$AVAX/BTC 4h (Binance Spot) Bull flag on support

Avalanche is accumulating and looking ready for bullish continuation after bouncing back on 200MA.

Current Price= 0.0017913
Buy Entry= 0.0017917 - 0.0016917
Take Profit= 0.0021484 | 0.0025481 | 0.0030662
Stop Loss= 0.0014697

Risk/Reward= 1:1.5 | 1:2.96 | 1:4.87
Expected Profit= +23.35% | +46.30% | +76.05%
Possible Loss= -23.12%

Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 4 weeks

Websites: www.avax.network/ www.avalabs.org/

Contracts:
#Mainnet
#BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
#AVAXC FvwEAhmxKfeiG8SnEvq42hc6whRyY3EFYAvebMqDNDGCgxN5Z

Komentar:

EDIT:
$WAVAX contract is
#AVAXC 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7

Trade aktif:

All entries filled

Avalanche is still ranging inside the parallel channel but not able to regain 50MA yet, let's be patient here.

Trading ditutup: target tercapai:

TP1 reached with +23.35% and +1.5R

Avalanche broke-out of the flag and pumped very nicely, SL updated to lowest entry (0.0016917₿)

Trading ditutup: target tercapai:

TP2 was reached with +46.30% and +2.96R

Avalanche kept pushing higher precisely hitting 2nd target and has now pulled back to 100EMA, twice!
Last target is in play, SL adjusted to highest entry (0.0017917₿) in any case.