Kava just broke above resistance(5.40) today 1. Volume(doubled) and consequently OBV increased over the past few weeks. 2. Momentum - RSI increased from <50 to >60 3. Trend - Moving average went into an Uptrend Over the past 2 weeks as from December 30 till now, KAVA's value increased by 28.5% !!! It's the perfect time to invest in KAVA !
Since January 15th, KAVA has twice tested it's December 2nd Resistance, in the process creating a couple bullish structures. #1 The Double Bottom, clearly visible on a 1H time frame between January 15-17th. This for me is an omen of more upside. #2 Cup and Handle visible on a 15M time frame, while not of a textbook perfect shape, I consider it a valid Cup and...
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...
Kava on the 4hr chart forming an ascending triangle pattern with increasing volume. 3rd test of resistance on heavier volume. Looks like a breakout to the upside possible soon.
Another classic squeeze pattern in KAVA. Let's see if KAVA can break above resistance and flip $5 into support
KAVA finally broke out of descending trend and confirmed exit at the fib. Let's see if price action can regain higher levels.
Doesn't matter which coin I used, KAVA was picked at random for back testing. The 7, 30, and 100 are used for trend analysis. When both the RSI and MFI are in confluence with support, that is the entry trigger. When above the 7, 30, 100 ride the trend and only exit when bear div on 4hr is apparent, MFI RSI in confluence at overbought, price drops below the 30....
In the weekly timeframe we have a classic starting diagonal that was completed last August. We are now correcting the whole uptrend from March 2020, in a zig-zag. Normally we would have a 100% extension from waves A-B, which would take us all the way down to the $2 region (yellow rectangle). Of course, the 100% extension is not a requirement for a zig-zag, but...
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Quick Trade. --------------------------------------------------- Trade Plan --------------------------------------------------- Buy Zone 1 : 5.40$ ( 25% invest ) Buy Zone 2 : 4.50$ ( 75% invest ) Stop Loss : 3.90$ OR Full Rebuy 3.10$ ( add +100% invest ) --------------------------------------------------- Happy Tr4Ding!
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
It looks like this may lose most of the gains it made today is shooting a few hints on the chart that it's a little tired.
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...
that s my idea for Kava being on a massive leading diagonal since March 2020
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