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
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.
$KAVA CLEAR BULLISH REACTION OFF A DOUBLE BOTTOM $KAVA showed strength once she went for a double bottom. As long as she can clear the .5 of the current trading range we are in, we are in dip buying mode!
Clear invalidation would be the break of the double bottom structure. I see no reason for her to roll over unless $BTC does something ridiculously bearish.
If you want more updates on the PT Buy Sell indicator, follow along!
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EMPTY YOUR MIND: PSYCHOLOGY OF A TRADERWe have always believed that the business of Cryptocurrency Trading thrives on 3 things – Intelligence, Psychology and Information.
If all humans had the same level of IQ and everyone was emotionally zero (i.e. had similar psychological traits) and if the flow of information to everyone was equal, then what purpose would the Crypto markets serve?
None whatsoever. In fact, it would become the most boring fixed income scheme you could invest in.
Nevertheless, of these three traits, human psychology has the maximum impact on the movement of Crypto prices in the short-medium term.
It is the psychology of a trader to overcome biases and human emotions like greed and fear and envy and desire that sets him apart from the others.
Mostly, a trader just reacts and makes a lot of money if he can correctly predict the behavior of others.
In order to succeed long term you must first understand your self and the relationship between yourself and the market.
Your emotions, thoughts, and perception of the market, and how these relate to actions taken in the market place.
If you do not believe these are directly connected with your actions and therefore performance, you will likely struggle to maintain a consistent performance.
Rather than viewing your emotions as an enemy, learn to use them to your advantage.
Learn to understand the circle or cycle between you and the market.
KAVAUSDT AnalysisEngineeringRobo and I are Bearish about KAVA at the moment
Holding KAVA is not advisable at the moment as 3 out of 4 EngineeringRobo signals are present and Risk/Reward ratio is below 2.
If you are interested in buying KAVA your options are:
- Buy when at least 2 of 4 EngineeringRobo Buy signals are present with R/R ratio 2 or more.
- Buy if candles break above the 2.197 resistance level, turning it to the support level
- Buy at the 0.798 support level.
- You can buy if the candles coming from above touch the uptrend line
If buying with EngineeringRobo buy signals, pay close attention to EngineeringRobo sell signals.
If you are interested in using EngineeringRobo, DM me!
Kava.io (KAVA) - October 1Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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Make sure you can get support at point 2.4172.
If you get support at 2.4172 and keep the price above 2.54 while breaking the downtrend line (3), you're likely to touch the 3.0986 point.
If it falls from the uptrend line (1), it is a short-term stop loss
It is important to see if it deviates from the downtrend line (3).
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I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
KAVA - Punch Up Soon?KAVA has been one of my favourite crypto's in terms of profit.. It has very consistent moves and once it starts going it tends to finish the move.
Inclusion in a few liquidity pools means lots of demand right now.
Price is low ATM great time to snap it up.
Heading to bullish on the MACD 1D, may turn bearish on the 4H.
Stoch isn't in over bought yet on 1D, near over sold on 4H. Short term gains incoming?
Volume is low ATM. If the market pumps continue this will start soonish.
Below the red EMA's on both charts. I should make that EMA green, because it's basically the money line.
Might be able to catch a bounce based on 4H, but best plan would be don't bet the house on it and plan to reload a smaller initial long if it bounces. Bottom support rather unlikely to break, but set an SL below it just in case. Nothing is certain
TP's
#1 - 0.00022 (EMA on 4 HR)
#2 - 0.000237 (EMA 100 on 1D + fib level)
#3 - 0.000282 (fib level + previous spike)
SL: 10% max from here. I don't see it going past the bottom.
Be safe, good luck. This is not financial advice.
KAVA - good R2R trade if resistance line breaks (LONG)KAVA has a very good R2R trade idea. Currently they are 3 main patterns which mix in different timeframes.
1) In 1D KAVA is in big H&S pattern and "blue" line in chart is the resistance zone. IF this breaks will be the best scenario.
2) On 4 HRs frame we have a good trendline which holds the current move from 24th. If this holds in next few days will be good indicator
3) Again on 4 HRs we have resistance line which mix very well with 1D H&S pattern. I want to see this breaks
Trade will be like:
Entry: After break and retrace to H&S resistance line
Exit: 2.1+ (even higher if BTC holds)
SL: ~1.82
Overall 2:1 R2R
KAVA Bouncing at SupportBINANCE:KAVAUSD
Kava is bouncing at the $2 USD support level, near the 61.8% Fibonacci Retracement Level, MACD is just starting to give a buy signal, RSI is ticking higher. The previous decline from the $5.82 USD level was with decreasing volume, and this seems like a good place to go long.
In Elliott Wave Terms, we had a 5-wave move to the upside, followed by a 3 wave decline to a level a little beyond the 61.8% level, which is typical.
The Earn campaign for Kava is currently live, coinmarketcap.com
So, the trade is to go long here at $2.60 USD with stop at $2.12 USD and a price target of $4.33 USD, which should give us a risk-reward ratio of 3.6 to 1, which is pretty good.
Not a recommendation, just what I’m doing.
Good Luck to You
KAVA.BTC (Y20.P4.E1).Next stage.Macro structure TAHi All,
Keeping this short as there are many to reviewed:
Came across this which showed simplicity as well.
Although I posted in on the 8 hrly chart, refer to the daily for means of trading as the Daily chart gives a more accurate trading perspective >
Note we are on the bottom of the B.Band > extended hence I see it moving towards the mean of the BB and the daily RSI supports this with the wedge formation, all occurring at 2 main fib levels.
If you haven't entered already, try to look at the 1 hrly time frame to seek that right entry level using the Daily RSI as a guide for the boundaries;
If it breaks the RSI trend line, then its likely to go up.
I have it pulling back as per the daily RSI for completing point E of a wedge.
Regards,
S.SAri
Kava.io (KAVA) - September 13 Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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It remains to be seen if it can rise above the 3.0986 point.
If you break the downtrend line (3) around September 22 and get support above the 3.0986 point, I think there is a high possibility of further gains.
If you fall from the uptrend line (1), I think you need to trade to preserve profit and loss.
If it declines and gets support again in the 2.4172-2.54 section, the flow described above is valid.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
KAVA is very close to perform a 10% move!Just a quick analysis on KAVA.
- EMA's uptrend
- RSI above 60
- Third buying wave in a row
- In resistance area
Overall looks good, I am in since 2.7501, looking for around 10%, I will see how it acts in the TP level of $3.06.
TP1 below $3.06
TP2 below $3.315
This should go well!
Tibor
KAVA to double digits!This chart is just an example of this strategy, go try this out with your shitcoins!
This is simple buy startegy for bull markets (1D,USD charts).
Buy opportunities are based off RSI and EMA200 close only.
1. When a shitcoin crosses over EMA200 properly, and bull market is starting, its time to start using this strategy!
2. This asset now needs to stay above EMA200.
3. Put a horizontal line at both 50 and 60 RSI, when RSI hits around that level, u start u looking for buys. When RSI hits 50 or lower, its a good buy opp. Riskier buys are around 60-51 RSI.
4. EMA200 hits are your other good buy opp if the price drops back that far.
Sometimes the price may dip below EMA for a few days, so do not panic if it does! U should start to worry only if the price is over than a week under this magic line, or the price tests it as resistance on a daily when under.
After the accumulation range is broken u usually don't get EMA touches anymore, but when u look at RSI u can still get a few good entries before moon and lambos.
buy boxes:
green: good buy (50 or lower RSI, even better if touching EMA)
yellow: buy with more risk (60 to 51 RSI, trade gets riskier when price is far from EMA)
Just siting back and enjoying the show for KAVA
I post the image twice because I'm still getting used to this interface. I digress...
Kava is getting ready to make a big move. SO LONG AS BITCOIN DOES NOT DROP , I'm expecting quite the show. $Kava to a new high of about $7.50 and here is why. It's payday around the globe. In places like Spain, India and other countries the norrm is getting paid only once a month on the first. Kava is only readily available for purchase outside of the US for reasons unbeknownst to me. Nonetheless, we see these big moves lasting about 7 days around the first of each month, as highlighted in the chart. We are just 2 days away from the 1st of September, so buckle up. Just imagine when this hits Binance.US or Coinbase or Crypto.com or any other exchange that Americans have easy access to. Plus! Congress will be back in session and with election day coming near those stimulus checks are bound to his the hands of everyday crypto enthusiast...