KAVA/BTC - Kava: Resistance_Breakout_Confirmation

BINANCE:KAVABTC   Kava / Bitcoin
◳◱ A Resistance Breakout and Confirmation has been detected on the CRYPTOCAP:KAVA / BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.00004299 | 0.00004862 | 0.00006386, and the major support zones can be found at 0.00002775 | 0.00001814 | 0.0000029. Consider entering a trade at the current price zone of 0.00003846 and targeting higher levels.

◰◲ General info:
▣ Name: Kava
▣ Rank: 79
▣ Exchanges: Binance, Huobipro, Kraken, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Kava is a fast and secure Layer-1 blockchain featuring a unique co-chain architecture that combines the speed and interoperability of the Cosmos SDK with the flexibility and developer support of the Ethereum Virtual Machine (EVM).
Kava has a native governance and utility token, KAVA, that can be staked by validators or delegated to validator nodes.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.00003846 ₿
▣ 24HVol: 8.563 ₿
▣ 24H Chng: 6.478%
▣ 7-Days Chng: 11.60%
▣ 1-Month Chng: 21.64%
▣ 3-Months Chng: 11.10%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.00004299 | 0.00004862 | 0.00006386
◢ Support: 0.00002775 | 0.00001814 | 0.0000029

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: -0.08
▣ Last 90D: 0.11
▣ Last 1-Y: -0.57
▣ Last 3-Y: 0.76
◲◰ Volatility:
▣ Last 30D: 0.95
▣ Last 90D: 0.88
▣ Last 1-Y: 0.96
▣ Last 3-Y: 1.34

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.67 - Bullish
▣ Reddit sentiment score is 0.58 - Bullish

▣ In-depth KAVABTC technical analysis on Tradingview TA page

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