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ProjectSyndicate
Jun 28, 2022 12:24 PM

KAVAUSD D2: 255% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW) Long

Kava / US DollarBinance

Description

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KAVAUSD D2: 255% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: KAVAUSD D2/candle chart review
::: HIGHER RISK SETUP USE TIGHT STOP LOSS
::: further losses short-term
::: expect BEARS to target 1.20-1.40 USD
::: however strong bounce after correction
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later near 1.20-1.40 USD
::: BUY LOW near 1.20-1.40 USDusing tight SL
::: currently correction in progress / no upside
::: dump until July/August 2022
::: for now stay out / wait for better entry price
::: up to 255% gains possible later
::: short-term pullback/correction
::: is possible / likely
::: however chart looks good for BOUNCE
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +255% gains
::: details: see chart
::: FINAL TP is +255%
::: recommended strategy: BUY/HOLD 1.20-1.40 USD
::: TP BULLS +255% gains / 4.40 USD final TP
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/STRONG BOUNCE
::: Sentiment short-term: CORRECTION/1.40USD

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comments
mastershark
🦈🦈🦈
ProjectSyndicate
Solldy
Thanks for sharing your idea! Great description with good technical analysis. I wonder what metrics you look at initially when analyzing?
ProjectSyndicate
@Solldy, sure
truthfulPie1984
You are the only person I am aware of who believes the bullrun is still not over!
As they say, the bear market will be over when the last bull admits its a bear market! ;)

Thanks for your analysis!
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