Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
KAVA DESCENDING TRIANGLE
Kava / TetherUS
KAVA DESCENDING TRIANGLE
By UnknownUnicorn15453819
Follow
Follow
Updated
Oct 26, 2021
2
3
3
Oct 26, 2021
KAVA is just at the end of a DESCENDING TRIANGLE which is normally a CONTINUATION pattern or BEARISH PATTERN.
DAILY TF we are breaking to the upside, but if it does not complete it is a FAKE OUT and we will see a RETRACMENT.
If it completes we have the targets as follows.
ENTRY 5.7-6.0
TARGET 1 $6.5
TARGET 2 $7.1
TARGET 3 $7.5
TARGET 4 $8.2
TARGET 5 $9.50 ATH
STOP LOSS $4.5 SPOT
STOP LOSS $5.4-5.6 3X LEVERAGE
NOT FINANCIAL ADVICE!
Oct 26, 2021
Note
HIDDEN BULLISH DIVERGENCE ON RSI.
Bearish Patterns
continuation
decentralized
DEFI
Descending Triangle
fakeout
kava
KAVAUSDT
retracement
Support and Resistance
Trend Lines
Triangle
UnknownUnicorn15453819
Follow
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
.