Ryecatcher

Kava still holding strong

KRAKEN:KAVAUSD   Kava / U. S. Dollar
The last few weeks have been extremely volatile.

A lot of cryptos have broken down and lost bullish market structure on the micro time frames.

When in doubt zoom out, kava still looks great on the macro time frames and has just formed its HL.

Bullish market structure is still intact on the macro HH and HL.

Bitcoin is still highly volatile and until $42500 area is not recovered I expect further chop on alts.

This is a perfect time to dca into certain alts kava being one of them.

Comments

I hope everyone got in
+1 Reply
Pauly88820 Ryecatcher
@Ryecatcher, crushed it! Hit your tp perfectly I wish I took the trade :(
+1 Reply
Thank you, some trades slip away, more to come don't worry.
+1 Reply