Since January 15th, KAVA has twice tested it's December 2nd Resistance, in the process creating a couple bullish structures.
#1 The Double Bottom, clearly visible on a 1H time frame between January 15-17th.
This for me is an omen of more upside.
#2 Cup and Handle visible on a 15M time frame, while not of a textbook perfect shape, I consider it a valid Cup and Handle.
This one is of a special importance to me, IF the handle breaks through the December 2nd Resistance, I expect a sizeable move Up.
#3 A Symmetrical/Ascending Triangle visible on 1H time frame starting January 9th.
Quite a strong sign KAVA is still in the Uptrend
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.

KAVAUSDT

KAVAUSDTPERP

KAVAUSDT
KAVAPERP
#1 The Double Bottom, clearly visible on a 1H time frame between January 15-17th.
This for me is an omen of more upside.
#2 Cup and Handle visible on a 15M time frame, while not of a textbook perfect shape, I consider it a valid Cup and Handle.
This one is of a special importance to me, IF the handle breaks through the December 2nd Resistance, I expect a sizeable move Up.
#3 A Symmetrical/Ascending Triangle visible on 1H time frame starting January 9th.
Quite a strong sign KAVA is still in the Uptrend
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.