Price previously dropped and left a 3h supply zone around $2.65 and it is currently close to tapping into the 2h demand zone at $2.32. MACD is showing bearish weakness, RSI is sold and EMAs are turning bearish. This demand zone should be able to hold else we would expect price to fall towards the next major 2h demand zone around $2.
KAVAUSDT price moved aggresively in previous hour as Bulls trying to break the falling trendline. But there is a resistance ahead, if aggressive volume come at resistance we could see an upward surge up to next resistance level. Keep Accumulating
KAVAUSDT , I entered into a long trade at 1.929 and now the trade is in profit, by placing a Stop-Loss at the 2.208 I have made trading Risk-Free with good profit and this is the good trade plan for trading !!
HI TRADERS kava about to breakdown bottom of channel and important istatic zone , IF daily candle break channel and istatic we can have that scenario otherwise it can recover from this zone , make sure comment below your idea ... PEACE
this is a principle : each asset have its own plan !
Kava is moving up in opposite direction of other asset if you want to know why you have to ask kava market makers .
i have the first target for 4.148 $ for this asset . and i think it will have ATH about 17 JUl 2023 .its soon for predicting the target but my estimate is about 14 $
I Have Tried My Best to Bring the best Possible outcome in this Chart.
By temporary sales pressure decreases,
We have a short-term trading opportunity setup.
This is not financial advise.
With hopping success>>>>>>>>>>>>>>
KAVA / USDT
Break your descending channel downwards and return to the pan.
If it fails to break its $ 2.85 resistance, we can expect the $ 1.85 range to fall.
If it manages to break its resistance to the $ 3.5 range, we can see an increase.
KAVA look's like make a ascending triangle we can setup entry after breakout or when retest to resistance become support , big buy volume on resistance at the time EMA 20 golden cross with EMA 50 so potential breakout
MACD showing bullish crossover
Buy zone : 2.65 - 2.5
Target : 2.786 - 2.966 - 3.282 - 3.503
Stop : 2.4
⏰ Time Frame : 1D
⚪ The price is moving in the downtrend ,
And has not been able to break the trend completely yet.
🟢 If the price breaks above the trend, The next resistors are shown.
🔴 Otherwise support area are valid. And as long as the support area is maintained, we can hope to climb.
⚠️ The chart is in log mode
✴️ All Supports and Resistances...
There is a lot of news about this currency code these days. On the other hand, the bitcoin decline process is coming to an end and this currency code can give good profits to its shareholders.
Your constant friend Manouchehr Azar from Iran
Kava's Evm launch tomorrow. It is going to add some value to their L1 space. Possible 10%-50% gains.
possible resistance $3.4 range
possible target $4 -4.5
sell under $2.4
possible early good entry point $2.7-$3
I'm not sure how if this can go up too much, after all the last two 4h candles and last 3 daily candles had a lowering volume, however that's a breakout. This might stop right here or touch the resistance up there.
My thought is that it's stopping right here and is about to retrace.
The Price got a rejection from the 0.786 Fibonacci level and created a double top on 2.67$
On the 4h timeframe, the price is testing the previous low on 2.36$
How to approach?
IF the price is going to lose the support and create a new lower low, According to Plancton's strategy , we can set a nice order
Keep in mind.
🟣 Purple structure -> Monthly...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KAVAUSDT
The price has entered a descending channel and at the moment, it is fluctuating below the first resistance line. Here we must wait for a confirmation candle by which the price is able to move over the first resistance line. Then we will consider a...