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BlockchainBreakdown

Kava VS USD - Head and Shoulders potential buy zone

Short
Kava / TetherUS (BINANCE:KAVAUSDT)  
BlockchainBreakdown  
BINANCE:KAVAUSDT   Kava / TetherUS
Chart Patterns Technical Indicators
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chartpattern indicator
This is a longer term target, if the H and S breaks down, and close well below its current level (and depending on how BTC/USD behave) I have a target lining up with the .23 Fib which could line up with the 300 daily ema and would back test prior resistance. The Defi bubble may not have "popped" but it is absolutely cooling off and could go through a realistic valuation phase back to prior prices.
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