KAVAUSD and other Altcoins with massive Head and Shoulders Pattern.
This will drag down KAVA and frustrate lots of holders. DEFI was a bubble which burst.
Again hype was such a huge signal for the whole crypto space.
With the uncertainty regarding US elections, Covid-19 the stock market already started it's correction and so will the Crypto sphere.
Here is a contrarian speculative Long on KAVA, with a somewhat decent R:R ratio.
Mandatory STOP under support, as there's an extremely high risk of H&S confirmation.
This is a HIGH RISK contrarian trade, being stopped is a possibility and success is not assured (especially if BTC sinks) .
Do your own diligence, then decide.
Kava is bouncing at the $2 USD support level, near the 61.8% Fibonacci Retracement Level, MACD is just starting to give a buy signal, RSI is ticking higher. The previous decline from the $5.82 USD level was with decreasing volume, and this seems like a good place to go long.
In Elliott Wave Terms, we had a 5-wave move to the upside, followed by...
This chart is just an example of this strategy, go try this out with your shitcoins!
This is simple buy startegy for bull markets (1D,USD charts).
Buy opportunities are based off RSI and EMA200 close only.
1. When a shitcoin crosses over EMA200 properly, and bull market is starting, its time to start using this strategy!
2. This asset now needs to stay above...
I post the image twice because I'm still getting used to this interface. I digress...
Kava is getting ready to make a big move. SO LONG AS BITCOIN DOES NOT DROP , I'm expecting quite the show. $Kava to a new high of about $7.50 and here is why. It's payday around the globe. In places like Spain, India and other...
KAVA is keeping pace and the MA flip flop is proving to be a relevant indicator. We could see another 50% gain in price in time for the next crypto-payday promotion. It's hard to believe, heck, I barely believe it but, numbers backed by historical performance tend to come in close in the future. Icing on the cake would be a Coinbase add. May still be possible...
The last time this happened was on Aug 3rd, KAVA over the next 7 days rn up by 140%, with that same level of enthusiasm, Kava could find itself at $7.50 by Wednesday this coming week; possibly temporarily hitting as much as $10. But what does your crypto analyst know? Only time can tell, ball are on the table, this is quite the claim, let's see how this plays out....
I'm trying to look past the shifting of funds and remember the end game. Kava will likely be at the top of its next breakout Wednesday next week. two reasons, Fiat payday, and Crypto-Payday. Hopefully some technical news on their progress or partnerships are shared. If a Coinbase listing happens we could see well beyond these projections. Let's hope the dev and...
The sentiment points towards another bullish run if KAVA can survive turn-around-Tuesday. So long as there are not two consecutive major self-offs pushing it under the red line for more than 36 hours it will continue to push up against the $5 mental ceiling. Wednesday's Crypto-Payday promotion will likely bring in an influx of new hodlers if the USDX limit is...
logarithmic analysis is always better when dealing with parabolic moves. Looking at Kava on the charts, its looks like it healthy just being valued for its utility. Looking forward to higher highs. Kava is still in its first few steps of a very long and bright future.
Confluence with 50% fib retracement and and Tenken Sen (fair value)
Stoch consolidation at 86ish
as well MACD peak divergence
Yes seems a lil early
T/P2 $3.30ish (50% fib retrace/ichi fv)
Profit All Ways!!!
$KAVA is looking solid right now - crossing blue resistance line will turn it to Major Bullish Sentiment as it was previous the strongest Support line. It completed a IH&S cycle for about 135days and if it continues to replicate the same pattern for the coming 135days minimum we can lead to $10 target. we have to see how it plays out for the coming weeks as it...