KAVA - Punch Up Soon?

KAVA has been one of my favourite crypto's in terms of profit.. It has very consistent moves and once it starts going it tends to finish the move.

Inclusion in a few liquidity pools means lots of demand right now.

Price is low ATM great time to snap it up.

Heading to bullish on the MACD 1D, may turn bearish on the 4H.

Stoch isn't in over bought yet on 1D, near over sold on 4H. Short term gains incoming?

Volume is low ATM. If the market pumps continue this will start soonish.

Below the red EMA's on both charts. I should make that EMA green, because it's basically the money line.

Might be able to catch a bounce based on 4H, but best plan would be don't bet the house on it and plan to reload a smaller initial long if it bounces. Bottom support rather unlikely to break, but set an SL below it just in case. Nothing is certain

TP's
#1 - 0.00022 (EMA on 4 HR)
#2 - 0.000237 (EMA 100 on 1D + fib level)
#3 - 0.000282 (fib level + previous spike)

SL: 10% max from here. I don't see it going past the bottom.

Be safe, good luck. This is not financial advice.

Comment:

tp #1 hit :)