KAVA continuatiuon likelybreak of MS and retest from above... after retracing to the golden ration fib... migh be haeding for new ATH
KAVABTC
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!
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KAVA/BTC TA Update (Pullback over? 40% swing up?)KAVA/BTC
KAVA broke to the upside of this descending channel with a bullish engulfing candle.
If price can hold above the 50 MA and support area of 0.5 Fib.
Market uptrend structure will potentially continue up to the swing High at 18000 sats area.
Kava (Nov 29) 53% PProfit in 7 Days#KAVA/BTC (Binance)
Entry Zone: 14000
Take Profits: 15000 - 16000 - 17000 - 19000 - 21000
Stop Loss: 12800
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.
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This is Alan Masters.
Namaste.
