Backed by strong fundamentals, KAVA is one of the most promising coin of the year. With an established uptrend, we recently experienced an over extended increase in the price, resulting in a retrace.
We can notice the old resistance trendline (blue) has been turning into a support for the uptrend.
The EMA200 is supporting the uptrend as well.
Our strategy will be to take some positions on the support trendline and to add more once the local resistance (0.00025089) has been broken.
We can notice the old resistance trendline (blue) has been turning into a support for the uptrend.
The EMA200 is supporting the uptrend as well.
Our strategy will be to take some positions on the support trendline and to add more once the local resistance (0.00025089) has been broken.
Note
KKAVA already printing a +30%Trade closed: target reached
Closed in profits
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.