A simple price analysis on a possible correction movement.
A simple analysis if price does not break resistance at 6000
Aventus is a digital currency to facilitate the payment of tickets for events, something very common for us, but still obsolete. As you know, there is ticket traffic, lots of banditry behind and lots of money involved. AVT is a relatively new currency, and was listed on BitFinex on 10/10. Its value ranged from under $ 4 to up to $ 6, this already shows a...
Probably today, the price will reach 3.3 after the re-entry on the primmary channel.
The price is stable within a horizontal channel . Hardly the price will leave the channel before the Fork, with that we can open a purchase order at 7.8 following our bearish trend line . If the price exceeds 50% of the channel in 7.9, the next target will be the resistance in 8.2 , where we will place the sales order. There is also a low probability...
We can notice that we are almost 6 consecutive days of red candles. But all with big shadows, showing a period of indecision and turbulence due to the news from China. I believe the price will not break the support zone between $ 3600 and $ 3200. Possible natural support at $ 3000. Also, I'm using 2 Up Trend Lines to delimit the minimum and average growth of the value.