KAVAUSDT trade ideas
KAVAUSDT Short Bearish Will Go deeperKAVA price failed to break out during the weekend but is still trading inside a long-term bullish pattern.
The crypto market had a bullish performance last week. However, a short-term bearish reversal began near the end of the week and continued during the weekend.
The KAVA price has increased alongside an ascending support line since the beginning of the year. More recently, it bounced at the line on June 15 and began a sharp rally.
While KAVA reached a high of $1.28 on June 25, it failed to close above the $1.15 horizontal resistance area. Rather, it created a long upper wick (red icon) and fell. These wicks are considered signs of selling pressure since buyers could not sustain the price increase.
Despite the drop, the $115 area and the ascending support line together create an ascending triangle. This is considered a bullish pattern. So, a breakout down from it is the most likely scenario.
strategy bearish
sell only
KAVA IS BEARISHHi, 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. io forming a bullish BAT for upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token with US Dollar pair.
Our last trade for KAVA was as below:
Now on a 4-hour time frame, KAVA is about to complete 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 turns Bearish as HnS pattern formsReached $1.26...not exactly the 1.30 I was hoping for, but now a head and shoulders is forming and that is a tell tale sign of a bearish reversal. Expect this to trade down to the lower support of the wedge that is forming. Likely to go below 0.80 cents before changing direction back up.
KAVA/USDT Bullish Pattern! Hey traders 👋
Another one that caught our attention is KAVA coin with a nice potential for a bullish movement here. We see a nice Cup&Handle pattern which seems to be ready for a breakout! Looking here for that last confirmation of breaking from that last resistance and we good to go!
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
kava going to break the trendlinehello guys
The resistance of the trend line has weakened. It is possible to break the trend line. If the trend line breaks, the possibility of the channel breaking is also very high. You can get good profit from this position
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KAVAUSDT.1DMars Signals Team wishes you high profits*
This is a daily time frame analysis for KAVAUSDT.1D
We are in the daily time frame. As you can see, the price has hit our first support area and we expect the price to support and start moving towards our first resistance line. But if it cannot support the price and stabilizes below our support line, we expect further decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care