Gnarly Long KAVAA pretty gnarly trade suggestion and not the cleanest with stop-loss placement.
We are above the cloud on the 1 hour and also higher time frames like the 12 hour. (along with the lagging strand). Almost looking for a continuation of the prevailing up trend.
In terms of stop-limit placement, it might be a bit of grin and bare it. Only smaller positions. The gains could be as equally big as the losses though.
A sensible trailing stop-limit could be the Parabolic SAR on the 1hour.
Kava
KAVAUSD Supported by the 1D MA50/ aiming at $11.50Kava (KAVAUSD) is having a strong bounce on the 1D time-frame, with the 1D MA50 (blue trend-line) supporting. This is similar to January - March 2021 bullish leg that made a Higher High on the long-term Channel Up.
The Fibonacci retracement levels within the Channel Up play a critical part as you see. The last Higher Low was made on the 0.786 level and since March 28 the price has been trading within the 0.5 and 0.618 level.
As long as the 1D MA50 supports, the price action will form a Golden Cross. The medium-term target on that is the 1.236 extension around $11.50.
*Note: The MACD on the 1W time-frame is already on a Bullish Cross. Always a sign leading to a rally.
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KAVAUSDT 6H TA: PRZ zone As we can see in the chart, the price jumped upwards when it hit the prz area, and we expect to correct the $ 5.5 area when it hits. So it is suggested to save profit. And re-enter if the $ 5.5 range is broken above. We expect a drop to $ 4.2 if corrected.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
KAVA : Daily TA : 04.18.22 (IO)Technical analysis of #KAVA 's chart and its appealing ranges . Let's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.18.2022
⚠️(DYOR)
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KAVA.USDT (Y21.P5.E1).Macro TargetHi Traders,
I'm doing a series of posts looking for the new price discovery top based on structure, fib and previous history.
Kava has no history except the recent all time high.
With the assumption BTC is also going to do ATH, we will forecast in this perspective.
I have 2 models, standard and parabolic. Parabolic model requires certain events to happen before its valid, too early at this point.
The first is the parabolic model as the main post with the 1st as the main target.
The standard is below.
All the best,
S.SAri
KAVAUSDT TECHNICAL ANALYSIS Risk/Reward Ratio is 1.6 and the candle open close above to down trendline. Meaning the candles already leave from triangle. We have received multiple signals from our robo advisor @EngineeringRobo as well. We may earn approximately 11% if candle stay above to up trend-line.
Let’s follow our chart closely and do not forget to follow me as well.
“NFA”
CARDANO on important SupportAccording to the chart, we are in the important range of static support and dynamic trend line support. We look forward to supporting this area again. If this range is broken down, the downtrend will intensify.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
KAVA morning scalpGM friends, we had a picture perfect scalp yesterday with $KAVA and $NEAR - looking at the chart (and weekend..), Im willing to scalp again. The setup is very simple and requires minimum attention due to clear invalidation on upper level. Have a look and share some love if you like.
💡Don't miss the great buy opportunity in KAVAUSD @Kava_SwapTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.445).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KAVAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 4.936
TP2= @ 5.233
TP3= @ 5.578
TP4= @ 5.828
TP5= @ 6.286
SL= Break below S2
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in KAVAUSD @Kava_SwapTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.445).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KAVAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 4.936
TP2= @ 5.233
TP3= @ 5.578
TP4= @ 5.828
TP5= @ 6.286
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Again, KAVA arrived at the most dominant zone of panic sellers
Kava token looks bullish on a weekly time frame; Conversely, a minor rejection phase is seen below the downsloping trendline.
Kava's trading volume is not substantial during a bullish trend compared to the current rally.
Kava investors are barely keeping the asset price above the key moving averages.
The KAVA token is looking above important moving averages including the 20,50,100 and 200 EMAs in the reference of the daily price chart. And the bulls barely try to maintain the asset above the 200 EMA.
During the recovery, the daily RSI has breached the half-line (50-point) and moved into overbought territory, but now with the consolidation phase, the RSI is at 63 which is still bullish.
The MACD indicator gave a crossover in the positive zone last night. This bearish crossover will fail if the bulls keep Kava above the 200 EMA.
An sloping trendline is attacking the crucial resistance area for panic-sellers and the MACD has given a bearish crossover. Now the Kawak holders have to gather more force to circumvent this bully barrier.
Support level - $3.0 and $2.5
Resistance level - $5.5 and $6.5
Is KAVA heading towards $6 after retracement? Bull Flag spotted?Kava is based on Cosmos and ensures network integrity through a Tendermint-based proof-of-stake (POS) consensus mechanism. It confirms transactions through a network of validator nodes. The system is governed by KAVA holders, who vote on smart contract and operational parameter suggestions. Kava holders can run a staking node to directly obtain KAVA rewards via the protocol. However, these benefits are only available to the top 100 Kava nodes (also known as validators). KAVA holders can also stake their tokens on exchanges like Binance, Kraken, and Huobi Pool, as well as in wallets including Trust Wallet, Cosmostation Wallet, and Keplr.
1)Bullish Scenario: KAVA broke the bearish downtrend line on the higher time frame like daily(D) and is trading above the support zone of $4.01. If it stays above this zone and the resistance level at $5 is broken then we could start seeing a move towards $5.50, $6.25, and above.
2)Bearish Scenario: We are seeing early signs of strong bullish momentum but can’t ignore the bearish scenario completely. On higher time frames such as monthly(M), KAVA is still in a downtrend. So failure to hold the support at $4.01 and breaking below $3.30 could lead to a drop towards $2.60 and below.
COTI Breaking The ChannelSuccessfully broke the downward channel upwards and recorded a higher peak. If it breaks the specified limits, the upward trend will start until the resistance and ath reach, otherwise it will create a new downward trend. If the candlesticks are not fixed, the update will be analyzed.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark