KAVA - Long & Shill/FundamentalsInitial circulating supply : 13.69m Kava
Issue price : 0.46$
Initial mcap : 6.3m$
Actual mcap : 13.3m$
First release of coins : End of March 2020
This is the new CZ pet project, and basically his version of MKR:
Cosmos chain/interoperability with Binance chain
Binance just announced staking (Huobi will too)
Binance IEO & allows BNB to be used for cdp collateral
From a fundamental point of view that's quite an easy buy in my books.
As for the technicals, above the yellow lines and we're in price discovery.
I'm happy buying anything in the blue box, but it seems to be holding above so far
KAVABTC
KAVABTC formed bullish BAT | A good long opportunityPrice action of KAVA / Bitcoin has formed a bullish BAT and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00014316 to 0.00014070
Sell between: 0.00014902 to 0.00015788
Regards,
Atif Akbar (moon333)
What We Learned With Kava ManipulationAfter the surprising price drop from one day to another, now unexpectedly had a recovery which we already knew would happen, so the price returned to our recommended buy zone. At this point the decision is personal, then the options are as follows: (a) go out at zero; (b) in a critical case, having accepted the stop loss, which we personally did not do; and (c) maintain the position and wait for the profits.
We want to congratulate those who bought cheaper at retraction. Now it has more than 20% profit. We are still waiting.
This teaches us something. The market falls suddenly but the few recover, so we must always remain calm.
With Kava in the next few days we will have a MACD cross on the daily chart! We will see if that signal will be positive for many.
Gann is great!
Join in our Telegram Channel for more updates t.me
Kava With Its Bullish Chart... Can Continue Growing? 100%+?Kava (KAVABTC) is displaying a young chart, so we have little information for our analysis... Still, we can do a good job, where do you think Kava is headed next?
We can see KAVABTC moving higher and breaking resistance after resistance... Its price is safely trading above EMA10 and gaining momentum.
The trading volume is low while moving up and green, which means that there is no seller's pressure and growth can continue to happen.
The RSI is very strong.
The magenta lines are the next targets... The levels at which KAVABTC will find resistance on the way up.
The blue lines are for support. This is where KAVABTC finds support/stops, if prices move down.
Right now the trend and signals are bullish and prices are going higher. As long as KAVABTC continues trading above EMA10 and moving higher, we remain bullish and aim for the next target.
Feel free to hit LIKE for more and to show your support.
This is Alan Masters.
Namaste.