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Kava / TetherUS

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KAVAUSDT trade ideas

KAVAUSDT is testing the daily supportThe price had a huge rejection from the weekly resistance on the 0.5 Fibonacci (0.6$) level as you can see from the upper chart. At the moment the price is creating a huge Engulfing candle on the weekly timeframe, it includes the previous 5 bars (5 weeks). About the support, the price is testing daily static support and dynamic weekly support. As for Long Position, the logic is the same even for the short scenario. We avoid opening a new short position above the weekly structures. How to approach? we are waiting for the weekly close and we will understand if the price is going to create a double bottom of 3.7$. If the price is going to have a breakout from the descending channel and retest the daily resistance (around 5$) as new support, we can add to our watchlist and wait for applying our rules. Remember, It's not enough a breakout, we need a strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
4
KAVAUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Nothing has changed from my last idea. Entry: market and lower Target: 5.5 and 6.5 after first target reached move ur stop to breakeven Stop: ~3.3 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3.5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
4
KAVA, weekly reversal.The following content is machine translation: Judging from the weekly pattern, the bottom of the callback is constantly rising. The overall general trend is bullish. Historically, every time it rebounds after a long pullback, it can lead to a high. The weekly line here is four consecutive positives, almost reversing. The indicator macd energy column is gradually approaching the zero axis. The operation is mainly based on more, and the target exceeds the previous high.
Long
by LochubT
3
KAVAUSDT Daily TA : 01.15.22 : $KAVAAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 15.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
by ArmanShabanTrading
4