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KAVAUSDT

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
Kava is looking solidNormally during Bitcoin season I would not touch alt coins. However, I really like these kind of diagonal candle structures with increasing volume. They usually always break to the upside as the structure of the candles are not curving but moving in a consistent direction. I would expect this pattern to violently break to the upside. Also to add, during Bitcoin season there are some alt coins that do move with Bitcoin and can keep up with its price action. The KAVA/BTC is also looking strong. Have a great week folks.
Long
by Monovon
2
kavausdt - flat bottom triangle in growth!!!The monthly candlestick is straight-up scary. Opening a new candle will pull the price up. So waiting for the upside. I wish I could find a long scenario on the 1 hour and even better on the 5 minutes. Let's go down to the daily chart. We see a pullback at the monthly low. At the hour chart, we see the break with the return to the zone and strong growth to the upper border of the bear trend (red line) And if it breaks through the support we'll see a price -50% discount. What are your thoughts, friends?
by Artem_Dishel
9