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KAVAUSDT

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.
Long
by altFINS
✴️ 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.
Long
by AlanSantana
3
KAVA has just flashed the insane short signal!Hello, traders! After my today’s article with short trade on Bitcoin the entire crypto market has started it’s dump and we can divide our short trades between different assets. Today I found the short setup on the KAVA. On the 4h BINANCE:KAVAUSDT chart we can see that the price is going to show us the significant correction. The market now have the greed state which is unusual for the bull market start, that’s why the correction will continue in my opinion. KAVA has broken it’s key fractal level at $0.99 . We can try to open short now or on retest of this level with the stop loss just above the previous up fractal at $1.05 . If the price break this level it would be the nice long entry point. Let’s notice that the down fractal was broken below the red Alligator line, therefore this signal is valid. The potential target for KAVA is $0.83 at the Fibonacci golden pocket. If you believe in the bull market you can buy KAVA on spot there. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Short
by Skyrexio
3