$AAVE/USDT 1D (Binance Futures) Ascending channel on midline

Updated
Aave is sitting on a big demand zone and is likely to bounce here on High Time Frame (HTF).

Current Price= 341.874
Buy Entry = 336.680 - 302.480
Take Profit= 399.660 | 489.540 | 694.550
Stop Loss= 255.353

Risk/Reward= 1:1.25 | 1:2.65 | 1:5.84
Expected Profit= +25.06% | +53.18% | +117.33%
Possible Loss= -20.10%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Trade closed: target reached
TP2 reached with +53.18% (1x) and +2.65R

That old called of Aave the one reaching target 2 yesterday, the current one is about to hit target 1.

snapshot
aaveTrend Analysis

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