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MasihNabizadeh
Oct 24, 2022 2:09 PM

KAVA near overbought zone Short

Kava / TetherUSBinance

Description

As it is clear in the analysis, there is a huge resistance and order block near 1.6 at KAVA, MFI is already in the overbought zone at the 4H timeframe but the RSI is reaching to the 70 or above (at the same timeframe). I suggest to put a short order near 1.6.
Comments
usefulApple18545
is your analysis still valid?
MasihNabizadeh
@usefulApple18545, why not? It is totally fit until now
usefulApple18545
Ftxmoseseli600
nice chat
MasihNabizadeh
@Ftxmoseseli600, thank you
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