KAVAUSDT trade ideas
KAVAUSDT | APPROACHED TO SUPPORTKAVAUSDT has been trading in a bearish trend . The price has been making lower lows and lower highs.
Now after breaking some major support, price has approached to strong horizontal support zone .
The price has printed bullish divergence on RSI too.
. The bulls can take control from here.
Manage your levels accordingly.
KAVAUSDT is testing the key level
The price is testing the daily resistance above the monthly support
How to approach it?
IF the price is going to lose the current support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
Kava (KAVA) Price Prediction 2022 Kava (KAVA) Price Prediction 2022
Kava (KAVA) holds the 106th position on CoinGecko right now. KAVA price prediction 2022 is explained below with a daily time frame.
The above chart of Kava (KAVA) laid out a descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend. It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level, the bearish trend would be sustained.
Generally, a descending triangle pattern indicates the reversal of an uptrend or the continuation of the downtrend. Traders keenly look out for a significant breakout point.
Currently, Kava (KAVA) is at $0.878. If the pattern continues, the price of KAVA might reach the resistance level of $1.076 . If the trend reverses, then the price of KAVA may fall to $0.797
Happy Trading
Kava. io formed bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token with US Dollar pair.
Previously after reaching the sell zone, the priceline moved down:
Now on a 4-hr time frame, GTC is about to complete the final leg of a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KAVA - Possible inverse head and shoulders (Risky)Possible long formation on KAVA as recent price action is showing an inverse head and shoulders pattern and price recently broke out from a descending trendline with decent volume action
Possible long setup
BUY: CMP
TP: $1.0095-1.0391-1.0668-1.1111-1.1649
SL: $0.955
Kava. io formed bullish Gartley for upto 17% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token with US Dollar pair.
Previously priceline of KAVA slightly dropped but recovered soon and pumped well.
Now on a daily time frame, KAVA has formed another bullish Gartley move. At the moment, the priceline is slightly geared up, therefore, we can wait for some correction to buy it within the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#KAVA/USDT - Long - Potential 27.83% #KAVA/USDT provided by the pro trader BlockParty SPOT|USDT
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: DCA Limit
Invest: 5%
Exit:
Target 3 : 1.798 33.28%
Target 2 : 1.604 18.9%
Target 1 : 1.463 8.45%
DCA Entries
Entry 1: 1.402 - 20%
Entry 2: 1.372 - 30%
Entry 3: 1.314 - 50%
Current market price: 1.401
Stop: 1.245 (-7.71%)
Technical indicators:
24h Volume: 11067226.2341
Satoshis: 1.401
Falling wedge breakout, coming in from oversold, cycle bottom.
Trade: KAVAUSDT 03/11/2022 15:34
Account: SPOT
Volume last 24h: 11067226.23 USDT
KAVA Analysis and growth potential ( Fundamental + Technical )Hi friends.
Lets take a look at this incredible Altcoin and the coming upgrade KAVA 11 !
KAVA is a safe and scalable Layer 1 network and ecosystem built with the Cosmos SDK.
Kava Network announced on Twitter that Kava Liquid Staking would begin on September 8th with Kava 11.
It aims to help mainstream people see the value of DeFi by offering a trustworthy home for best-in-class DeFi services that can grow to meet global demand.
Now...
lets take a Technical view:
Like you can see in my chart we are in an important support zone.
and the price is moving in an ascending channel.we are in the bottom of this channel;'
also we are safe on the 50% retracement of the past impulsive wave and the price
Bounce from this level i think.
if the price Bounce from this level it can reach 2.30 or 2.40 targets;
however you should set your stoploss in below of this level and two recent bottoms (1.36 level)
the next target is 38.2% of recent correction that landed around 200MA (2.80 level)
Hope you have good trades.
dont forget to control your risk.