KAVAUSDT.P trade ideas
KAVA breakout comingKAVA/USDT forming a symmetrical triangle pattern. KAVA also break the long downtrend and now ready for the triangle breakout. KAVA is launching the KAVA SWAP soon. Bitcoin breakout is confirmed and ETH is also pumping, this is a good sign for alts and we see a good move in alts soon. This is a good time to build your position in KAVA.
Buy Zone : $6.25 - $6.33
Sell Zone : $6.8 - $7.12 - $7.55 - $8.2 - $9.1 - $10.4
KAVA 80% moveLike to support and follow for more content!
We broke above the major resistance level 6.3 which is in confluence with the 61.8% of the Fibonacci Retracement. We expect a continuation to our targets:
7.5
8
9
9.5
12
Support: 6.3
Resistance: 7-7.5
What do you think?
Good luck traders,
NajjarTrading
KAVAUSDT H8: 50% gains BEST level BUY/HOLD(SL/TP)(NEW)Why get subbed to to me on Tradingview?
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KAVAUSDT H8: 50% gains BEST level BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: KAVAUSDT 8hour chart review
::: strong bullish chart nice gains
::: accumulation in progress now
::: noteworthy compression
::: breakout pending
::: focus on buying pullback/dips
::: 50%+ gains still possible
::: currently gearing up for breakout
::: BUY/HOLD setup TP +50%
::: previously recommended buying low
::: up to 50% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +50% gains
::: details: see chart
::: FINAL TP is 50% gains
::: TP BULLS 9.25/9.50 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
TAKE YOUR PROFITSKAVA definitely needs to cool down. The price is heavily overburdened. Head and shoulders formation - if it works, it will bring the price to the area of strong support - $ 3.5. I'm not a fan of playing shorts in the bear market so I'll wait for nice long options around 3.5 USD. Be careful !!