💎 KAVA has undoubtedly captured the market's attention. Presently, KAVA has broken out of the Descending channel and has entered a confirmed retesting phase. Observations indicate that after its retest on the resistance trendline of the channel, KAVA experienced a sharp upward trajectory, potentially aiming for the resistance zone.
💎 Should KAVA decisively surpass the notable resistance at $0.730 and sustain above it, there's a strong possibility for the coin to continue its bullish run, Probability targeting the supply zone and the bearish OB.
💎 However, if KAVA faces a setback at the resistance zone, it might retreat towards its proximate support to gather momentum. There's also a chance that KAVA could descend to the demand zone to build a more robust momentum for another attempt at breaking the resistance.
💎 if KAVA revisits the demand zone and fails to uphold its position, it could indicate a bearish trend. This would mean a potential downward spiral for KAVA, with the coin possibly gravitating towards its key support zone.
💎 Should KAVA decisively surpass the notable resistance at $0.730 and sustain above it, there's a strong possibility for the coin to continue its bullish run, Probability targeting the supply zone and the bearish OB.
💎 However, if KAVA faces a setback at the resistance zone, it might retreat towards its proximate support to gather momentum. There's also a chance that KAVA could descend to the demand zone to build a more robust momentum for another attempt at breaking the resistance.
💎 if KAVA revisits the demand zone and fails to uphold its position, it could indicate a bearish trend. This would mean a potential downward spiral for KAVA, with the coin possibly gravitating towards its key support zone.
Trade closed: target reached
Nailed it again - #KAVA is up 24.29%, right on cue!
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.