KAVAUSDT
Strong support at 5Kava formed a "W" shape noble bottom, and breaks through the down trend Line as the Green Zone shows from Oct 2.
Now it seems like KAVA is trying to retrieve back 6 dollar level cause there are pretty small trading volume since the break out.
6 can be a level for opening Long position, it is a minor support here.
If 6 level can hold, it can reach further more to the resistance level 7 and 8.
if 6 level can not hold, it will retest 5 level.
5 dollar is a pretty strong support level
1. we see a lot of trading volume in early Aug green zone area,
2. In the down trend Red Circle area, when the price try to break 5, it pulls back with significant volume
3. when the price break through the trend line there are also big volumes.
These three points make 5 as a strong support, and if the price hit this level again I would buy more, and that might become a triple bottom.
Below 5 is real bearish and will need time re adjust.
Happy Trading
(NOT Financial Advice)
KAVA - is preparing to skyrocket 👀🚀There was a strong rise in the bitcoin chart yesterday. Bitcoin is now in consolidation, if this continues most altcoins will rise. KAVA is in an accumulation, if the price is pushing towards a key level, that would be a good signal for a breakout and continued growth.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
KAVA USDT BUY 10% OF YOUR FUND#KAVA USDT Update:
$KAVA currently trading at $5.323
And $5.490 is the next resistance.
So what now..?
KAVA is touching the long-time trend line so we expect a good pump in the chart(65% PROFIT---60days ), MACD and TSI show that the power of buyers is increasing.
If KAVA breaks the 4.093$ support level then KAVA is entered in a bearish zone.
SIGNAL:
spot market
risk /reward ratio: 3.96
Buy and sell step by step
entry prices: (5.323$____5.037$____4.688$____4.475$)
targets: (5.490$____5.831 $_____5.095$____6.95$____6.254$____6.995$____8.799$)
SL:4.093$
Must follow me for the latest crypto real-time updates.
good luck :)
KAVA - is preparing to skyrocket 👀🚀Bitcoin continues its rise, with most altcoins in accumulation. One such altcoin is KAVA.
KAVA is squeezing near the key $6.4 level. Additionally, the price is forming higher lows, which is a good signal for growth. If the price breaks through the $6.4 level and tests it as support, this would be a good buying opportunity.
Profit-taking area marked above.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
kava trend analyse(daily chart)many people are looking for right moment to buy kava at right price price so when does the right moment come?
its quite simple just let the candles break out to blue zone and rsi rest at dash line then u can enter at right moment obviously after the huge movement kava needs some rest.
"not suggested to sell or buy"