The white line indicates previous resistance. Price broke above and retested, so resistance has now turned to support. Volume is increasing. Bullish divergence has formed. EMAs are crossing up indicating the start of an uptrend. This is a long term swing trade, it won't happen overnight. Take profits along the way.
Chart is published for educational purposes. It looks like AVABTC is maintaining its support here. In case this rebounces further, this would be a solid risk/reward position to take. However, since this support level seems weak, I'm taking a small position.
💎Technical Analysis Summary💎 BINANCE: AVABTC -AVA pump over 130% increase from 288 sat to 676 sat -The uptrend might be over now as the price is back at the previous consolidation -The key level of support is around 400s sat -If the price reaches this zone, there might be a potential bounce reaction -Wait for any sign of strength before placing your...
About Travala.com Founded in 2017, Travala.com claims to be the leading blockchain-based travel booking platform offering over 2,000,000 hotels and accommodations in 230 countries with cheaper prices than mainstream travel booking platforms. As the native cryptocurrency of Travala.com, AVA is a Binance Chain-based token that can be used for payments, givebacks,...
AVABTC 4HR, PERSONAL OPINION, BUY NOW, SET STOP LOSS BEWARE I AM ONLY 4 YEARS INTO TRADING, I HOPE THIS WORKS OUT COS IM IN WITH 1450SAT STOPLOSS LOL SHORT TERM HOLD BUY AROUND 1550 SELL AROUND 2100 OR HOLD WITH STOP LOSS
ava btc bull market, binance listing, had it pull back, im hopeful for an uptick, i do not plan on holding this coin i will be getting out around 20000 sats
Would have been a nice short after this pump. Unfortunately didn't find a market to short that thing. Maybe Poloniex would have worked but I personally don't like the exchange. Happy trading!