Kava
Kava bullish like LinkHi
Here another one similar to Link
Stochastic crossed up from a low point : 15 ,and is moving up above 20
RSI look like bullish to, near the 50 zone
I think this one can move up to 4.08$ ~
The 0.5 fib level from middle top (at 6.85$) to current low at 3.19$ is at 4.9$
Let see what will append.
Ripple (Daily) : Bull or Bear ? Today #Ripple was bette than most cryptocurrencies in the market and volume trades are almost twice as high as yesterday . If the price can close above $ 0.93 we can expect growth to $ 1.08 and then $ 1.3. (Long-term targets announced in older analytics are still valid) .
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 20.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
KAVA Token target buy/sell prices and possible trendlinesThe recent, larger sell-off on large cap crypto catalyzed by news events influences sell-offs on smaller cryptocurrencies, including the Cosmos network DeFi derivative, KAVA. The appeal KAVA holds to me personally is its high yield API (20% annually, distributed twice a week). This combined with its beautifully abundant swings and dedicated long term staked investors makes for plenty of profitable opportunities.
With a red line I highlight what I perceive as the recent bear trend (which more or less is a bear cliff as of the ATH which was defined in September, 2021 as 9.218). This sell-off was met with resistance a few days ago at the support price of 3.081, and one of the more large scale bull trend (Bull Trend 1, in blue). A break above this short term bear trend may validate my designated bull trend, implying a continuation of KAVA's macro bullish directionality with the possibility of another eventual retest of the ATH. A break below the bull trend, and continuation of the bear trend may be met with demand with another candidate bull trend which I have marked with a green line on the chart (Bull Trend 2).
In either case, at the moment, I plan to hold and continue purchasing KAVA, picking more up at my designated supply/demand prices, and taking profit at my designated supply/resistance price targets.
My buy targets for KAVA are:
$3.081
$2.109
$1.123
Sell targets are:
$5.534
$8.157
$9.218
The price targets and trends I provide are my own anecdotal opinions and I observe them making room for error.
KAVA fast catchQuick Trade.
---------------------------------------------------
Trade Plan
---------------------------------------------------
Buy Zone 1 : 5.40$ ( 25% invest )
Buy Zone 2 : 4.50$ ( 75% invest )
Stop Loss : 3.90$
OR
Full Rebuy 3.10$ ( add +100% invest )
---------------------------------------------------
Happy Tr4Ding!
KAVA to doubleKAVA seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 10 and even higher. That would mean doubling it's price ... 💯%
ENTRY : local high @ 4.99
SL : local low @ 3.20
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 10.1
RRR : 2.9
INVALIDATION : when SL level hit
Like👍 & Enjoy📺!
KAVA Broaden wedge Notice the broaden wedge on this coin enclosed within the purple trendlines . the opportunity is for the price to resolve to the top of the wedge at 6.2$ giving about 15% move.
when the wedge resolve i will update the next potential opportunity
Buy at $5.25- $5.35
Take profit at $6.18 -$6.24
Goodluck !!
Rise of DeFi is near Let me be clear on one thing, we are in the Bull market and Altseason is happening. It is only a matter of time which one pops first.
As you can see some of the big names in DeFi are consolidating for a long time.
I believe all these four will need to complete another fill Fib Retracement as It has the potential, Volume, and Liquidity.
If we look at their rise on summer DeFI we can guess it might happen just before BTC reach its all-time high. Guessing the ATH of BTC is another subject but I see a huge opportunity in Giant projects in DeFi that have been quite for some time.
KAVA - does the fall continue 😲❓Finally, bitcoin has been corrected. All altcoins have been corrected along with it. Nothing has changed globally, bitcoin is still moving in an uptrend.
And corrections are a normal thing.
KAVA is now testing the trend line, which acts as a support for now.
But at the same time, no buyer strength is visible. Additionally, it is worth noting that the price is starting to squeeze, which is a bad signal. In case of a breakdown, there could be a fall to the targets marked below.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
☕KAVA- Rising wedge, B-wave pump now?Today I had a look at KAVA and spotted an obvious rising wedge pattern. The price action fits very nicely into elliot wave cycle scheme, which suggests that the ATH created in August 2021 was the end of wave (5), after which the price entered phase A of corrective ABC scheme. After quick bounce from the dynamic support on Nov 11th the price is now trading in the bottom area of the formation consolidating on horizontal support (5.73). If buyers manage to defend this level, we can expect more upward pressure very soon. Although this idea is more bearish for the next few months, there's still an opportunity to benefit from a potential short-term bounce.
The targets for this bounce are: 6.84 and 8.19.
Feel free to share your thoughts in the comments.
-----------------
About KAVA:
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.
The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.
Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.
Source: coinmarketcap
Kava repeating its very interesting harmonic patternLook at the chart, history not always repeat but it does rhyme.
I am bullish on this move, although if this long term setup is broken, new support/trends need to be establish. Hence a strict stop loss is recommended
Good for a leveraged position. Manage your risk
WAGMI 🤝