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Kava / TetherUS
Long

Long KAVA

By evasivesteering
Updated

I'm Long on KAVA here.

Although prices are under the trendline resistance, huge buying volume are saying something.

It seems like people have been accumulating KAVA. Actually, mainnet launch is imminent.

A referenced set-up is in chart with TPs (in blue) and SL (in red).

Note
+15% since entry.
Trendline was broken. Now KAVA is trying to break the darvas box.
Note
+65% since entry
TP1 & TP2 done
snapshot
Note
KAVA is consolidating above the darvas box.
In my opinion, on can consider a scalp trade as below. Be attention that BTC is right under the trendline resistance as in the latest update of my post "BTC possible distribution phase"

snapshot
Trade closed manually
wait for better condition (concerning BTC)
Support and ResistanceVolume
evasivesteering
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