KAVA: Approaching ResistanceKava (KAVA) technical analysis:
Trade setup : Kava has traded completely against the market in recent week or two. This is bullish as it shows that there’s demand for the asset regardless of the overall bearish market sentiment. Price bounced off of $0.75 support zone, which held up several times in 2023 as well and broken back above 200-day MA, which is a indication of potential bullish trend reversal. It’s now approaching $1.00 resistance area, which is a big test. If able to break above $1.00, it would confirm a bullish trend reversal.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.76, then $0.50. The nearest Resistance Zone is $1.00, then $1.15, and $1.40.
Kava
kava short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
KAVA Surges as Investors Seek Buying OpportunitiesInvestors in the cryptocurrency market are looking for buying opportunities despite the current volatility of Bitcoin and Ethereum. As a result, many traders are turning to bullish altcoins like KAVA, which has been showing steady price growth despite market selling pressure.
KAVA, a native token of the KAVA blockchain, recently completed a higher low price formation above an ascending trend line. From a monthly low of $0.667, KAVA's price has risen by more than 35% in just five days.
KAVA Attempts Breakout
While Bitcoin's price is falling, KAVA's price continues to rise this week. KAVA’s investors seem to be unaffected by a potential drop in Bitcoin's price.
KAVA's price surged towards a bullish hurdle on May 10th, reaching a 20-day high at $0.909 with a remarkable 10.6% gain on Wednesday. Currently, the altcoin is trading against the USDT pair at $0.906.
KAVA's Future Looks Promising
Trading volume indicators suggest that there has been significant accumulation of KAVA coins near the support trendline. KAVA witnessed the highest trading activity in the last few months in the month of May.
The KAVA coin is currently trading above the 50 simple moving average, with bulls pushing the price up. Historically, the 200-SMA has acted as a significant support and resistance level for sellers. The market is now waiting to see if the bulls can maintain their momentum and push the price of KAVA beyond the 200-SMA.
The Relative Strength Index (RSI) has crossed the crucial threshold of 50 and is now steadily climbing towards the upper limit. This is an encouraging sign for potential buyers, who could benefit significantly if the coin manages to break through the current resistance trendline.
However, we will still need to have Bitcoin at least ranging and not falling for a significant rally to occur.
Kava needs to retest again the support Kavausdt
I don't think kavausdt is going to break this trendline resistance incase of breakout the other strong horizontal resistance is waiting for kava
Overall I am expecting a dump of 29-35% in kavausdt price
Note : Ideas Are Personal opinion not financial afive always do your own research
KAVAUSD Pivot trade on the 1day MA200 closingKava/ KAVAUSD is trading inside a Channel Down on the 1D timeframe.
Today it is testing the 1day MA200 for the first time in 6 weeks.
If it closes a candle over it, buy and target 1.09000 (58.70% rise).
If it closes under it, sell and target 0.69000 (Support A).
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KAVA, Riding the Upward Wave with Buyers' SupportKAVA has been exhibiting an upward trend during the weekly timeframe, resulting in a significant 18% price surge in the past 24 hours. This notable increase can be attributed to the support provided by buyers in the market.
Considering the present market conditions, it is crucial for KAVA to avoid a sudden downward reversal and sustain its support around the $0.760 range. If the currency manages to maintain this support level, there is a possibility of another positive price movement, indicating a potential bullish wave.
In terms of short-term resistance levels, KAVA faces its first significant hurdle around the $0.90 range. If the price manages to surpass this level, it could signal further upward momentum. The second resistance level for KAVA is observed around the $1 mark, serving as another important barrier to monitor.
As investors and traders, it is important to closely observe KAVA's performance, particularly its ability to sustain the current support level and navigate through the resistance levels. These factors will provide valuable insights into the potential future movement of KAVA.
KAVA can drop soonHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the KAVA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
KAVA LONG #IntradayOn the given instrument the accumulation of volume near the level 0,75, though all market and the coin itself looks down, but locally inside the day I try to trade long. The targets are 0.8, 0.82 and 0.84. It is possible to divide the deal by 2 stops 0.73 and 0.715.
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Good luck and profit to all.
#KAVAUSDT | Short | Trade Set-Up#KAVAUSDT | Short | Trade Set-Up
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Entry Conditions
| Bearish Signal
| Watch out for untested weekly pivot
| Breakdown on key support and retested
| Retraced nicely for a better entry
| Bearish Divergence
| Broken CVD Trenline & Support
ALTCOIN SHHOPING. KAVA, LTC, MATIC, KNC, WRXIn this idea I gathered 5 interesting to buy altcoins for today, where a set-up to buy was formed. This is not 5 different trading ideas, but one, because if the growth of altcoins will be all, and vice versa, when correcting, there is a probability of getting 5 stops. Therefore, if you trade any of these instruments, you can take a closer look and choose one.
KAVA
Higher low + double bottom, price at support + short stop, good reserve for the price increase to the region of 1.05-1.15
LTC
Pushing up to the level. Looks good on a breakdown of the 95$ area with targets 100-110-115, a stop can be hidden under 85$.
MATIC
Higher low + breakdown of the downtrend, volume growth on H1+good price margin. Stop can be hidden under $1, the profit target is 1.2-1.3
KNC
Pushing the price to the level of 0.75, looks good for a breakthrough, stop is appropriate for 0.65, the profit targets at 0.82 and 0.95 is an update of the local high
WRX
A squeeze to the level of 0.18-0.185, false breakdown of this zone, most likely the price will go higher. Stops under 0.155. Take profit targets at 0.215 and 0.25-0.29
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Good luck and profit to all.
Kava. io formed bullish BAT for upto 17.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token with US Dollar pair.
Previously we caught a nice trade of KAVA as below:
Now on a 2-hr time frame, KAVA has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KAVA: Resistance Breakout!Kava (KAVA) technical analysis:
Trade setup : Price has broken above $1.00 resistance area and 200-day moving average to resume Uptrend. Upside potential to $1.40+ Momentum turned bullish again (MACD crossover). Our own proprietary research report published on 24th August highlighted several upcoming catalysts that could dramatically increase TVL (Total Value Locked) on this leading DeFi lending platform and potentially drive up the token price.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.80 (previous resistance), then $0.50. The nearest Resistance Zone is $1.00, which it broke, then $1.40.