KAVAUSD Approaching the 1D MA50. Attention.Kava (KAVAUSD) has been trading within a Bearish Megaphone since the August 30 2021 High. The recent short-term rally in the form of a Channel Up is close to a 1D MA50 (blue trend-line) test. A candle closing above it should be a bullish break-out call towards the 1D MA200 (orange trend-line).
The pattern however so far resembles the sequence of January 24 - February 06. The RSI sequences prior are also identical. That pattern got rejected on the 1D MA50 and after trading sideways below it, it finally targeted the 1D MA200 when it broke. The strategy here should be to buy on the pull-back or if the 1D MA50 breaks (candle closing above) first.
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KAVAUSD trade ideas
KAVAUSD D2: 255% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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KAVAUSD D2: 255% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: KAVAUSD D2/candle chart review
::: HIGHER RISK SETUP USE TIGHT STOP LOSS
::: further losses short-term
::: expect BEARS to target 1.20-1.40 USD
::: however strong bounce after correction
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later near 1.20-1.40 USD
::: BUY LOW near 1.20-1.40 USDusing tight SL
::: currently correction in progress / no upside
::: dump until July/August 2022
::: for now stay out / wait for better entry price
::: up to 255% gains possible later
::: short-term pullback/correction
::: is possible / likely
::: however chart looks good for BOUNCE
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +255% gains
::: details: see chart
::: FINAL TP is +255%
::: recommended strategy: BUY/HOLD 1.20-1.40 USD
::: TP BULLS +255% gains / 4.40 USD final TP
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/STRONG BOUNCE
::: Sentiment short-term: CORRECTION/1.40USD
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
KAVA/USD Daily Cautiously BullishKAVA/USD Daily cautiously bullish. *Since 05/12/22 KAVA/USD has gone up 116% so a little bit of resistance here at the top of the descending channel is to be expected.* Recommended ratio: 65% KAVA, 35% cash. Price is currently testing $2.72 resistance and is on the verge of testing the upper trendline of the descending channel from August 2021 at ~$2.95 as resistance. Volume remains very high after printing a record high on 05/12/22 and has been fairly balanced between buyers and sellers over the past week. Parabolic SAR flips bearish at $1.50, this margin is mildly bearish. RSI is currently trending up slightly at 45 after finally breaking out above 38.31 resistance (It had been testing it since 05/15/22); the next resistance is the uptrend line from December 2021 at ~53 (which could potentially coincide with 56.84 resistance). Stochastic currently remains bullish at 99 after going nearly straight up from max bottom on 05/12/22; it's on the verge of testing max top where it can coast in the "autobahn zone" for a while. MACD crossed over bullish in yesterday's session and is currently testing -0.44 resistance; if it can break above it then the next resistance would be at -0.18. ADX is currently trending down at 28 as Price continues to go up, this is mildly bearish; if ADX can bounce here as Price continues to rise then it would help confirm that this is a reversal and not a retracement. If Price is able to break out above the upper trendline of the descending channel from August 2021 (~$2.95) then the next likely target would be a test of $3.31 resistance. However, if Price is rejected here (at either $2.72 resistance or the upper trendline of the descending channel), it will likely test the $2 level as support and may fall as low as the lower trendline of the descending channel at ~$1. Mental Stop Loss: (one close below) $2.19.
KAVA Events along the Trendline KAVAUSD experiences same parallel downtrends with curiously similar bottom pattern followed by a sharp low on the trend line
This is happening currently, the only difference being a lower low being created instead of a higher low in the prior two situations
In the prior two situations price rose in both situations following these structural patterns
KAVA at this price, super cheap!I am invested in a few liquidity pools on the app at kava.io. The APYs are unreal, at around +150%! I believe the future is extremely bright for KAVA. Brian Kerr seems like a really smart guy and the kava.io app is very easy to use. It has a great community also. Definitely my favorite DeFi project!
At this price, KAVA is super cheap. As long as BTC recovers, I see KAVA rising back to around $5.25 (short term). And as long as the crypto market (in general) does well, $6.00 before end of year seems possible. Also KAVA 10 is about to be released (May 10th 2022), and usually new versions trigger price bumps up. Back up the truck now before it's too late!
KAVAUSD Supported by the 1D MA50/ aiming at $11.50Kava (KAVAUSD) is having a strong bounce on the 1D time-frame, with the 1D MA50 (blue trend-line) supporting. This is similar to January - March 2021 bullish leg that made a Higher High on the long-term Channel Up.
The Fibonacci retracement levels within the Channel Up play a critical part as you see. The last Higher Low was made on the 0.786 level and since March 28 the price has been trading within the 0.5 and 0.618 level.
As long as the 1D MA50 supports, the price action will form a Golden Cross. The medium-term target on that is the 1.236 extension around $11.50.
*Note: The MACD on the 1W time-frame is already on a Bullish Cross. Always a sign leading to a rally.
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KAVAUSD H8: 400% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
KAVAUSD H8: 400% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: KAVAUSD 8hour/candle chart review
::: updated outlook still valid today
::: CORRECTION MODE next 1-2 weeks
::: correction just started not OVER
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near my levels
::: entry - after 20% CORRECTION
::: up to 100% gains possible later
::: short-term pullback/correction
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +100% gains
::: details: see chart
::: FINAL TP is 100% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +100% gains 4.90 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/CORRECTION NOW
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
[15/01/2022] KAVA is going up !!!
Kava just broke above resistance(5.40) today
1. Volume(doubled) and consequently OBV increased over the past few weeks.
2. Momentum - RSI increased from <50 to >60
3. Trend - Moving average went into an Uptrend
Over the past 2 weeks as from December 30 till now, KAVA's value increased by 28.5% !!!
It's the perfect time to invest in KAVA !
Is KAVA about to Send it?Since January 15th, KAVA has twice tested it's December 2nd Resistance, in the process creating a couple bullish structures.
#1 The Double Bottom, clearly visible on a 1H time frame between January 15-17th.
This for me is an omen of more upside.
#2 Cup and Handle visible on a 15M time frame, while not of a textbook perfect shape, I consider it a valid Cup and Handle.
This one is of a special importance to me, IF the handle breaks through the December 2nd Resistance, I expect a sizeable move Up.
#3 A Symmetrical/Ascending Triangle visible on 1H time frame starting January 9th.
Quite a strong sign KAVA is still in the Uptrend
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
BINANCE:KAVAUSDT
BINANCE:KAVAUSDTPERP
BYBIT:KAVAUSDT
FTX:KAVAPERP
KAVA Correction Incoming?KAVA (KAVAPERP) has had quite a run up in the last +7 days, of around 45%.
Once again it has reached the top of the channel and is right in the Golden Pocket of Fibonacci Extension.
Taking into account that it's the weekend and confluence between Channel top and Golden Pocket, I expect a mild correction.
If the price breaks below 0.618:
First Target is 0.5 (~5.25)
Second Target 0.382 (~5.10)
Third Target 0.236 (~4.92)
When in trade I keep to a strict Risk Management plan and keep an eye on BTC.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
FTX:KAVAPERP
BINANCE:KAVAUSDTPERP