KAVAUSDT Uptrend Confirmed!KAVAUSDT Technical analaysis Update
KAVAUSDT currently trading at $5.25
Trend Line Breakout.
KAVA is looking more bullish compare to other altcoins, it's already gone up 160%+ from the bottom.
in the above chart, you can see KAVA broke its resistance line. we can confirm that breakout based on volume increased continuously and daily candle closed above the resistance line.
Before the price goes up we can expect a small retracement
Buy level : $4.50- $5.10
Stop loss: $3.20
TP1: $7.00
TP2: $8.00
TP3: $10.00
TP4: $15.00
Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves risk of losing the entire invested money.
Hexatrades
ZENUSDT Wedge Pattern Formation!ZENUSDT Technical analaysis Update
ZENUSDT currently trading at 53.75
Wedge Pattern Formation.
You can see in the chart four times it reversed from the resistance line and three times bounce back from the support downtrend line. After 60 days of continuous 75% correction finally, it breaks the wedge pattern (resistance line), we can confirm this breakout because the daily candle closed above the resistance line and volume also increased compared to the last 30 days. I'm expecting a small retracement in few days after that we can expect an up move.
Buy level : $50.00- $55.00
Stop loss: 39.00
TP1: $72.00
TP2: $85.00
TP3: $115.00
TP4: $160.00
TP5: $200.00
Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves the risk of losing the entire invested money.
VETUSD Long Term Setup!
VETUSD (Weekly Chart) Technical Analysis Update
Buy Level: $0.055 - $0.070
Good Pick for the Long term, Vechain currently trading at 0.078. it's already hit the uptrend support line I'm expecting bounce back from this support line. if it breaks trend support line then it can reach below 0.55 but chances are very less.
also, you can see that previous resistance line acting as strong support.
based on past trends we can expect minimum 750%+ growth.
Vechain Overview: VeChain is a blockchain-powered supply chain platform. VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem which solves some of the major problems with supply chain management.
Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves risk of losing the entire invested money.