KAVA USD pair expected to X10 in 2021Another alt looking great on the monthly chart.
Notice that:
- We have a clear parallel channel where we can see strong support and resistance lines.
- 1.2 usd looks like a strong support area, as it was previous resistance.
- If Kava repeats its previous run pattern, we´ll see a X10 move soon.
Remember that Kava labs has strong partnerships in the industry and its platform is based on Cosmos. Plus, we are in a price discovery phase as we have never seen this coin performing in a BTC bull market.
Kava
KAVA Descending WedgeThis one looks like a great set up. There's been some huge volume and then a steady decrease during this descending wedge .
At the moment on lower timeframes it is edging along the top resistance, which is a good sign
Wait for a breakout, retest and resumption on at least the 4Hr chart.
Depending where it breaks the wedge (I'm guessing it will be tomorrow), a measured move should take it somewhere around the first major resistance, which is a bit of extra confirmation that this move should play out.
I won't take any profits there as this looks like a big accumulation that will fly.
I will take 50% of profits at Target 2 and then let the rest run as high as it can, with current target somewhere in the range of 3.5 - 3.9
If it can break the second target, it's got a pretty clear run to at least 3.5
KAVABTC at major support, Expect 300% returnsKAVA is at the major support zone. The team is continually working on the developments of the coin. KAVA has good news coming on 30 December and we may see a good rally in the coin.
Buy Range: 8150-8230
Target: 8800-9500-10300-11100-12700-14300-15700-17200-19600-22100-24000-28000-31500
Tight Stop Loss: 7480
KAVA.USDT (Y20.P5.E1). Waiting to enterHi All,
This is a continuation of the previous post.
Time is here.
Note the following:
> 0.618 support \ bounce area on the macro.
> Macro expanding fan formation, bullish.
> the squeezing of the candles on the daily
> many alts have gone first
3 levels of target, based on support\resistance and fib levels, etc.
All the best,
S.SAri
Note the EMAs on the daily.
KAVABTC (Falling Wedge Formation in Day Chart)KAVA/ BTC currently trading at 0.0009900
LONG Entry Level: Above 0.00012500 (Only Enter Long After 1 days candle close Above Resstance level at 0.00012500 )
STOP LOSS ( support): Below 0.00008100
Resistance Level 1: 0.00023000
Resistance Level 2: 0.00028900
Resistance Level 3: 0.00038800
Resistance Level 4: 0.00046600
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
KAVA 1D Volume zone of accumulation $0.80-1.20 beckons to itselfSince the publication of the previous KAVA idea , there has been the news, good and bad:
- The good news is that the announced Mainnet launch in the previous idea took place on time and without bugs, KAVA 4 is live.
During this time, there have also been a number of collaborations with other projects. And the Binance exchange organized a competition with prizes for those who trade KAVA.
- The bad news tells us the current realities regarding the Kava token. Positive and productive news background could not only to push the price up, but even to keep it above the level $2.
When the price fixed below $2, sellers got full control over the situation. They pushed the price down, clearly to $1.19 where the lower target was.
Further, the competition from Binance and the BTC growth were able to push the Kava price up to a strong mirror level $1.73. Previously, only for 3rd time it was possible to break it down.
But, while the Kava cost is below the zone $1.84-2.00 , sellers control the process.
Most likely, sellers aim to lower the price into the accumulation zone $0.80 -1.20, where during the last year there was a powerful Kava accumulation twice.
_________________________________
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We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Trading ETH, VET, KAVA_USDT (Y20.P4.E8).OpportunitiesHi All,
I see a long opportunity in this 12 HRLY chart. Look for a bullish candle or combination of a bullish trio candle setup (smaller time frames) before taking the trade.
Also a shorting opportunity with VET.USDT. Similarly look for a few touches on resistance before taking the trade.
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Similarly with KAVA, 1st we need to see it break this to the down side before taking the trade. However its one of those I believe is 50/50 either way.
Need to see what takes place on the line
All the best.
Cheers,
S.SAri
KAVA - Retesting Key Support, Quick 20%+ likely!KAVA has been crashing around it's key support for a few weeks now, in a declining triangle; which as we've seen can go either way.
As we've seen with the last two bounces, we're likely to hit up from where we're at now to the upper resistance line.
RSI is ripe for reversal
MACD has shrinking bearish deviation and is heading to bull cross
volume has been dropping over the sell
EMA's 100& 50 are both by the upper resistance line,
We just went below EMA 200, which has been a pivot line 3 times in the last month and a half.
Should be pretty clean; set your stop loss below the support level , if it goes south it'll be a hefty decline.
There's a chance we'll move up to the green demand zone as we have been ranging here for a good while. But safe bet is catch the upper trend-line as TP.
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KAVA/BTC (Will Key Support Hold?)💎Technical Analysis Summary💎
BINANCE: KAVABTC
-KAVA is back at a key level of support after toping out from the 23000s sat area
-This is not a good sign in terms of bullish price action
-If this level of support becomes weaker, it will likely to breakdown soon
In-Bearish scenario, the next key support is somewhere around 12000 sat area
-Always prepare for both scenario of the market
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