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KAVAUSDT trade ideas

Kava (KAVA): Bearish OutlookIn my recent post, I have drawn a bearish outlook for Bitcoin. Hence, it's fair to re-evaulate my EW count on some previous posts. It should be noted that I'm by no means an expert on EW analysis, so any feedback would be much appreciated. For Kave I made some slight EW adjustments and some dubious speculation on where this altcoin may bottom. In my view, Kava might still be correcting on a larger degree (intermediate): double three (WXY) or even a tripple three (WXYXZ). Wave X already made a 50% retracement of Wave W and it looks like we are heading down for Wave Y. Whether Wave Y will present itself as a double three, a zigzag, a flat, or a triangle is to be determined. If Wave Y = 100% of Wave W, this correspond with a 50% retracement in Wave 2 (Primary) and could lead to a price target of $1.48. -If you agree with this, like and share. Cheers.
by SaintJokel
2
KAVA BUY SIGNAL$KAVA BUY SIGNAL $KAVA has reclaimed above the resistance trendline on daily TF with bullish run. The three MA are below the price action with 7MA and 100MA birthed Golden Cross. Our Fibbo printed 0.238.Successfully the Bullish broke through the dotted resistance I setted last night. and since the broken up, it has printed 2.5%. Send it up-#Gbera -Buy Area: $4.6 - $4.9. You can surely buy at the spot. My personal target is 95% profit -Sell Area : TP1-$5.8, TP2- $6.4, TP3-$8.6 . Better still, you can drop the bag from $6 above Ebino #DYOR
by mmmgmavrocore1
💡Don't miss the great buy opportunity in KAVAUSD @Kava_SwapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (4.445). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . KAVAUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 57. Take Profits: TP1= @ 4.936 TP2= @ 5.233 TP3= @ 5.578 TP4= @ 5.828 TP5= @ 6.286 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
6
💡Don't miss the great buy opportunity in KAVAUSD @Kava_SwapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (4.445). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . KAVAUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 4.936 TP2= @ 5.233 TP3= @ 5.578 TP4= @ 5.828 TP5= @ 6.286 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
Again, KAVA arrived at the most dominant zone of panic sellers Kava token looks bullish on a weekly time frame; Conversely, a minor rejection phase is seen below the downsloping trendline. Kava's trading volume is not substantial during a bullish trend compared to the current rally. Kava investors are barely keeping the asset price above the key moving averages. The KAVA token is looking above important moving averages including the 20,50,100 and 200 EMAs in the reference of the daily price chart. And the bulls barely try to maintain the asset above the 200 EMA. During the recovery, the daily RSI has breached the half-line (50-point) and moved into overbought territory, but now with the consolidation phase, the RSI is at 63 which is still bullish. The MACD indicator gave a crossover in the positive zone last night. This bearish crossover will fail if the bulls keep Kava above the 200 EMA. An sloping trendline is attacking the crucial resistance area for panic-sellers and the MACD has given a bearish crossover. Now the Kawak holders have to gather more force to circumvent this bully barrier. Support level - $3.0 and $2.5 Resistance level - $5.5 and $6.5
Long
by TheCoinRepublic
Is KAVA heading towards $6 after retracement? Bull Flag spotted?Kava is based on Cosmos and ensures network integrity through a Tendermint-based proof-of-stake (POS) consensus mechanism. It confirms transactions through a network of validator nodes. The system is governed by KAVA holders, who vote on smart contract and operational parameter suggestions. Kava holders can run a staking node to directly obtain KAVA rewards via the protocol. However, these benefits are only available to the top 100 Kava nodes (also known as validators). KAVA holders can also stake their tokens on exchanges like Binance, Kraken, and Huobi Pool, as well as in wallets including Trust Wallet, Cosmostation Wallet, and Keplr. 1)Bullish Scenario: KAVA broke the bearish downtrend line on the higher time frame like daily(D) and is trading above the support zone of $4.01. If it stays above this zone and the resistance level at $5 is broken then we could start seeing a move towards $5.50, $6.25, and above. 2)Bearish Scenario: We are seeing early signs of strong bullish momentum but can’t ignore the bearish scenario completely. On higher time frames such as monthly(M), KAVA is still in a downtrend. So failure to hold the support at $4.01 and breaking below $3.30 could lead to a drop towards $2.60 and below.
Long
by AltcoinBuzzTrading