Nothing much to say about that post, everything is in graph and TP is unchanged from my last Kava Analysis.
i will just quotes Mr.Rockefeller :
- "Buy When There's Blood in the Streets"
Happy Tr4Ding!
The weekly chart of #Kava!
It's absolutely clear that the potential return is higher than the risk.
Even if the price touches the blue 50 MA and the bottom line of the channel, the chances to bounce and chase the upper one, during the upcoming ALT season, are enormous!
I recommend for staking, as some exchanges give 20% ! , but if leveraged, you can put a stop...
KAVA has been consolidating for a while.
Once that YELLOW trendline is broken and confirmed that should open some good attention and trade opportunities.
Those indicators RSI, MACD, SQUEEZE all look ready to pump.
Good Luck
Kava has been one of my main holds for some months now.
I have been accumulating since the crash in June and new highs have been reached since.
I expect a little correction in the short term, I'll be adding at $7.30 and at $6.70 if we get there.
Bitcoin looks like it is cooling off and this means alts will follow I expect $44000 to be a good support area.
apy aping gonna inflate the price short term+safu project=high confidence=short-lived consolidation=higher avg price/new aths
imminent breakout across several indicators and is bouncing off 20d ema in the daily.
chart shows grand cycle as long term analysis validates short term
Daily Chart outlook. Strong Chart Buy low. recommended strategy: BUY/HOLD after pullback .TP BULLS +400% gains. SWING TRADE: BUY/HOLD IT. bull run not over yet. BUY/HOLD and get paid. period.
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Kava is still holding up well and I expect further upside from this coin in the coming weeks.
It has formed a new higher low and I am expecting it to form its first higher high in some time.
Btc is still a little volatile and needs to break out of its range before any continuation for alts.
A breakout and retest of the falling wedge is another sign of bullish...
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Kava looks poised for a move up and looks like it is breaking out of a monthly falling wedge.
Kava is one of the best looking coins and has held up really well during the crash last month
Kava looks bottomed and has formed its first higher low looking like a trend reversal since its crash in in late may
Current price of KAVA is $4, when it moves to the resistance level at $7.30, that equates to 82% ROI. If it moves from $3 to $7.30, then we have 143%.
Right now, KAVA market is ranging between $3 and $1.73. Price is currently making an effort to rise back to $1.73 but there is resistance ahead of it represented with the blue trendine.
If price break this...
KRAKEN
![KAVAUSD: Gartley update [+40%]](https://s3.tradingview.com/e/E0W0i828_mid.png "Gartley update [+40%]")
