Avalanche broke down locally and is likely to retest 50MA resistance before retracing down!
Originally a DeFi / BSC token, they made their own C-Chain working with PoS and SC, more info on avax.network/
Current Price= 75.289
Sell Entry = 75.436 - 76.822
Take Profit= 72.350 | 69.843 | 67.423
Stop Loss= 79.164
Risk/Reward= 1:1.25 | 1:2.07 | 1:2.87
Expected Profit= +19.84% | +33.04% | +45.76%
Possible Loss= -15.96%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 4x
Estimated Gain-time=1 week
Originally a DeFi / BSC token, they made their own C-Chain working with PoS and SC, more info on avax.network/
Current Price= 75.289
Sell Entry = 75.436 - 76.822
Take Profit= 72.350 | 69.843 | 67.423
Stop Loss= 79.164
Risk/Reward= 1:1.25 | 1:2.07 | 1:2.87
Expected Profit= +19.84% | +33.04% | +45.76%
Possible Loss= -15.96%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 4x
Estimated Gain-time=1 week
交易結束：目標達成
TP1 was reached with +19.84% (4x) and +1.25RAvalanche went down as planned at first, after 2 rejections in a row on supply zone.
Now it just regained 50MA support and remaining position got closed with -3.64% (4x) and -0.23R
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