[ Full #Motivation Sunday ] One line to rule them all.
Around 20 days ago, I shared a #hopium dose post with trading analysis for the AVA token, but which was very valid for almost every altcoin.
Today, three weeks later and turning our head back, seems that the bounce came around 10 days after the post. I'm overall happy with my accuracy, but there's always room to improve.
Today I'm charting AVA, like before.
Once again, I find it incredible how a single support line could be enough to give yourself an unfair advantage vs other market participants (the difficult thing to do is anticipating early this kind of rare buying spot).
The MACD crossover happened in the 3D, what's next? Looking at the Weekly chart looking for confluence:
Look at the bounce from the support line (which also coincides with the previous top from summer 20'). that's exactly what we're looking for!
When 2-3 (or more!) buying signals agree to something, you better shall pay attention.
Also, according to my estimation (amazing drawing skills btw), the next crossover should happen somewhere around September-October. We have some time until then but don't sleep at it.
Full Motivation Sunday; AVA at 20$ by End of Year.
Attention: highly speculative guessing here.
I was wondering where AVA could possibly go If we really have to witness the biggest bull run ever yet.
What if something like this happens? Since the low, it's a +1000% up in half a year. Like we had between October 2020 and May 2021.
Although you may think that I'm a bit drunk with this kind of TA, consider the following:
- I'm not talking about certainties, this is only a (very big) 'what if?' based on previous symmetry.
- Today I feel a bit like a coach, but you need to 'visualize' your future wealth in order to avoid selling too early. Underrated tip btw. Read it again tonight before going to sleep.
Regarding SEED
My next post regarding my side project Seed will be about showing 'how to' value the token and how the price will increase in the following months (don't want to say weeks).
Also, expect the first week report with 'from were we starting out' data.
It's 1 of August damn. Full Spain going on vacation and I don't even want to (not in the mood, dunno). Whatever, have a nice Sunday.
And yes, keep stacking. Not financial advice and all that stuff.
Full Disclosure: I own some AVA, but not anywhere near what I used to hold a few months ago. I believe 'pure' Defi coins + NFT related projects will pump harder when the max euphoria phase returns again.
However, AVA is one of those safe plays where you know that the project isn't going anywhere. It's a great long-term hold but fails to attract short-term hype (which itself isn't bad, but you get my point). Act accordingly.
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I got some AVA as I think this project is great. Give it a few years and $20-50 is very realistic.
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with current growth, in 2 years it will be over 100 $
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I really hope so and even half that would be great but I kind of think you could be right about the $100 as the project is that good. With travel having to open up at some point what better way than to spend crypto earnings on travel.
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In the full euphoria phase, even 30-50$ is possible. Long-term for sure.
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I already have some AVA bags that I plan to hold for the next few years. It just seemed like too big of an opportunity to give up given the business model half a year ago.
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any predictions about Hive? :)
ded
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mmmmm... HIVE is one of the hardest tokens to make TA in my opinion... not enough price data...
But I would say 2-3$ by the end of the bull
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$2 sounds awesome :)
I've been planning to look into AVA as it's promising. Now I have some spare funds, so it's going to happen. Thanks again for the valuable post! 📈💰
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Specially if you're going to take profit of their smart program, it's a great hold :)
thx for the support erikah!
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I'm planning to, but not just yet. I see it as a long term hold/project and now is the time to invest. Small pullback coming 🙂
I should thank you for everything you are doing for us 💰💰💰 Keep up the good work and don't change?
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Life is a continuous change, isn't it? :)
Don't worry about that (easy to say from my prism btw), anything important you need to know, I'll make sure to keep you (the users) updated.
Good night!
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Good long term hold project is also good as you know that in the end they will give you profit without checking market daily.
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I follow this practice with at least 70% of my portfolio. Invest in things that you don't need to check daily.
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I am slowly accumulating AVA, but sometimes wish I bought more in a chunk when it was higher. What do you think about Matic in the short term?
Thanks
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You'll mean lower, right?
Matic the network or the coin?
If it's the coin I don't like it specially, the network is great :)
Had his peak later than 99% of all other coins, Not feeling attracted tbh.
however, I missed that train... so I'm not the best one to talk ^^
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Yes LOL lower…
I think AVA may have some more bull in it this year.
Matic the token, dipped recently, but I have been reticent to move anymore money to Matic since I lost 95% of my capitol there on Iron Finance…
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95%? DUDE that's insane! You have to properly learn more about risk management. You won't make it risking that much. Slow and steady wins the race over the long term.
Allocate around 70% of your portfolio in BTC and ETH.
20% Into promising altcoins (with your analysis done, of course).
10% remaining into very low cap projects.
From time to time you're allowed to gamble with 0,1-0,5% maybe. And this should be something very exceptional, little losses over time can become a very big chunk.
Hi
I didn’t mean 95% of all my capitol, I meant 95% of the capitol I transferred to the Matic ecosystem. Slthough it was a small amount of my total capitol it was most of what I had in that ecosystem. Admittantly BTC and ETH were my main holdings before the crash
Oh, thank god!
You scared me for a moment.
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But thanks, you reinforced good advice I sometimes feel FOMO waiting for Eth and btc to rise