$AVAX/BTC 4h (Binance Spot) Bull flag on support
Updated
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
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
Note
EDIT: WAVAX contract is
#AVAXC 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7
Trade active
All entries filledAvalanche is still ranging inside the parallel channel but not able to regain 50MA yet, let's be patient here.
Trade closed: target reached
TP1 reached with +23.35% and +1.5RAvalanche broke-out of the flag and pumped very nicely, SL updated to lowest entry (0.0016917₿)
Trade closed: target reached
TP2 was reached with +46.30% and +2.96RAvalanche 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.
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