Kava / TetherUS
Updated

KAVA is bearish (4H)

246
KAVA has been consistently making lower highs and lower lows in the swing structure for some time.

Now, a major base has been broken, and a Flip zone has formed. There are also liquidity pools below the chart, which we have marked.

From the supply zone, it can move toward the targets shown on the chart. The targets are clearly marked on the chart.

A daily candle closing above the invalidation level will invalidate this analysis.

Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Trade active
After hitting our target zone, the price dropped over 14% and TP1 was reached.
snapshot

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.