #PoS #SC #DApp #DeFi #BSC #Gaming $WAVAX
Websites: avax.network avalabs.org
Contracts:
#Mainnet
#BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
#AVAXC 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7
Giao dịch đang hoạt động:
All entries filled
Avalanche is retesting the wedge resistance as planned so far, let's see if it gets rejected.
Avalanche is retesting the wedge resistance as planned so far, let's see if it gets rejected.
Đóng lệnh: đạt mục tiêu:
TP1 was reached with +23.02% (2x) and +1.29R
Avalanche got rejected and went down according to the plan, quite an accuracy!
Now bouncing back but lower targets remain valid, SL adjusted to highest entry (82.21$)
Avalanche got rejected and went down according to the plan, quite an accuracy!
Now bouncing back but lower targets remain valid, SL adjusted to highest entry (82.21$)
Đóng lệnh: đạt mục tiêu:
TP2 reached with +35.54% (2x) and +2R
Avalanche went back up retesting supply zone then resumed the retracement down.
Last target is in play, SL edited to lowest entry (79.54) to secure that trade anyway.
This shows quite well how predictable market can be, as long as you've got the right bias of course!
Avalanche went back up retesting supply zone then resumed the retracement down.
Last target is in play, SL edited to lowest entry (79.54) to secure that trade anyway.
This shows quite well how predictable market can be, as long as you've got the right bias of course!
Giao dịch được đóng thủ công:
Remaining position closed with +3.28% (2x) and +0.18R
Avalanche bounced back and regained both 100EMA & 200MA, we are out for now!
If you used short targets to buy then don't forget to TP here since RSI is entering overbought territory.
Avalanche bounced back and regained both 100EMA & 200MA, we are out for now!
If you used short targets to buy then don't forget to TP here since RSI is entering overbought territory.
