AVAUSD trade ideas
AVAUSD TREND CONTINUATION PREDICTION - BEARISH FLAG PATTERNAVAUSD was making a series of LHs and LLs aligned with the concept of DOW THEORY and the RSI graph near the current price level is also consistent with the price point trend which shows no divergence. A bearish flag continuation pattern is also identified near the current price level further strengthening the case for a possible trend continuation.
My entry point for this trade is 14.59.
SL is set at 15.52 and my TP is set at 13.66.
To take advantage of this trend continuation, I have applied another trade but this time TP 2 is set at 12.73 which gives me a risk-to-reward ratio of 1:1.5 for my 2 trades.
OVERALL RISK: 2%
{
(TRADE 1 : 100.8 : approx USD 90 RISK),
(TRADE 2 : 100.8 : approx USD 90 RISK)
}
REWARD: 3%
{
(TRADE 1 : 100.8 : approx USD 90 REWARD),
(TRADE 2 : 100.8 : approx USD 180 REWARD)
}
AVAUSD PRICE PREDICTION -SUPPORT AND RESISTANCE -SIDEWAYS MARKETAVAUSD is not currently following any trend showing the market is currently moving in sideways direction. Support and Resistance concept comes into play in such scenarios. As Support and Resistance are meant to be broken so I have placed Sell Stop and Buy Stop orders at the breakout of support and resistance levels respectively. Sometimes, market crosses first Support and Resistance level and then move back so I have used breakout of 2nd Support and Resistance levels as my possible entry points.
TRADE PLAN:
REWARD: 2%
{
(TRADE 1 (Sell Stop) : 561.9 : approx USD 89.91 (REWARD),
(TRADE 2 (Buy Stop) : 390.9 : approx USD 89.91 REWARD)
}
RISK: 2%
{
(TRADE 1 (Sell Stop) : 561.9 : approx USD 89.91 (RISK),
(TRADE 2 (Buy Stop) : 390.9 : approx USD 89.91 RISK)
}
Trade # 14: AVAUSD Long Long Position
Entry: 16.52
Stoplose: 15.64
TP: 17.64
Bullish Spinning top and probability of formation of Morning Star
AVA/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
AvalanchePrice struck the $2.03 three times this month. We aren't oversold as of yet on the 1 Hour time frame, however, there's been some consolidation since the middle of the month. I don't want a homerun here. I just want a bit less than 38% retracement from the November high.
Not advice!
"It's not about being right as much as it is about being smarter than your last trade!"
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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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
WAGWAN AVA THAT IS WHAT WE LIKE TO SEE BBY !!Hello all, what do you think to AVA ? Looking nice on the set up after rejecting the downtrend along with finding support on the $4.83 line. A good entry point would be above the $5.55 line.
TP 1 : $6.16
TP 2 : $6.67
TP 3 : $7.01
As always do your own research on trades we are good but can't predict the future. Make sure to comment your thoughts, like and follow for more content !!
✳️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"
✳️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
