KAVA - Breaking out and Bullish Fractal = Retrace then profit.
KAVA saw good growth today, giving us the right arm of a bullish fractal.
Excellent volume on the breakout confirming there is likely to be further growth.
RSI confirms likelihood of retrace, tipping slight as entering overbought.
I expect a quick retrace down to our major EMA level, then likely back up to the ATH over the course of the next few weeks.
I suspect much of the DeFi sector will follow this pattern.
Excellent volume on the breakout confirming there is likely to be further growth.
RSI confirms likelihood of retrace, tipping slight as entering overbought.
I expect a quick retrace down to our major EMA level, then likely back up to the ATH over the course of the next few weeks.
I suspect much of the DeFi sector will follow this pattern.
Come hang out with me on telegram, it's free and I won't be too mean too mean to you:
t.me/KadnimCrypto
t.me/KadnimCrypto
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