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

8 dic 2021

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: avax.network/ avalabs.org/

Contracts:
#Mainnet
#BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
#AVAXC FvwEAhmxKfeiG8SnEvq42hc6whRyY3EFYAvebMqDNDGCgxN5Z

8 dic 2021

Nota

EDIT:
$WAVAX contract is
#AVAXC 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7

16 dic 2021

Trade attivo

All entries filled

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

16 dic 2021

Trade chiuso: obiettivo raggiunto

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₿)

4 gen 2022

Trade chiuso: obiettivo raggiunto

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.