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evasivesteering
May 17, 2023 9:13 PM

Long KAVA  Long

Kava / TetherUSBinance

Description


I'm Long on KAVA here.

Although prices are under the trendline resistance, huge buying volume are saying something.

It seems like people have been accumulating KAVA. Actually, mainnet launch is imminent.

A referenced set-up is in chart with TPs (in blue) and SL (in red).

Comment

+15% since entry.
Trendline was broken. Now KAVA is trying to break the darvas box.

Comment

+65% since entry
TP1 & TP2 done

Comment

KAVA is consolidating above the darvas box.
In my opinion, on can consider a scalp trade as below. Be attention that BTC is right under the trendline resistance as in the latest update of my post "BTC possible distribution phase"

Trade closed manually

wait for better condition (concerning BTC)
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