$AVAX/USD 2D (#FTX) Ascending triangle breakout and retest
Avalanche is retracing down towards demand zone where we expect a big bounce back, let's place opportunist bids above 200MA Daily!
www.avax.network/ www.avalabs.org/
Risk/Reward= 1:1.5 | 1:3.05 | 1:5.59
Expected Profit= +44.60% | +90.94% | +166.58%
Possible Loss= -29.82%
Fib. Retracement= 0.559 | 0.883 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 5 months
Contracts:
#Mainnet
#BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
#AVAXC 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7
⚡️⚡️ #AVAX/USD ⚡️⚡️
Exchanges: BitMEX, Binance Coin-Futures
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Current Price:
84.180
Entry Zone:
75.220 - 63.800
Take-Profit Targets:
1) 100.510
2) 132.720
3) 185.300
Stop Targets:
1) 48.780
www.avax.network/ www.avalabs.org/
Risk/Reward= 1:1.5 | 1:3.05 | 1:5.59
Expected Profit= +44.60% | +90.94% | +166.58%
Possible Loss= -29.82%
Fib. Retracement= 0.559 | 0.883 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 5 months
Contracts:
#Mainnet
#BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
#AVAXC 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7
⚡️⚡️ #AVAX/USD ⚡️⚡️
Exchanges: BitMEX, Binance Coin-Futures
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Current Price:
84.180
Entry Zone:
75.220 - 63.800
Take-Profit Targets:
1) 100.510
2) 132.720
3) 185.300
Stop Targets:
1) 48.780
Сделка активна:
All entries filled
Avalanche dipped more than expected but SL held and now trying to regain 200MA, let's stick to the plan!
Avalanche dipped more than expected but SL held and now trying to regain 200MA, let's stick to the plan!
Сделка закрыта: достигнута тейк-профит цена:
New TP1 reached with +27.72% (1x) and +0.93R
Avalanche is facing 200MA resistance and could reverse big time if martket got rejected again.
Let's adjust targets more realistically and edit SL under lowest entry (63.798) to secur the trade!
Avalanche is facing 200MA resistance and could reverse big time if martket got rejected again.
Let's adjust targets more realistically and edit SL under lowest entry (63.798) to secur the trade!
Комментарий:
Back to TP1
Avalanche was rejected on resistance as mentioned and legged down -20% then bounced back somehow.
Now facing same supply zone, regaining 100$ would be bullish, until then better secure some more profit!
Avalanche was rejected on resistance as mentioned and legged down -20% then bounced back somehow.
Now facing same supply zone, regaining 100$ would be bullish, until then better secure some more profit!
Сделка закрыта вручную:
Remaining position was closed with -8.22% (1x) and -0.28R
Avalanche got rejected by supply zone each time it attempted to break above it.
This does not look bullish so we'll stay out until it clearly reclaims key levels, 100EMA to start with!
Avalanche got rejected by supply zone each time it attempted to break above it.
This does not look bullish so we'll stay out until it clearly reclaims key levels, 100EMA to start with!
Avalanche did a V-shaped recovery and is heading toward first target, glad we caught that one!