Kava. io forming bullish BAT | A good buying opportunityHi dear friends, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token with Bitcoin pair.
Previously the priceline slightly moved down but recovered soon and pumped well.
Now on a 2-hr time frame, KAVA is completing a bullish BAT pattern.
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
Kavabitcoinlong
$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.
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KAVA.BTC (Y20.P3.E3).Gems in the making.No.3Hi All,
This post is part of a series of posts that I have started with parabolic curve signs and hence the title association Gems in the making.No.x
<<< Note: This title is associated with all parabolic curve charts or likely to be as per yesterdays post on LEND.BTC >>>
KAVA is part of the DeFi group and looking at the overall view so far, chart below, we can see how its progressed.
If you refer to my previous post on LEND.BTC, I touch on the points of Base1, Base2, Base3 and Base 4 to then extend beyond the Arc to complete the cycle.
LINK.BTC is doing this right now. Refer to link supplied below for further background information.
OBSERVATIONS:
========================
> It is early stages but what I have quickly learnt about parabolic curves is that they move away from the channel path aggressively, just like Kava btc pairing now;
> Current price action is below another FIB. extension target and is consolidating into what seems a ascending triangle;
> The daily Phoeix supports the thesis that it will go sideways for now with slight downward pressure; Green RSI crossing over Red RSI with gray pressure moving upwards, meaning sideways action.
> The Phoeix outlook on the 3 day and onwards is all upwards pressure;
> Daily chart, the 21, 34 and 50 EMA from the price action, demonstrating aggressive movements;
> Daily Macd looking for a bounce off the signal line;
THOUGHTS:
> If the current price breaks this level in the coming week, it will give us the arc we are looking for, hence confirming the parabolic curve;
> How to trade this > go long and go to the smaller time frames be it 4 or 8 hourly chart and enter as the chart below.
Otherwise wait for the breakout and retest of this resistance line (place order there), but you risk missing out.
Please dont forget give me a like or tick for this post as I would like to see my charts not only succeed but also get more exposure out there.
Regards
S.Sari
Macro overview:
Daily chart:
Note the 21, 34 and 50 EMA from the price action, demonstrating aggressive movements
Entry level, if you haven't bought yet
KAVA/BTC (Bullish breakout: up to 30% profit)KAVA/BTC
KAVA broke bullish of this descending channel and manages to change the 4H trend. If we see a pullback at 7000 sat area,
this will be a good opportunity for long positions and target the 9000 sats resistance zone.
The stop-loss is below the 50MA or 6700 sats.
#KAVA | Prepare To Explode Entry : 0.00013216 - 0.00013584
Target 1 : 0.00016575
Target 2 : 0.00017355
Target 3 : 0.00019000
Target 4 : 0.00025889
Target 5 : 0.00036717
Stop loss : 0.00010536
Stop loss : 16%/180%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
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$KAVABTC, channel to 500m marketcapA gem from binance IEO launchpad.
Kava is staying in his uptrend started from the listing day and following perfectly the channel created by the second top of November 24.
We can expect a blow off top during Q1 of 2020, or a nice uptrend inside the channel.
Use channel top and bottom for TP and stop loss or re accumulation.
KAVABTC formed bullish BAT | A good long opportunityPrice action of KAVA / Bitcoin has formed a bullish BAT and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00014316 to 0.00014070
Sell between: 0.00014902 to 0.00015788
Regards,
Atif Akbar (moon333)