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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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...
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
Kava/USD pair just broke the neckline of the 'W-Shaped' pattern at $5.16 gaining nearly 77% in the past couple of days. Therefore the price if maintains the current bullish trend may retest the next resistance levels at $6.84 and later at $8. The price may also test the discovery phase and eventually end up smashing $10 in short term.
Can Stake Kava for 20% APR in Kraken.
What Is Kava (KAVA)?
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.
The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services,...
The last few weeks have been extremely volatile.
A lot of cryptos have broken down and lost bullish market structure on the micro time frames.
When in doubt zoom out, kava still looks great on the macro time frames and has just formed its HL.
Bullish market structure is still intact on the macro HH and HL.
Bitcoin is still highly volatile and until $42500 area...
![KAVAUSD: Gartley update [+40%]](https://s3.tradingview.com/e/E0W0i828_mid.png "Gartley update [+40%]")
