Travala.com (AVA) – oversold
AVA / TetherUS BINANCE:AVAUSDT
On the above 1-day chart price action has corrected over 80% since last April. Now is an excellent moment to take a long position. Why?
1) The ‘incredible buy’ signal. Also prints on 6-day chart (below) following the previous sell signal.
2) Trend reversal. Price action AND RSI are now printing higher highs / higher lows. Excellent.
Is it possible price action falls further? For sure.
Is it probable? No.
Timeframe: 2-4 months
Projected return: 6 to 10x
Portfolio exposure < 6%
Good luck!
Ww
6-day buy signal
