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Kava vs Bitcoin (KAVABTC) went oversold on the RSI for the second time in less than two months.
At the same time this is happening a bullish divergence shows up, increase in trading volume, a negative 9 on the TD Sequential followed by a bullish jump.
This bullish jump is forming a candlestick pattern called the morning star... All these combined is a strong reversal signal.
Daily candle closure green/above EMA10 is needed for good/strong confirmation.
This bounce can lead to easily to 40% but there can also be more.
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