Travala AVA 300% gain this summer?Travala is my favorite Alt for a year now. I continue to buy the dips and sell the bounce. This is one of the undervalued Alts hit by the pending. If you believe this summer tourism and traveling will ease down, then have a look at AVA. Technically AVA is staying strong above EMA, continues to climb vs USD. My new entry is marked in blue. You can have a conservative exit at 1600 sats, then buy the dip or continue riding it to discovery mode.
AVABTC
Travala AVABTC my LT HODLThis is one of my favorite long HODL coins, I bought it and been accumulating as the blue line indicates. There’s a clear easy 50% exit green line (that I will not execute but sharing for reference) for he only sees short term gains. I am aiming much higher for a longer term as per the higher target. My confidence in AVA is due to fundamentals reasons related to traveling… once the pandemic eases down this summer, I expect it to pump so high.
If I could swing trade, I’d have bought and sold this coin several times… unfortunately I can’t swing.
Tell me what do you think? Do you swing? HODL for LT?
$AVA, Volume has been increasing over last days $AVA
Volume has been increasing over last days and today is making a new local high
If manage to hodl/flip this level, it will probably go for continuation toward 10k+ sats
UCTS bullish across multiple TFs & up +60% since UCTS 2D Buy (1st one)
Weekly chart as reference
#AVA
$AVA/BTC 4h (Binance Spot) Ascending channel breakout and retestTravala is looking ready for bullish continuation, let's enter here!
Current Price= 0.0000610
Buy Entry= 0.0000605 - 0.0000587
Take Profit= 0.0000698 | 0.0000768 | 0.0000844
Stop Loss= 0.0000528
Risk/Reward= 1:1.5 | 1:2.53 | 1:3.65
Expected Profit= +17.11% | +28.86% | +41.61%
Possible Loss= -11.41%
Fib. Retracement= 0.786 | 1.272 | 1.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
$AVA/BTC 2h (Binance Spot) Symmetrical triangle break & retestTravala has broken out of that triangle and is retesting support right now.
Current Price= 0.0000543
Buy Entry= 0.0000544 - 0.0000530
Take Profit= 0.0000589 | 0.0000632 | 0.0000689
Stop Loss= 0.0000499
Risk/Reward= 1:1.37 | 1:2.5 | 1:4
Expected Profit= +9.68% | +17.69% | +28.31%
Possible Loss= -7.08%
Fib. Retracement= 1| 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 120h
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.
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
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Travala (AVA) Project Overview + Chart AnalysisAbout 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, 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.
Source: Coinmarketcap.com
Website: Travala.com
-------------
This one looks like a great project and has also been added recently to Binance.
The growth on this chart is amazing and signals of a retrace are starting to show.
We can see a bearish divergence with the RSI and a bearish cross on the MACD... See it below:
This can signal prices moving lower.
I've marked the most important Fib. support levels for your convenience.
Namaste.