AAVE Long at $200

31 mars 2022

The use of the pitchfork, FIB retracement tool, and Phoenix Ascending indicator suggest $200 as a reasonable long entry and $229 as a reasonable take profit target.

The red dotted line indicates the possible trajectory of the red stochastic relative strength index (sRSI). The black dotted line indicates the possible trajectory of the AAVE price.

This is not financial advice. I am not your financial advisor. This is my opinion.

31 mars 2022

Note

This is to be considered as a median reversion trade as the take profit target falls on the median line of the pitchfork.

1 avr. 2022

Trade fermée: cible de profit atteinte

Open: $209.47
Close: $230.00
P/L: +9.89%

1 avr. 2022

Note

It looks like AAVE has more room to run to the upside, which means I need to jump back into it with another long entry.

Long entry: $245.83
Take profit target: $271.95

4 avr. 2022

Trade fermée manuellement

Open: $245.83
Close: $252.00
P/L %: +2.51%