[AVA/USD] - Breakout from range, consolidation happening right now.

It has been some time since the last AVA update a month ago.

This post is also a great demonstration of how to use the MACD indicator to trade as I explained back in time.

After a few months of accumulation, the bulls have wakened up and now they're pushing our favourite coins to new highs. It's also the case with Travala token $AVA:

It truly amazes me when price acts in such a 'clean' way. For a few months, we had an amazing accumulation opportunity and a massive range.

Let's zoom in a bit:

Isn't that clean?

After the first run up and people took profits a well-defined range formed where we can clearly see the zones where people keep buying (demand zone) and where some other people keep on taking profits (supply zone).

This is how an accumulation range forms and how real players 'play' with our emotions to 'chop' us out (usually people running out of patience).

When the average sheep sell their last bags to FOMO into BTC and ETH, profits will naturally flow into alts to keep the party on.

Sorry for using your reaction @resiliencia, it was PERFECT! (Hope you're fine with that).

Because you're saying 'I'll buy If it dips again into 0,85$' And I won't say that couldn't happen... but at this point means that you're 'praying' for the price to fall again into the range (where you had 64 days to buy under 0,85$ and as low as 0,7$).

Understand my point?

It's the same reason why people say:

(March 2020) I'll buy Bitcoin when it dips under 3K$ (and price at 4K$ after a ~40% correction).

(Summer 2020) I'll buy Bitcoin when it dips under 8K$ (and price at around 10K$ for nearly 3 months).

(December 2020) I'll buy Bitcoin when it dips under 15K$ (and price dancing around ATH before shooting up to +25K$).

It's also a reason why some people on Twitter say (referring to the former): 'Have fun staying poor' because usually this type of people never buys (at whatever cheap price) and later on have the balls to say that 'but you we're lucky...'

Don't be that kind of people.

Bonus TA tip: 'Higher-timeframe confluence'

Ok, we've seen the daily timeframe and we have seen that's cool and probably @resiliencia will buy my bags later on for a higher price. What can he do to sleep better?

Easy. Look for something called 'higher-timeframe confluence'.

What does that even mean?

In a sentence: It's when a higher timeframe supports your bullish/bearish bias. And how does it look the weekly chart for AVA? Let's see:

Did you read the MACD analysis that I published like a couple of months ago?

In fact, the 'current' crossover is something that I've been waiting since then (there are snapshots of that same crossover in the original post).

If you see it as something bullish (which I do) then you have the 'confluence' which will let you sleep without even worrying about price (because you know where you're headed long-term).

Act accordingly. And be (a bit) greedy. It's the time for that.

Best of luck.

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