Kava
ALTCOIN SHHOPING. KAVA, LTC, MATIC, KNC, WRXIn this idea I gathered 5 interesting to buy altcoins for today, where a set-up to buy was formed. This is not 5 different trading ideas, but one, because if the growth of altcoins will be all, and vice versa, when correcting, there is a probability of getting 5 stops. Therefore, if you trade any of these instruments, you can take a closer look and choose one.
KAVA
Higher low + double bottom, price at support + short stop, good reserve for the price increase to the region of 1.05-1.15
LTC
Pushing up to the level. Looks good on a breakdown of the 95$ area with targets 100-110-115, a stop can be hidden under 85$.
MATIC
Higher low + breakdown of the downtrend, volume growth on H1+good price margin. Stop can be hidden under $1, the profit target is 1.2-1.3
KNC
Pushing the price to the level of 0.75, looks good for a breakthrough, stop is appropriate for 0.65, the profit targets at 0.82 and 0.95 is an update of the local high
WRX
A squeeze to the level of 0.18-0.185, false breakdown of this zone, most likely the price will go higher. Stops under 0.155. Take profit targets at 0.215 and 0.25-0.29
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Good luck and profit to all.
Kava. io formed bullish BAT for upto 17.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token with US Dollar pair.
Previously we caught a nice trade of KAVA as below:
Now on a 2-hr time frame, KAVA has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KAVA: Resistance Breakout!Kava (KAVA) technical analysis:
Trade setup : Price has broken above $1.00 resistance area and 200-day moving average to resume Uptrend. Upside potential to $1.40+ Momentum turned bullish again (MACD crossover). Our own proprietary research report published on 24th August highlighted several upcoming catalysts that could dramatically increase TVL (Total Value Locked) on this leading DeFi lending platform and potentially drive up the token price.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.80 (previous resistance), then $0.50. The nearest Resistance Zone is $1.00, which it broke, then $1.40.
✴️ Kava Goes First Correction End Confirmed? Marketwide AnalysisKAVAUSDT hit a low in early January, like most of the Cryptocurrency market.
Many pairs hit their low in late December, just a few days before January which technically counts as the same.
From this low we get a strong bullish wave, January 2023, this is also true for most of the Cryptocurrency market.
After this wave we get a correction and here the correction hit bottom 3-5 March. This is also a theme that is repeating across the market.
Now, the important part.
KAVAUSDT is recovering, correction ends.
This is confirmed as its price moves above the moving averages including EMA50 and the really high volume yesterday.
If KAVA dropped with the rest of the market, recovered with the rest of the market and went into a correction together with the rest of the market, it will also produce the next leg up with the rest of the market.
That's the conclusion.
KAVAUSDT is already going bullish, moving first compared to the pairs that everybody is already looking at.
This is normal, the market movers will move first those that are least active/bought.
While everybody is always looking at Bitcoin, Shiba Inu, Cardano and the rest. If Bitcoin starts growing it would reveal that the correction is over and everybody would rush to buy and that's not something that is appealing to the whales.
And thus they move the least popular ones first... But what one does the rest follows.
If KAVAUSDT recovers, we know what the rest of the market will experience as well. This includes Bitcoin which looks shaky right now... Patience and a plan would remove all doubt while you wait.
Namaste.
KAVA LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the KAVA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✳️ Take This! 111.11% Potential For KavaI like the look of this chart. I am giving you a nice 111.11% potential on this trading pair.
See a bullish crossover on the MACD
✔️ The MACD line (blue) crosses over the Signal line (orange) to the upside.
✔️ The candles 4-Mar. and 7-Mar. both represent reversal signals based on Candlestick reading.
✔️ Notice the falling wedge pattern as well and if we continue looking, we find more.
✔️ Elliot Wave Theory, we have the first and second waves, a third wave follows...
I think that's enough 😁.
Namaste.
KAVA With Bullish Setup FormationKAVAUSD is making a nice a-b-c pullback within wave B/2 after an impulsive rally into wave A/1 from the lows. It's currently already sitting at interesting 0.80 support area, from where we may see a continuation higher into wave C or 3, especially if we also consider nice and clean inverted Head&Shoulders pattern.
Technically speaking, if the price rebounds back above 1.10 region and neckline of inverted H&S pattern, then we can easily expect more gains, as bullish trend would be confirmed. Invalidation level remains at 0.5150.
Happy trading!
#KAVA - thoughts out loud #1Good afternoon , dear colleagues!
I'm happy to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument.
What are your thoughts on this asset?
Dear colleagues, I sincerely thank you all for your attention and wish you all success!
And remember one thing:
"sometimes you win , sometimes you learn ".