Hi guys,
This time i think KAVA it's a good trade. DEFI with a lot to grow and mainnet in march with a bullish Market structure on the daily.
Price is inside the cloud with bullish TK cross, retesting the 0.786 fib level from the move up with matches with weekly support.
RSI is around 50 level.
Target daily ob and monthly resistance.
Entry is a bit lower since i'm expecting a last push down to the tenkan with is pretty near the actual daily low on the MS.
I always post the charts with a entry price and target, but have in mind this is not financial advice. Anyway, remember that taking a trade is less improtant than manage it propertly. Scalate in and out, try to anticipate the market and dont let unrealized profits become a loss.
This time i think KAVA it's a good trade. DEFI with a lot to grow and mainnet in march with a bullish Market structure on the daily.
Price is inside the cloud with bullish TK cross, retesting the 0.786 fib level from the move up with matches with weekly support.
RSI is around 50 level.
Target daily ob and monthly resistance.
Entry is a bit lower since i'm expecting a last push down to the tenkan with is pretty near the actual daily low on the MS.
I always post the charts with a entry price and target, but have in mind this is not financial advice. Anyway, remember that taking a trade is less improtant than manage it propertly. Scalate in and out, try to anticipate the market and dont let unrealized profits become a loss.