$AVAX/USDT 1h (Binance Fut) Descending channel breakout & retest

16 Des 2020

#Avalanche broke out the parallel channel and pulled back, seems to be a good time to enter.

Current Price= 3.1961
Buy Entry= 3.1904 - 3.1580
Take Profit= 3.2632 | 3.3251 | 3.4337
Stop Loss= 3.0998

Risk/Reward= 1:1.2 | 1:2.03 | 1:3.49
Expected Profit= +11.20% | +19.00% | +32.72%
Possible Loss= -9.36%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 4x
Estimated Gain-time= 120h

16 Des 2020

Trade aktif

All entries filled

#Avalanche dipped as expected, let's wait and see if it goes for targets now!

16 Des 2020

Trading ditutup: target tercapai

TP1 with +11.20% (4x) & 1.2R

Avalanche reacted exactly as planned, that's nice, road to second target now!

18 Des 2020

Trading ditutup: target tercapai

Almost TP2 with +19.00% (4x) & 2.03R

Avalanche missed target 2 by 0.0020$ but will probably go for it anyway!

18 Des 2020

Trading ditutup: target tercapai

TP3 reached with +32.72% (4x) & 3.49R

Avalanche retested the entry zone twice and went for last target. 💪🏼
If you moved SL at entry like the PC bot did, then you were out, but if you managed to re-enter manually, awesome gain!