A few days ago called the 'possible' bottom for AVA and I've been loading aggressively since. This is how the chart stands today:
We're going to break out to the upside that descending channel which has been forming since early August? I think so.
Check the beauty of the TA. See how we retested the previous resistance which formed in May? Resistance turning into Support in front of your eyes.
The indicators have been 'charging' their momentum and now the confluence is reaching the high timeframes (the previous chart is the 3D chart). Let me show you the weekly chart:
See the Doji candle? This screams BOTTOM.
More confluence for you; did you saw that beautiful MACD crossover incoming?? DID YA?
YOU'RE. MISSING. FREE. MONEY.
Want some more perspective? With the last MACD in the 1D timeframe, we had a ~45% increase. The Crossover in the 3D timeframe is BY FAR much more powerful. However, the last time we had a pullback and a continuation of the downtrend (nothing is risk-free in this world).
This time I think well have that long-awaited trend reversal. From here to the end of the year this is going nuts. If not... well, I'll keep accumulating as long as I think that Travala is a great fundamental project suppressed by Covid and without the hype of DeFi in their ADN.
As long as they keep improving their product and making (increasing) sales, the $AVA token will appreciate in value. But this is fundamental analysis and who even cares about that anymore (joking here, I'm a big fan of FA).
I'm a great contra-indicator sometimes but when I'm on point I also make huge gains.
To show you, loved reader, that (as always) I'm putting my money where my mouth is, let me show some of my position.
Btw. This is freshly added AVA. I own (some) more.
God. Even bought 'mAh sHiTcOin'. If you're not buying AVA you hate money.
*Not financial advice.
Nah, now seriously take care and all that stuff. I'm a person behind an anime profile pic. Don't try to follow my moves if you're not completely aware of what you're doing. Trading can be extremely risky sometimes.
Don't gamble your rent.
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