Fibonacci levels indicate that next cycle of KAVA can give up to 1000% return.
FIRST TARGET : 9.65
SECOND TARGET : 14.90
LAST TARGET : 20
Stop loss could be between 0.73 and 1.17
Useful System:
-Watch 7 days moving average. If daily candle closes below it, be more cautious.
-If the price drops to below 20 days moving average and closes below it significantly, take your current profit and leave until it backs above it.
Tips :
-Always take profit on the way up , price will definitely not increase forever.
-Don’t be too greedy when price moves up or don’t panic when it decreases. Relax and control your psychology.
-Make plans for every possibilities, it is not 100% accurate that what we think will happen.
-Don’t try to catch up the exact deep or exact peak.
-Don’t buy everything you found in the market.
-Don’t listen everybody who claims to be a trader or financial advisor. (Mostly avoid who is 100% sure about what they believe).
-Remember, market cycle works with human psychology and everybody’s psychologies are similar, (including you).