KAVAUST trade ideas
KAVAUSDT is testing the weekly support. 🦐The price is testing the weekly support inside the daily descending channel. If the price will have a breakout on 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
KAVA/USDT Price AnalysisKava/USDT may directly approach the upper resistance or may make a correction at support and then pump.
This is not a FINANCIAL ADVICE!!!
This analysis is on chart patterns.
🔥 KAVA Symmetric Triangle SpottedKAVA has recently seen some immense growth. Since then, the price has been consolidating and formed a triangle pattern. Seeing that the price grew immensely the 12th, I'm interpreting this triangle as a bullish continuation pattern. Looking at the current positive market conditions, I'm confident that we will see more of KAVA soon.
Happy trading!
R we r going to towards 10 usdtR we going towards 10 usdt keep watch on Kavausdt it may go upside like Lunausdt
KAVA.USDT (Y21.P2.E1.v1). Under the radar. Don't miss itHi Traders,
Kava slipped past me.
Broke the top resistance and is now testing it.
It should go now, at least the height of the structure.
All the best,
S.SAri
KAVA Long Breakout Wave 2 + Fundamentals[ENG]Sooo Kava had some consolidation in a triangle pattern that is clearly visible on 1-2-4 hour charts after its recent breakout.
Fundamentals:
I don't think this is the end of the run as multiple good news surround the strong fundamentals of the coin.
-Increased AUM
-250k new users
-Record breaking adoption numbers
-Mainnet Upgrade 5.0
-Do your own DD to understand why coin behaves in manner X Y Z
-Huobi Integration grows
-Incentives on the testnet starting tomorrow
Technicals:
Fakeout Breakout pattern with limited downside.
Recognizeable patterns
I think here we have two possible entry levels.
I will be:
1) Waiting for confirmation on the 4h after a breakout over 6.73 and closely monitoring how the 1h candles to find an entry.
2) In case of a pullback i can enter at entry 2 points one at ~5.90 one at 5:30 that show limited downside and monitor price action.
SL's i will place below breakout or key resistance level to provide a good upside potential to the trade with a sizeable chunk of capital without much downside.
Not financial advice.
Curious to know your opinions :)
Kava is pumping, Buy it Now 07/02/2021I believe the chart is intuitive enough
we defiantly are going to have more TPs
comment is any confusions...
