Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64.5).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVEUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 75
Take Profits:
TP1= @ 73.0
TP2= @ 81.9
TP3= @ 92.4
TP4= @ 103.2
TP5= @ 121.3
SL= Break below S2
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ืขืกืงื ืคืขืืื:
152% profit...
Total Profit: 152%
Closed trade(s): 105.52% Profit
Open trade(s): 46.48% Profit
Update Details:
Closed Profit:
TP1 @ 73.0 touched at 07.13.2022 with 5.36% Profit.
TP2 @ 81.9 touched at 07.14.2022 with 18.17% Profit.
TP3 @ 92.4 touched at 07.14.2022 with 33.22% Profit.
TP4 @ 103.2 touched at 07.28.2022 with 48.77% Profit.
5.36% + 18.17% + 33.22% + 48.77% = 105.52%
Open Profit:
Profit for one trade is 101.6(current price) - 69.3(open price) = 46.48%
1 trade(s) still open, therefore total profit for open trade(s) is 46.48% x 1= 46.48%
All SLs moved to Break-even point.
Take Profit:
TP5= @ 121.3
Total Profit: 152%
Closed trade(s): 105.52% Profit
Open trade(s): 46.48% Profit
Update Details:
Closed Profit:
TP1 @ 73.0 touched at 07.13.2022 with 5.36% Profit.
TP2 @ 81.9 touched at 07.14.2022 with 18.17% Profit.
TP3 @ 92.4 touched at 07.14.2022 with 33.22% Profit.
TP4 @ 103.2 touched at 07.28.2022 with 48.77% Profit.
5.36% + 18.17% + 33.22% + 48.77% = 105.52%
Open Profit:
Profit for one trade is 101.6(current price) - 69.3(open price) = 46.48%
1 trade(s) still open, therefore total profit for open trade(s) is 46.48% x 1= 46.48%
All SLs moved to Break-even point.
Take Profit:
TP5= @ 121.3