Pitchfork AVA/USDT trendlineUsing the Modified Schiff to help map out current trend, nice momentum with the basic Pitchfork (not shown) and the modified Schiff showing a trading channel. If Modified Schiff trend channel breaks will switch to a tamer basic Pitchfork. Looks like there's a lot of room to grow.
Travala
$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
✳️Travala/USDT Analysis (11/12) View + Trading Plan #AVA $AVAAVA is still in an uptrend but in a correction phase, the price zone that AVA heading is 0.55-0.6$. This is a very strong support that we can trust in to buy AVA.
📈BUY
-Buy: 0.55-0.6$ if A. SL if B
-Buy: 0.8-0.85$ if A. SL if B
📉SELL
-Sell: 0.8-0.75$ if B. SL if A
-Sell: 1.15-1.2$ if B. SL if A
-Sell: 1.35-1.4$ if B. SL if A
-Sell: 1.8-1.9$ if B. SL if A
♻️BACK-UP
-Sell: 0.55-0.6$ if B. SL if A
-Buy: 0.4-0.45$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
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.
✳️Travala/USDT (30/10) #AVA $AVA #AVAUSDTAVA is in the bearish channel pattern, and we haven't seen any positive signs to invest in this coin. The target for the AVA is the $0.25 zone. Our plan will only change if the AVA rebounds and breaks above $0.45, and the target is at $0.6. However AVA may make a big surprise when it goes up to $1 and you should sell quickly because AVA's pumps are always flash pumps and it will always return to the bottom a few days after.
📈BUY- LONG Strategy
- Consider buying at the $0.25 zone, stop loss if the 1D candle closes below this zone
📉SELL-SHORT Strategy
- If AVA closes a 1D candle below $0.38, we will sell in the zone of $0.38-0.4, stop loss if the 1D candle closes above this zone.
♻️BACK-UP Plan
- Buy in the $0.4-0.45 zone if the 1D candle closes above the $0.45 zone
- Partially sell at the $ 0.6 and $1
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
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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.