$AVAX/USDT 2h (Binance Futures) Triangle breakout and pullback

17 set 2021

Avalanche is up-trending and does not seem to be stoping at all, let's join here!

Current Price= 61.435
Buy Entry = 61.223 - 57.557
Take Profit= 70.384 | 78.105 | 87.620
Stop Loss= 50.194

Risk/Reward= 1:1.2 | 1:2.04 | 1:3.07
Expected Profit= +18.51% | +31.51% | +47.53%
Possible Loss= -15.48%

Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 10 days

17 set 2021

Trade attivo

First entry filled

Avalanche bounced as expected with up to +10.86% already, what a timing!

20 set 2021

Trade chiuso: obiettivo raggiunto

TP1 reached with +18.51% (1x) and +1.2R

Avalanche pushed up and made a new ATH before retracing to demand zone!
SL edited to lowest entry (57.557$) as usual to secure profit and let it run.

23 set 2021

Trade chiuso: obiettivo raggiunto

TP2 reached with +31.51% (1x) and +2.04R

Avalanche bounced on 200MA support then regained 50MA, nice profit if you stuck to original set-up!
Unfortunately, we got kicked out by the PC bot the other day, we would update SL to 61.223$ now in any case.

8 nov 2021

Trade chiuso: obiettivo raggiunto

TP3 was reached with +47.53% (1x) and +3.07R

Avalanche long set-up went for final target in the end, we were not longing it anymore though.
If you held manually then taking some more profit here would make sense. If not just wait for a new opportunity!