JamesRennie

Start of a new bull trend

Long
BINANCE:AVABTC   AVA / Bitcoin
Watch 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.