$AAVE/USDT 12h (Binance Futures) Ascending channel on support

Diupdate
Aave is on Trend-Line, parallel channel and 100EMA support, it seems to be ready for another leg-up!
Also we can see a break and retest so resuming the up-trend here would be likely.

Current Price= 368.024
Buy Entry= 366.786 - 352.586
Take Profit= 440.407 | 582.832 | 711.557
Stop Loss= 299.944

Risk/Reward= 1:1.35 | 1:3.74 | 1:5.89
Expected Profit= +22.44% | +62.04% | +97.83%
Possible Loss= -16.61%

Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
Trade aktif
1st entry filled

Aave bounced and is going rather well I must say, +19.45% already!
100EMA acted nicely as support, road to first target now, wait for it.

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Trade aktif
2nd entry filled and bouncing

Seems like Aave needed to hit the demand zone a last time, glad we caught that dip!

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Trading ditutup: stop tercapai
SL hit with -16.61% (1x) and -1R

Similar situation for Aave, 100EMA lost then leg down to 200MA and TL support.
That is too sad after being in such profit, but that the law of crypto volatility!

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aaveaaveusdtbinancefutureslendMoving AveragesParallel ChannelTrend Linesuptrending

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