Is KAVA a sleeping giant in the market?
Hello everyone!
You can call it whatever you want, but #KAVA is a real hidden GEM in the market!
The chart clearly defines a 5-wave growth structure in the past bull market and a long, drawn-out correction in the following bear market.
Currently, the asset has approached an important Fibonacci level, many other assets have already surpassed it, but not KAVA.
On a global scale, we have huge potential for growth, I dare not aim to surpass the previous ATH, but I think reaching $3 is quite possible, and if we reach a bit higher with much higher risk, $5 mark and phenomenal +390% on the spot market.
For myself, I see an entry after overcoming the 0.236 Fibonacci level and consolidating above it. Next, all targets are important Fibonacci levels.
This is not financial advice, everything you do, you do at your own risk!
Follow me for even more trading ideas!
You can call it whatever you want, but #KAVA is a real hidden GEM in the market!
The chart clearly defines a 5-wave growth structure in the past bull market and a long, drawn-out correction in the following bear market.
Currently, the asset has approached an important Fibonacci level, many other assets have already surpassed it, but not KAVA.
On a global scale, we have huge potential for growth, I dare not aim to surpass the previous ATH, but I think reaching $3 is quite possible, and if we reach a bit higher with much higher risk, $5 mark and phenomenal +390% on the spot market.
For myself, I see an entry after overcoming the 0.236 Fibonacci level and consolidating above it. Next, all targets are important Fibonacci levels.
This is not financial advice, everything you do, you do at your own risk!
Follow me for even more trading ideas!
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