Kava, Fake Bounce or Real? We Can Expect Additional Growth

For Kava, the MACD says it all... Let's have a look at it.

After the Aug. peak, it crashed and moved below zero reaching a new All-Time Low but KAVABTC remains strong.

Now the MACD is starting to recover and building up momentum... There is plenty of room available for growth.

We have another clue when we look at the KAVABTC daily trading volume.

It has been going lower and lower and only recently it is starting to climb up as the bars become green.

We have 5 consecutive green candles and today is looking like another green day...
Support was found just at MA200/EMA300...
We can expect additional growth.

Namaste.