The Aflink duck, not as well known as the Aflac duck, is beginning to sound off. If this quacks you up, please like.
Forming a nice sine wave following. Has recently bounced up off of the yellow line of support that is trending upwards. Not advice, but looks bullish to me!
My initial chart from May, failed, the trend did not bounce off of the trend line thanks to the Biden Blunder Blitz Team (Gary, Jerome, and Janet). There appears to be a double bottom in the works, so watch this. This is not financial advice but "FYFE" (For Your Financial Entertainment). It will get worse before it will get better.
Reached $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.
An ascending triangle in a downtrend is usually a bearish continuation, however, with KAVA having recently hit above $1.20 a few times, and the recent dip SEC induced... I am predicting this to be a reversal.
This bearish formation means there could be a breakdown down to the 0.1014 range.
Nobody likes a downtrend, I get that. And I really hope and wish my assessment here is incorrect. Unfortunately, the post triple top down trend continues.
ARPA has spiked twice in the last 48 hours forming a "KISS HAND" pattern within a Descending Wedge... could break out further if it stays above support level of 0.1040. With backing of Coinbase and Binance and a real world use case, for sure keep this one on your radar! Not Financial Advice.