KAVAUST trade ideas
KAVA giving off good vibes.KAVA is giving off some very good vibes in the way that it was bounced off this retest of this break out on the lower time frame here.
Looking for price to travel towards the 2.00 mark. Would be taking profit here, and then waiting for consolidation for any re-entry. (Or you might want to use any swing highs on lower time frame as re-entry/good places to wait for a long, if we do hit that overhead resistance).
KAVAUSDT is testing the 0.618 Fibonacci levelThe price is testing the 0.618 Fibonacci level on the 4h timeframe after a bounce from the 1.4$ support where the market created a double bottom. The price lost the 4h support at 1.9$ and retest it as new resistance.
how to approach it?
IF the price is going to lose the local 4h support at 1.7$ (on 0.618 Fibonacci level) and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
KAVA Trying to breakout falling wedge>>>>>>>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Based on the chart KAVA USDT supported from demand zone and trying to break out of falling wedge pattern.
((Maybe)) some correct in the way's till 1.9-1.7 USDT that best opportunity to reviewing chart and set buying position.
((In the case of success to break's the green marked area on the chart<
We can get some profit from 2.0 USDT to 2.5 USDT in next day's.))
All short time support & resistance marked on the chart.
PLZ set SL for in the case of market correction.
This is not financial advise
PLZ DYOR
With hopping success>>>>>>>>>>
KAVAUSDT is testing the supportThe Price got a rejection from the 0.786 Fibonacci level and created a double top on 2.67$
On the 4h timeframe, the price is testing the previous low on 2.36$
How to approach?
IF the price is going to lose the support and create a new lower low, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
KAVA in reaccumulation$KAVA 4h chart , things we can see:
- Asymetrical V shave recovery that lead to an ascending channel (can be considered as accumulation)
- RSI + MACD neutral
- Waves slightly positive
- Fib trace shows us the possible Liquidity check area before springing upwards
- $2.90 is the upper limit inside the range. Need to close 4h above that level in order to think that we will leave the range bullish
Bias: Neutral/Slightly bullish