Long

Updated

Aventus - doubling within some days, $70 in a month or two

This is not financial advice. I am a rookie trader (please ignore the "pro" mark).
I'm hugely bullish on Aventus. I bought a bunch.

WHY BUY?
It broke out of a bearish Fib. circle set some days ago and got that pushing it up.
It is soon hopefully gong to break out of a giant bearish Fib. circle set (upwards).
It has some great circular symmetry with the mid size circle set that is bullish and is in the bottom of that.
Everything will in in a symphony push the price up together to the moon.

Looking at the AventusBitcoin ratio we find some great symmetry and potential for a rise (ratio chart below).
Everything is looking awesome.

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Zoomed out:

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Aventus is in 334 place in coinmarketcap with a tiny $30 363 840 market cap.

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Resistances are sliced up like a hot knife through butter.

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youtu.be/o_DAQJRanVs?t=7

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Pretty sure there's a bottom at $5.5 (but I'm a rookie noob trader so I could be wrong)

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Beautiful. It's at my sweet little bottom now. Let's see what happens now. :)
Put on your seatbelts, things will speed up.

Only changed the opacity of the circle sets to emphasize the most important one. Nothing has been moved or changed. Removed some trendlines that are redundant.

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Moved the giant fibonacci because I wasn't happy with it. Added a railroad of fat black trend lines. I'm changing the target to $45 but I actually think it can go much higher than that. Just trying to have a reasonable target, and where the rail road meet is sensible to use as a target.

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Zoomed in:

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Buying opportunity.

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Now at $5.26

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When I said that I was hugely bullish about AVT I wasn't joking. This is the reason (besides lazyness) that I don't do margin trading (see how low the price is). I'm still hugely bullish on AVT. Just look at the AVT/BTC chart... Can you see the upside potential?

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AVTBITCOIN ratio is still looking beautiful. :)

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Once again, this is why I don't use stops. Look how low it crashed ealrier...

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Pfft... Look at those flash crashes coming in AVT.
Well, get rid of those weak day-trader hands...
Kill those stops! You can do it again, c'mon!

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youtube.com/watch?v=pdFl__NlOpA

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Look, now it is at the bottom at the ratio chart.

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Haven't shared AVTUSD chart for a while. The reason is that I've been moving around Fibonacci circle sets a bit, to adjust to the new "crashy" circumstances. I'm still very bullish. Just look at the AVTBTC chart i the previous comment.

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Not proud of moving them, it's weak but have to do a new analysis since the bad days. I strive to not touch anything...

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By "weak" I mean it's not optimal to move the Fib's around. That's not supposed to be the case in a good analysis.

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Soon (if it explodes up), we can look from this more simplistic perspective. Simplicity is almost always good.

Look the ratio chart is trying to shape a bottom...

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AVTETH shows potential for a large rise...

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Didn't sell. Still bullish. Could take a while for it to go up.

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Redid the chart again. It's a shame that I had to do that but shameful stuff happen.
I'll comment with targets later if it decides to go up.

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Ok final setup :)

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Removed some trendlines that are old. Added some cool Fibonacci spirals.

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Still looks good. Before the end of February I suspect AVT will be on a completely different level.

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I think this goes to $3.5 any day now.

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Hello, look at this failure analysis a second time. I like this chart so I have to post it.

UncannyDeduction

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