Let me start by saying that the long-term target can end up being much higher than 800%...
Here we are looking at Kava vs Tether (KAVAUSDT) and we have the same dynamics as we saw back in 2020 before a major bull-market.
A consolidation channel breaks down producing a strong bottom. This bottom signals the start of a major bullish-phase. In 2020/21, KAVAUSDT grew 3,736% in a total of 539 days.
We have a long-term higher low based on candle wick. We have a long-term lower low based on candle close. We have a long-term double-bottom in general.
The market is better now, Crypto that is. The market is stronger now, growing and evolving. The market continues to mature.
Fiat is worth much less now compared to 4-5 years ago... We have potential to hit a new All-Time High in 2025, it wouldn't be surprising at all.
Expect maximum growth.
You are likely looking at the bottom for this Altcoin trading pair, KAVAUSDT.
Once we hit bottom, there is no other place left to go but up... And up we go!
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