AAVE Long at $200

31 Mar 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 Mar 2022

Not

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

1 Nis 2022

İşlem kapandı: hedefe ulaştı

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

1 Nis 2022

Not

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 Nis 2022

İşlem elle kapatılmış

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