On the given instrument the accumulation of volume near the level 0,75, though all market and the coin itself looks down, but locally inside the day I try to trade long. The targets are 0.8, 0.82 and 0.84. It is possible to divide the deal by 2 stops 0.73 and 0.715.
Support the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
The lower bound of red box most probably will work as resistance so i looking at bearish breakers around $0.69 . If the price loses red box, the price may dump more than we expect.
KAVA (KAVAPERP) has had quite a run up in the last +7 days, of around 45%.
Once again it has reached the top of the channel and is right in the Golden Pocket of Fibonacci Extension.
Taking into account that it's the weekend and confluence between Channel top and Golden Pocket, I expect a mild correction.
If the price breaks below 0.618:
First Target is 0.5...
Hi Traders,
I jumped into KAVA today and it gave well but I did close it at the double top scenario \ = wedge target.
Now I'm waiting and looking for another opportunity.
All the indicators show upward pressure.
Even though I see resistance here but also only a slight pullback for it to make new highs.
All the best,
S.SAri
