AVABTC trade ideas
AVA 600% potential gain!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.
AVABTC FOUND SUPPORT ‼️After a bearish move from the past few days, AVA seems to have finally found support. In this zone there's actually a very great potential for a very huge bullish movement. Due to historical price actions, this zone has always proven to be a perfect Entry. It's time to go long!! Though you're adviced to do your own reseach on this matter and maintain proper risk management.
AVABTC SUPPORT FOUND ‼️After a bearish move from the past few days, AVA seems to have finally found support! In this zone there's actually a very great potential for a very huge bullish movement. Due to historical price actions, this zone has always proven to be a perfect Entry. It's time to go long!! Though you're adviced to do your own reseach on this matter and maintain proper risk management
AVABTC 4H long setup; Bounced at bottom of falling wedgeTA Explained
AVA bounced at the bottom of the falling wedge after a first big impulse from the bottom(?). SL just below bottom line of the wedge.
Trade setup
Best entries: 0.00003680 - 0.00003930
TP1: 0.00004640
TP2: 0.00005230
TP3: 0.00006230
SL: 0.00003300
RR: 4.75
Max leverage: none
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Start of a new bull trendWatch that price stays above these moving averages.
Pros
This company is getting results for example 300% up since last year in October revenue. They did that with covid-19.
Big name partners include Expedia group and Trip advisor.
Over 70% of bookings are in crypto so the business actually serves a real purpose
Cons
Countries still closed for travel
Unclear how many Airlines and Hotels will go bankrupt
I went long at $0.50-$0.52 basically the very bottom of the AVAUSD chart.
AVA/BTC (Short Term Uptrend?)💎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 bids
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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AVA Project Overview, Chart Analysis + TargetsAbout AVA
Travala.com price today is $0.881628 USD with a 24-hour trading volume of $10,224,791 USD. Travala.com is up 37.57% in the last 24 hours. The current CoinMarketCap ranking is #155, with a market cap of $36,712,046 USD. It has a circulating supply of 41,641,207 AVA coins and the max. supply is not available. The top exchanges for trading in Travala.com are currently Binance, HitBTC, Bitcoin.com Exchange, Hoo, and MXC.COM. You can find others listed on our crypto exchanges page.
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, loyalty rewards, activating discounts, a store of value and several other use cases.
Their team comprises individuals from the travel, FinTech, and blockchain industry. Travala.com’s vision is to align travel booking with the ethos of decentralized technology, promote accessibility, offer censorship-resistant and peer-to-peer transactions, and build open-source technology for the travel industry.
More information can be found at travala.com
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AVABTC is going wild in the past few days and today we have prices moving above EMA50 (bold magenta line), this opens the door for additional growth.
The next target is marked on the chart.
Here we have strong bullish indicators and a good setup.
Namaste.
Ladies and Gentlemen, this is your captain speaking.Ladies and gentlemen, this is your captain speaking with just a little flight information.
Coming up on the left, we’re going to be catching a glimpse of the Grand Canyon.
On the right you can be able to see the Hoover Dam in just a few minutes.
We will then begin our ascent, flying at an altitude of 37,000 satoshis and our airspeed is 400 miles an hour.
So just sit back, and enjoy the rest of your flight.
