TradingOn

$AAVE/USDT 4h (Binance Futures) Bullish pennant near breakout

Long
TradingOn Updated   
BINANCE:AAVEUSDT.P   AAVE / TetherUS PERPETUAL CONTRACT
Aave is looking good again for up-trend continuation, not broken out yet but I guess it's coming.

Current Price= 464.764
Buy Entry= 466.090 - 444.000
Take Profit= 545.420 | 665.343 | 3662.0
Stop Loss= 2068.1

Risk/Reward= 1:1.52 | 1:3.53 | 1:5.78
Expected Profit= +19.86% | +46.21% | +108.13%
Possible Loss= -13.08%

Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 360 hours
Trade active:
First entry filled

Aave dipped as expected, still waiting for 2nd entry to be executed.
If you operate manually with 3 entries, you already got 2 then!


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.