bloody kava is coming ... Watch out !!
Till now $4.50 seems to be holding well for Kava after testing it.
Most likely we gonna complete the uptrend till the above of the channel.
Look at the channel on the chart, u will get that we r trying to break $5.95 resistance.
An estimated pullback from $5.95 to $2.40 within June. ( about 60% down)
On very short-term we r bullish .
for long-term holding, should add bags in the dip n prepare an exit strategy is a must .
If we moved as expected on the chart, it will be a good indicator to see a rejection bearish daily candle at 5.95 resistance.
The best time to buy, when the wave ends at $1.33.
For me, will sell all my kava at the top of the channel n will short above 5.90.
After we gonna break $4.40 support we will see $2.40 straightway.
DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
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Kava
KAVACan Stake Kava for 20% APR in Kraken.
What Is Kava (KAVA)?
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.
The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.
Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.
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Trading Parts :
- Buy Now around 3.1$
- TP1 : 4.95$ (Security TP)
- TP2 : 5.95$
Stop Loss : 2.48$
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Stay S4fe!
Happy Tr4Ding !
KAVA vs BTC --- LONG --- 18.05.21KAVA against Bitcoin forms a good launching pad.
The entire upward movement is accompanied by increased volumes, which is very good.
The price has nicely entrenched above the moving averages, and when we exit above the control point, we may well get momentum.
Those who see an ascending triangle or a contraction will also jump there.
Riding the sleeping giant KAVA 💪 Very much underperforming giant here that was the star of 2020, yet a sleeping beauty in 2021.
KAVABTC may start pumping any minute, or may continue to hibernate for quite sometime as there’re yet not increase in volume, and still consolidating on the 3D 50EMA chart.
Entry level in blue
Target is 100% gain in green
KAVABTC - Trading Setup! Not a financial advice - This is my trading diary ! It helps me think about my ideas.
Let's follow our plans to have a profitable week.
Kava is showing some strength after hitting all time low. There is a potential to grow to at least 19000 sats (Lines marked on the chart).
Since I don't like to enter pumps and chase the market. I would expect a good opportunity (pullback) to enter.
Grabbing some Kava around 9600-8800 and expecting a few months of upside.
#kava #btc #crypto #tradingidea
KAVA KAVABTC rising from the dead?This star of 2020 is a sleeping giant through 2021... yet! On the daily chart, it is almost a linear trending line. On the weekly chart we see a potential breakout. And once the breakout is confirmed KAVA has 300% potential to grow from here.
If you missed on ETH & BNB, this could be the next ticket to get you there. But hey, if you have a different point of view, tell me about it.
KAVA breakout comingKAVA/USDT forming a symmetrical triangle pattern. KAVA also break the long downtrend and now ready for the triangle breakout. KAVA is launching the KAVA SWAP soon. Bitcoin breakout is confirmed and ETH is also pumping, this is a good sign for alts and we see a good move in alts soon. This is a good time to build your position in KAVA.
Buy Zone : $6.25 - $6.33
Sell Zone : $6.8 - $7.12 - $7.55 - $8.2 - $9.1 - $10.4
KAVA first lag down, then up?Rising wedge confirmed by several touchpoints. Given already high volume and RSI, potentially a retrace first before breaking $6.50-7.50
KAVA BREAKOUT! READY FOR NEW ATHHello everyone,
This is not an investment advice, just personal thoughts about cryptocurrency called $KAVA
Downtrend line has been active since 6th of April, and parallel trend channels are closing, major support of Ichimoku is strong, Fibonacci retracement levels are finely tuned, this is a new price discovery break-out, let"s see..
How to interpret this chart?
The major downtrend line is bold line, the major support of up-trend line is green bold one.
Inside this triangle, I was thinking that minor support lines are going to be in that predicted channel for break out pattern. And if we gonna closings above the down red line in 4H period chart, this is going to be approval for price discovery period start!
My first bought was around 4,30 where in its accumulation period, this is the last signal in my honest opinion. I'll add some to my bag from this point, wish you all profitable trades.
The aim is vertical dotted line which goes to 10.89 $ and also Fib. Retracement Leves are showing 1.618 (Golden Ratio) is very close to that area and this going to be resistance level in price discovery chart.
Well, lets see. Time the operator.
KAVAEUR Hello everyone,
During this weekend's pullback of KAVA, it retested the strong daily trendline while not breaking its previous low.
Therefore still keeping an eye on KAVA to continue higher in the upcoming weeks.
I have already entered a trade on KAVA as can be seen on the chart.
Feel free to share your opinion and your ideas below.