Travala.com (HitBTC: AVABTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, AVA began a wave one advance on January 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 4, and the red wave two (blue sub-waves a-b-c) correction ended on March 15. If this wave count is correct, AVA should be heading next towards the March 4 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
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. You can watch their intro video below.
(Sources: https://www.travala.com/)How Will AVA Trade?
Travala.com (HitBTC: AVABTC) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
AVA will takeout the March peak
AVA will drop below the January low
AVA will stay in a trading range between the January low and the March peak until April 25