AVAUSDT
AVA/USDT { TRAVALA.COM } - BULLISH SETUPANALYSIS 🔎
- AVA/USDT is consolidating in a symmetrical triangle pattern .
- Price is testing the symmetrical triangle's inclined support.
- The market could bounce from this support zone if we have a relatively high buyers concentration.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
- Horizontal resistance level (@5.400).
- Horizontal resistance level (@6.468).
- Fibonacci extension level 1.0 (@8.157).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
AVA -----> Still in accumulation mode Hello everyone !
Today the Black Cat Trader is analyzing AVA based on a weekly chart.
What we can see :
AVA is still trading under the downtrend line (yellow) and prices are located on the lower line of the pitchfork which is a good support right now. Note that prices are stuck under the EMA21.
What we can expect :
If prices manage to break the downtrend line, we can expect AVA to reach the intermediary lower line of the pitchfork (which would act has a resistance). A pull back on the downtrend line would be perfect to send AVA to upper levels
Major resistance : Downtrend line
Major support : Lower line of the pitchfork
TP1 : 11,74 $ (1.618)
TP2 : 18,03 $ (2.618)
TP3 : 24,33 $ (3.618)
TP4 : 30,62 $ (4.618)
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AVAUSDT Technical Analysis⏳ Spot
💎 AVAUSDT has formed a symmetrical triangle. it has got 2 rejection from the resistance line and after the last rejection it has gone to the pullback zone. it is expected that it starts it's Bullish move from the Pullback zone
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 2.800
☕️ TP1 3.500
🍺 TP2 3.800
🍻 TP3 4.300
🍾 TP4 5.600
🍷 TP5 6.500
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 2.690
Good Luck 🎲
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AVAUSDT🌟this chart is lower frames shows a H&D formation + a double top touched by chart by none of these are our main goal for entering this one because it has a nice candle respond to the bulls and they are going to be in favor of bulls for now and we can make profit out of it
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AVA (travala.com) bull scenario 19th of July 2021Hi guys,
AVA looks to be very close to the bottom, I'm taking a long around the 1.9 $ area.
Tehnicals : seems to have bottomed out, multiple re-tests on the descending resistance, multiple bull divs on the RSI.
Fundamentals : strong project with actual use case, already being used as an alternative to travel booking by thousands of people, nice cash back options, crypto payments already working, 10% Cashback.
Long from 1.90$, expecting a 3x in the following 60-90 days.
Invalid under 1.75$, probably will buy more if I can get lower price levels.
Not financial advice, DYOR.