AVA bullish trend analysis and trading strategy
Currently, AVA is in a bullish trend at the daily level. As long as the price remains above the long-short key price of $27.062, the intraday market is still biased towards the bulls. It is recommended to wait for the bullish buy signal (yellow dot) to appear on the 4-hour chart.
If the price can successfully stand above $29.160 today, and the yellow dot signal confirms stability, you can consider entering the long position. The target range is set to around $29.823 to $30.267. If the price fails to stabilize above the 4-hour long-short key price, you need to be alert to the possible risk of a callback. The target range below can be focused on around $28.532 to $27.927.
Key price and target range
Key price for long and short positions: $27.062 Long entry confirmation price: above $29.160 Upper target range: $29.823 to $30.267 Lower target range: $28.532 to $27.927
According to market performance, timely adjust trading strategies to ensure that risks are controllable and maximize returns.
