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Kava

✴️ Kava Goes First Correction End Confirmed? Marketwide AnalysisKAVAUSDT hit a low in early January, like most of the Cryptocurrency market. Many pairs hit their low in late December, just a few days before January which technically counts as the same. From this low we get a strong bullish wave, January 2023, this is also true for most of the Cryptocurrency market. After this wave we get a correction and here the correction hit bottom 3-5 March. This is also a theme that is repeating across the market. Now, the important part. KAVAUSDT is recovering, correction ends. This is confirmed as its price moves above the moving averages including EMA50 and the really high volume yesterday. If KAVA dropped with the rest of the market, recovered with the rest of the market and went into a correction together with the rest of the market, it will also produce the next leg up with the rest of the market. That's the conclusion. KAVAUSDT is already going bullish, moving first compared to the pairs that everybody is already looking at. This is normal, the market movers will move first those that are least active/bought. While everybody is always looking at Bitcoin, Shiba Inu, Cardano and the rest. If Bitcoin starts growing it would reveal that the correction is over and everybody would rush to buy and that's not something that is appealing to the whales. And thus they move the least popular ones first... But what one does the rest follows. If KAVAUSDT recovers, we know what the rest of the market will experience as well. This includes Bitcoin which looks shaky right now... Patience and a plan would remove all doubt while you wait. Namaste.
Long
by AlanSantana
3
✳️ Take This! 111.11% Potential For KavaI like the look of this chart. I am giving you a nice 111.11% potential on this trading pair. See a bullish crossover on the MACD ✔️ The MACD line (blue) crosses over the Signal line (orange) to the upside. ✔️ The candles 4-Mar. and 7-Mar. both represent reversal signals based on Candlestick reading. ✔️ Notice the falling wedge pattern as well and if we continue looking, we find more. ✔️ Elliot Wave Theory, we have the first and second waves, a third wave follows... I think that's enough 😁. Namaste.
Long
by AlanSantana
4
KAVA With Bullish Setup FormationKAVAUSD is making a nice a-b-c pullback within wave B/2 after an impulsive rally into wave A/1 from the lows. It's currently already sitting at interesting 0.80 support area, from where we may see a continuation higher into wave C or 3, especially if we also consider nice and clean inverted Head&Shoulders pattern. Technically speaking, if the price rebounds back above 1.10 region and neckline of inverted H&S pattern, then we can easily expect more gains, as bullish trend would be confirmed. Invalidation level remains at 0.5150. Happy trading!
BINANCE:KAVAUSDLong
by ew-forecast
KAVA has just flashed the insane short signal!Hello, traders! After my today’s article with short trade on Bitcoin the entire crypto market has started it’s dump and we can divide our short trades between different assets. Today I found the short setup on the KAVA. On the 4h BINANCE:KAVAUSDT chart we can see that the price is going to show us the significant correction. The market now have the greed state which is unusual for the bull market start, that’s why the correction will continue in my opinion. KAVA has broken it’s key fractal level at $0.99 . We can try to open short now or on retest of this level with the stop loss just above the previous up fractal at $1.05 . If the price break this level it would be the nice long entry point. Let’s notice that the down fractal was broken below the red Alligator line, therefore this signal is valid. The potential target for KAVA is $0.83 at the Fibonacci golden pocket. If you believe in the bull market you can buy KAVA on spot there. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Short
by Skyrexio
3
Kava is looking solidNormally during Bitcoin season I would not touch alt coins. However, I really like these kind of diagonal candle structures with increasing volume. They usually always break to the upside as the structure of the candles are not curving but moving in a consistent direction. I would expect this pattern to violently break to the upside. Also to add, during Bitcoin season there are some alt coins that do move with Bitcoin and can keep up with its price action. The KAVA/BTC is also looking strong. Have a great week folks.
Long
by Monovon
2