AlanSantana

✳️ Kava Rebound Points To Easy 40%, Up To 100% Possible

Long
KRAKEN:KAVABTC   Kava / Bitcoin
We found this one thanks to TradingView community on the front page... Very smart individuals we have in this community... They know exactly what to look for... Thank you!

Kava vs Bitcoin (KAVABTC) went oversold on the RSI for the second time in less than two months.

At the same time this is happening a bullish divergence shows up, increase in trading volume, a negative 9 on the TD Sequential followed by a bullish jump.

This bullish jump is forming a candlestick pattern called the morning star... All these combined is a strong reversal signal.

Daily candle closure green/above EMA10 is needed for good/strong confirmation.

This bounce can lead to easily to 40% but there can also be more.

Namaste.

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