✴️ Kava Goes First Correction End Confirmed? Marketwide AnalysisKAVAUSDT hit a low in early January, like most of the Cryptocurrency market.
Many pairs hit their low in late December, just a few days before January which technically counts as the same.
From this low we get a strong bullish wave, January 2023, this is also true for most of the Cryptocurrency market.
After this wave we get a correction and here the correction hit bottom 3-5 March. This is also a theme that is repeating across the market.
Now, the important part.
KAVAUSDT is recovering, correction ends.
This is confirmed as its price moves above the moving averages including EMA50 and the really high volume yesterday.
If KAVA dropped with the rest of the market, recovered with the rest of the market and went into a correction together with the rest of the market, it will also produce the next leg up with the rest of the market.
That's the conclusion.
KAVAUSDT is already going bullish, moving first compared to the pairs that everybody is already looking at.
This is normal, the market movers will move first those that are least active/bought.
While everybody is always looking at Bitcoin, Shiba Inu, Cardano and the rest. If Bitcoin starts growing it would reveal that the correction is over and everybody would rush to buy and that's not something that is appealing to the whales.
And thus they move the least popular ones first... But what one does the rest follows.
If KAVAUSDT recovers, we know what the rest of the market will experience as well. This includes Bitcoin which looks shaky right now... Patience and a plan would remove all doubt while you wait.
Namaste.
