KAVAUSDT
KAVA Buy Opportunity 🔥Hello guys !
As I said before at @Bitexgroup, Kava is a good currency and has good potential to reach $ 2 to $ 5.
My setup on Kava is like this. Don't forget to buy the Martingale method.
If you like the analysis, express your opinion in the comments and send it to your friends 🙏🏻
KAVAUSDT - Potential breakout 🔼KAVAUSDT is printing a descending broadening wedge pattern on the Daily timeframe.
Price is testing the wedge resistance.
RSI is printing a bullish divergence signal.
Price action is printing a double bottom reversal pattern.
Buy entry ⬆️ - breakout above the wedge resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the support level.
✳️Kava/USDT (11/11) View + Trading Plan #KAVA $KAVAKAVA has broken out of the 1.4-1.5$ zone and is heading towards the 2$ zone. If it surpasses the 2$ zone, KAVA will quickly approach the 2.5$ and 3$ zone.
📈BUY- LONG
-Buy close to 1.4-1.5$, stoploss if B
📉SELL-SHORT
-Sell: 1.9-2$, stoploss if A
-Sell: 2.5-2.6$, stoploss if A
-Sell: 2.9-3$, stoploss if A
♻️BACK-UP
-Sell close to 1.4-1.5$ if B, stoploss if A
-Buy: 0.9-1$ if A, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
KAVA - Place your bids and fasten your seatbelts!Kava is set to be a nice buy in the coming days - here's some reasons for it:
Although we lost the blue ascending trend line, we are now trading in a falling wedge, whose lower trend line has been tested three times already
Price is approaching support levels we did not retest since the steep rise started in June. This is necessary in order to continue growing.
Hidden bullish divergences can also be spotted, although those are not exaggerate.
What I'd do:
As we keep printing LLs and LHs in price and RSI, there's no reason to jump into any trade at the moment, in fact BTC is still volatile and Dominance is close to resistance: we might see some more downside in alts in the coming hours and this weekend.
My first buy order is set on the lower support at 1.18, in coincidence with S1 Monthly.
Second buy order on the lower trendline of our falling wedge
If price keeps dropping, invalidating the falling wedge, things become interestingly bad for KAVA, and we can accumulate a lot more. However, I do not see price dropping below $1.00 anytime soon. But in case it does, even just for a quick wick:
Third buy order in the $1-$0.80 area, above S2 Monthly.
Lastly, another buy at around $0.45.
DCA is the way.
I don't set any SL here as we're investing with a 6-9 months horizon. KAVA is gonna surprise us all IMO.
No financial advice.
KAVAUSDT Fib Retracement 1H - Need your advice!Hello,
I found this Fib retracement fitting this pair that I have been tracking for a while now. I first studied the 1W, then I started noticing that the price trend on 1H was hitting the Fib Retracement zones very clearly. You can see how the price is bouncing off the 0.786 level and struggling to enter into the higher zone.
I am a total noob at this, and I am posting this chart to get some guidance from the community on what this means, and where it could be headed. I posted this to show people that this trend was in play, and for us to educate each other. I would love to learn from your experience and knowledge, so please share and comment what you think.
I wish you guys all the success in this business,
Rizwan.
KAVA USD pair expected to X10 in 2021Another alt looking great on the monthly chart.
Notice that:
- We have a clear parallel channel where we can see strong support and resistance lines.
- 1.2 usd looks like a strong support area, as it was previous resistance.
- If Kava repeats its previous run pattern, we´ll see a X10 move soon.
Remember that Kava labs has strong partnerships in the industry and its platform is based on Cosmos. Plus, we are in a price discovery phase as we have never seen this coin performing in a BTC bull market.
KAVA Descending WedgeThis one looks like a great set up. There's been some huge volume and then a steady decrease during this descending wedge .
At the moment on lower timeframes it is edging along the top resistance, which is a good sign
Wait for a breakout, retest and resumption on at least the 4Hr chart.
Depending where it breaks the wedge (I'm guessing it will be tomorrow), a measured move should take it somewhere around the first major resistance, which is a bit of extra confirmation that this move should play out.
I won't take any profits there as this looks like a big accumulation that will fly.
I will take 50% of profits at Target 2 and then let the rest run as high as it can, with current target somewhere in the range of 3.5 - 3.9
If it can break the second target, it's got a pretty clear run to at least 3.5
KAVA.USDT (Y20.P5.E1). Waiting to enterHi All,
This is a continuation of the previous post.
Time is here.
Note the following:
> 0.618 support \ bounce area on the macro.
> Macro expanding fan formation, bullish.
> the squeezing of the candles on the daily
> many alts have gone first
3 levels of target, based on support\resistance and fib levels, etc.
All the best,
S.SAri
Note the EMAs on the daily.