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DepecheG
May 8, 2023 6:56 AM

KAVA Long Idea bases on Channel, fib and OBV Long

Kava / TetherUS PERPETUAL CONTRACTBinance

Description

Check out Kava's chart! It's positively sizzling with excitement! Not only has it just touched the lower trend line of the channel, around the Fibonacci 0.786 level (ALTS seem To love Fib 0.786), but there's also a tantalizing OBV divergence taking place!

This is a prime opportunity for a potential buy signal, friends. Just be sure to set your take profit at the $1.50 area, and your stop loss below 55 cents to manage your risks.

So buckle up and hold on tight, because Kava is about to take you on a wild ride to the moon and back!

Trade closed: target reached

target taken trade closed
Comments
clllassic
you are crazy woow
Madoir
An excellent analysis and entry point. Also, fundamental news has been published for kava. The news of the start of kava 15. I don't know what it is, but it seems to be good news 😁. But your target seems unrealistic to me.
DepecheG
@Madoir i can see your point, but this idea is supposed to be swing, i would hedge short at every major resistence
DepecheG
@Madoir, how's my target now ))))
Madoir
@DepecheG, great work bro 🚀
DepecheG
Already up 10 % from time of posting
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