- Till now $4.50 seems to be holding well for Kava after testing it.
- Most likely we gonna complete the uptrend till the above of the channel.
- Look at the channel on the chart, u will get that we r trying to break $5.95 resistance.
- An estimated pullback from $5.95 to $2.40 within June. ( about 60% down)
- On very short-term we r bullish .
- for long-term holding, should add bags in the dip n prepare an exit strategy is a must .
- If we moved as expected on the chart, it will be a good indicator to see a rejection bearish daily candle at 5.95 resistance.
- The best time to buy, when the wave ends at $1.33.
- For me, will sell all my kava at the top of the channel n will short above 5.90.
- After we gonna break $4.40 support we will see $2.40 straightway.
- DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
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