logarithmic analysis is always better when dealing with parabolic moves. Looking at Kava on the charts, its looks like it healthy just being valued for its utility. Looking forward to higher highs. Kava is still in its first few steps of a very long and bright future.
Note
It's in tis 5th wave of an impulse wave. We could see some sideways action around the $5 mark. Then we would have to wait and see what comes next. I'd like to see this impulse wave turn into wave one of a larger impulse wave. But, no technical indicators pointing to that happening as of now.
Ask yourself 4 questions before any trade. 1. Cash On Hand, 2. Amount Willing to lose, 3. Earnings Goal, 4. The Timeframe it could all happen in.
Not financial advice. Do your own research, starting here of course!
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