Kava (KAVABTC) is displaying a young chart, so we have little information for our analysis... Still, we can do a good job, where do you think Kava is headed next?
We can see KAVABTC moving higher and breaking resistance after resistance... Its price is safely trading above EMA10 and gaining momentum.
The trading volume is low while moving up and green, which means that there is no seller's pressure and growth can continue to happen.
The RSI is very strong.
The magenta lines are the next targets... The levels at which KAVABTC will find resistance on the way up.
The blue lines are for support. This is where KAVABTC finds support/stops, if prices move down.
Right now the trend and signals are bullish and prices are going higher. As long as KAVABTC continues trading above EMA10 and moving higher, we remain bullish and aim for the next target.
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