AVAUSD 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...
AVAUSD 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...
Price 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!"
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...
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 : $7.01
As always do your own research on trades we are good but can't predict the future. Make sure to comment your thoughts, like and...
AVA is still in an uptrend but in a correction phase, the price zone that AVA heading is 0.55-0.6$. 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...
AVA 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...
