Kava
KAVA.USDT (Y20.P5.E1). Waiting to enterHi All,
This is a continuation of the previous post.
Time is here.
Note the following:
> 0.618 support \ bounce area on the macro.
> Macro expanding fan formation, bullish.
> the squeezing of the candles on the daily
> many alts have gone first
3 levels of target, based on support\resistance and fib levels, etc.
All the best,
S.SAri
Note the EMAs on the daily.
KAVABTC (Falling Wedge Formation in Day Chart)KAVA/ BTC currently trading at 0.0009900
LONG Entry Level: Above 0.00012500 (Only Enter Long After 1 days candle close Above Resstance level at 0.00012500 )
STOP LOSS ( support): Below 0.00008100
Resistance Level 1: 0.00023000
Resistance Level 2: 0.00028900
Resistance Level 3: 0.00038800
Resistance Level 4: 0.00046600
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
KAVA 1D Volume zone of accumulation $0.80-1.20 beckons to itselfSince the publication of the previous KAVA idea , there has been the news, good and bad:
- The good news is that the announced Mainnet launch in the previous idea took place on time and without bugs, KAVA 4 is live.
During this time, there have also been a number of collaborations with other projects. And the Binance exchange organized a competition with prizes for those who trade KAVA.
- The bad news tells us the current realities regarding the Kava token. Positive and productive news background could not only to push the price up, but even to keep it above the level $2.
When the price fixed below $2, sellers got full control over the situation. They pushed the price down, clearly to $1.19 where the lower target was.
Further, the competition from Binance and the BTC growth were able to push the Kava price up to a strong mirror level $1.73. Previously, only for 3rd time it was possible to break it down.
But, while the Kava cost is below the zone $1.84-2.00 , sellers control the process.
Most likely, sellers aim to lower the price into the accumulation zone $0.80 -1.20, where during the last year there was a powerful Kava accumulation twice.
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Trading ETH, VET, KAVA_USDT (Y20.P4.E8).OpportunitiesHi All,
I see a long opportunity in this 12 HRLY chart. Look for a bullish candle or combination of a bullish trio candle setup (smaller time frames) before taking the trade.
Also a shorting opportunity with VET.USDT. Similarly look for a few touches on resistance before taking the trade.
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Similarly with KAVA, 1st we need to see it break this to the down side before taking the trade. However its one of those I believe is 50/50 either way.
Need to see what takes place on the line
All the best.
Cheers,
S.SAri
KAVA - Retesting Key Support, Quick 20%+ likely!KAVA has been crashing around it's key support for a few weeks now, in a declining triangle; which as we've seen can go either way.
As we've seen with the last two bounces, we're likely to hit up from where we're at now to the upper resistance line.
RSI is ripe for reversal
MACD has shrinking bearish deviation and is heading to bull cross
volume has been dropping over the sell
EMA's 100& 50 are both by the upper resistance line,
We just went below EMA 200, which has been a pivot line 3 times in the last month and a half.
Should be pretty clean; set your stop loss below the support level , if it goes south it'll be a hefty decline.
There's a chance we'll move up to the green demand zone as we have been ranging here for a good while. But safe bet is catch the upper trend-line as TP.
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KAVA/BTC (Will Key Support Hold?)💎Technical Analysis Summary💎
BINANCE: KAVABTC
-KAVA is back at a key level of support after toping out from the 23000s sat area
-This is not a good sign in terms of bullish price action
-If this level of support becomes weaker, it will likely to breakdown soon
In-Bearish scenario, the next key support is somewhere around 12000 sat area
-Always prepare for both scenario of the market
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KAVA 12h. Final target is $4.2Kava Labs company created the first DeFi multi-asset cross-chain lending platform. This platform allows users to pledge a variety of crypto assets and instead receive a loan in Kava USDX stablecoins.
Today, 15.10.20, Kava Labs team plans to launch its own Mainnet at 14:00UTC.
Quite positive and powerful news to launch a rocket with Kava into space with a target $4.2 :)
If something goes wrong, the price will fall below $2 and then the bears will take control of the situation.
Follow us if u like!
KAVA/BTC Ready to Rally? (+79% Potential Profits)Hello Fellow Traders,
Today we are looking at KAVA/BTC on Binance. As we can see, this coin peaked on its last bullish wave at around 47000 satoshi. Since then, there has been a strong correction back down to the 200 EMA.
Prices are now trading above the 10, 21, and 200 EMAs now. There has been bullish volume coming in the last few days, and the MACD and RSI are both rising, all bullish signals. Finally, we can see a local bottom double forming (blue boxes), so this range is acting as an immediate support. From here, prices need to break out above the 50 and 100 EMAs (orange and magenta), at which point we can see some massive growth.
A potential short-to-mid term trade setup now could be:
Entry: 20000-22500
Support: 16500-19000
Take Profits:
1 - 27650 (+26%)
2 - 30450 (+38%)
3 - 34050 (+55%)
4 - 39000 (+79%)
Leave a like and share your own thoughts and comments down below if you liked the post. Also, follow me for more ideas! Check out some of my others down below.
Price at writing: 21828 satoshi.
KAVA.USDT (Y20.P4.E2).Next stage.Macro structure TAHi All,
Ref (A.chart)
Keeping this short and to the point.
> Double bottom with a W formation; These tend to have a strong bounce;
> Can be viewed as a potential inverse H and S in the making, or a ascending triangle;
> What ever it is, it looks like a delayed bottom formation unlike ADA or LINK that went ahead of the game:
This could be in a similar position like Link;
> The important factor is the test and sign of strength at the bottom again;
> Prior this macro correction, KAVA gave over 300% return;
> It has been that long which means Kava could have already gone through it’s larger corrective cycle. Is this the ABC correction and now we seeing a bottom reversal structure?
MACRO Overview:
Please give me a tick or like for this post
Regards,
S.SAri
Another perspective;
Kava, Fake Bounce or Real? We Can Expect Additional GrowthFor Kava, the MACD says it all... Let's have a look at it.
After the Aug. peak, it crashed and moved below zero reaching a new All-Time Low but KAVABTC remains strong.
Now the MACD is starting to recover and building up momentum... There is plenty of room available for growth.
We have another clue when we look at the KAVABTC daily trading volume.
It has been going lower and lower and only recently it is starting to climb up as the bars become green.
We have 5 consecutive green candles and today is looking like another green day...
Support was found just at MA200/EMA300...
We can expect additional growth .
Namaste.