KAVA - Place your bids and fasten your seatbelts!Kava is set to be a nice buy in the coming days - here's some reasons for it:
Although we lost the blue ascending trend line, we are now trading in a falling wedge, whose lower trend line has been tested three times already
Price is approaching support levels we did not retest since the steep rise started in June. This is necessary in order to continue growing.
Hidden bullish divergences can also be spotted, although those are not exaggerate.
What I'd do:
As we keep printing LLs and LHs in price and RSI, there's no reason to jump into any trade at the moment, in fact BTC is still volatile and Dominance is close to resistance: we might see some more downside in alts in the coming hours and this weekend.
My first buy order is set on the lower support at 1.18, in coincidence with S1 Monthly.
Second buy order on the lower trendline of our falling wedge
If price keeps dropping, invalidating the falling wedge, things become interestingly bad for KAVA, and we can accumulate a lot more. However, I do not see price dropping below $1.00 anytime soon. But in case it does, even just for a quick wick:
Third buy order in the $1-$0.80 area, above S2 Monthly.
Lastly, another buy at around $0.45.
DCA is the way.
I don't set any SL here as we're investing with a 6-9 months horizon. KAVA is gonna surprise us all IMO.
No financial advice.
Kavausd
KAVA USD pair expected to X10 in 2021Another alt looking great on the monthly chart.
Notice that:
- We have a clear parallel channel where we can see strong support and resistance lines.
- 1.2 usd looks like a strong support area, as it was previous resistance.
- If Kava repeats its previous run pattern, we´ll see a X10 move soon.
Remember that Kava labs has strong partnerships in the industry and its platform is based on Cosmos. Plus, we are in a price discovery phase as we have never seen this coin performing in a BTC bull market.
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.
KAVA LONG TRADE 20201110Symbol: KAVAUSD, KAVAUSDT
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes:15M - 2H
Signal: RED-> Green * N
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Trade closed manually: Closed when the above ribbons turns Yellow or Red.
KAVA USD pair to X10 in the following monthsSome signals are pointing to KAVA as one of the alts with more possibilities to x10 in the upcoming months:
- retracement from last pump reached 78.6% fib level, which means the retracement is coming to an end.
- it looks resistance and support lines are well defined from bottom to peak, so there is a good chance to trade in that channel.
- there is a huge bullish falling wedge you can see on the weekly and daily chart that should be about to break upwards. Same structure can be seen in other alts, another signal they are gonna pump sooner or later.
- Alt market moves usually come during the end/beginning of each Quarter.
- kava.io is improving its platform.
- Taking into account fib levels and r/s lines, KAVA is likely to have 7 usd and 10 usd price peaks in 2021.
These are good days to fill your KAVA bags.
KAVA/BTC (Test Key Level Support)💎Technical Analysis Summary💎
BINANCE: KAVABTC
-KAVA is on a strong downtrend coming from the high 45k sat
-It is now approaching its key level of support around 6400 sat
-We have seen a lot of altcoins breaking below its key levels
-So the risk buying at these levels are high
-Waiting for a proper sign of strength or reversal pattern is a must
-Trading discipline and the patient is a key factor for long term success too
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KAVA/USDT (Potential short-term -- triple bottom) KAVA/USDT has potential for short-term upside with confirmation.
1) Triple bottom off support between $1.70 - $1.75
2) MACD 1D looking to crossover(confirmation on strong crossover)
3) RSI on 1D, 1W has room to grow.
Recommedend stop-loss $1.70 - $1.75
The Crypto Associate is not responsible for any losses incurred during trading digital assets or any form of security. This analysis does not constitute investment advice and should not be regarded as such. All analyses is for informational purposes only.
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.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 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.io (KAVA) - October 1Hello?
Dear traders, nice to meet you.
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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.)
KAVAUSD - Head and Shoulder with massive potentialKAVAUSD and other Altcoins with massive Head and Shoulders Pattern.
This will drag down KAVA and frustrate lots of holders. DEFI was a bubble which burst.
Again hype was such a huge signal for the whole crypto space.
With the uncertainty regarding US elections, Covid-19 the stock market already started it's correction and so will the Crypto sphere.
Next entry for crypto is either make or break IMO. For a longterm and natural grow, they should stop to produce and hype sh**coins such as SUSHI, PIZZA and all this crab.
Entered margin short at around 2$.
Happy Trading.
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 (Sign of Selling Weakness?)BINANCE: KAVABTC
-KAVA has confirmed a double bottom of the support
-After confirming the previous support area at 20k sat
-We can also see the price is respecting the trendline resistance
-Until this trendline is valid, the price may still go lower
-But since it has failed to make another Lower Low
-The selling pressure started to fade and the Bulls may enter soon
-Entering at support retest is aggressive but the reward is huge
-But I always recommend buying the breakout confirmation
-With stop loss below the green support line
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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.
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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.
-------------------------------------------------- -------------------------------------------
** 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/BTC (Retest Major Support @ 18k sat?)BINANCE: KAVABTC
-This coin is on waterfall after the break of support at 33k sat
-Its value has declined by -53% from the swing High
-If we are looking for a potential strong buy area
-The level of 18k sat is a high probability of potential swing point entry
-It was a confluence of previous key resistance and turned support last July trading
-Let's see if a bullish sign will happen if the price get this zone
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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