KAVA - Place your bids and fasten your seatbelts!

Kava is set to be a nice buy in the coming days - here's some reasons for it:

• Although we lost the blue ascending trend line, we are now trading in a falling wedge, whose lower trend line has been tested three times already
  
• Price is approaching support levels we did not retest since the steep rise started in June. This is necessary in order to continue growing.
  
• Hidden bullish divergences can also be spotted, although those are not exaggerate.
  

What I'd do:

• As we keep printing LLs and LHs in price and RSI, there's no reason to jump into any trade at the moment, in fact BTC is still volatile and Dominance is close to resistance: we might see some more downside in alts in the coming hours and this weekend.
  
• My first buy order is set on the lower support at 1.18, in coincidence with S1 Monthly.
  
• Second buy order on the lower trendline of our falling wedge
  
  If price keeps dropping, invalidating the falling wedge, things become interestingly bad for KAVA, and we can accumulate a lot more. However, I do not see price dropping below $1.00 anytime soon. But in case it does, even just for a quick wick:
  
• Third buy order in the $1-$0.80 area, above S2 Monthly.
  
• Lastly, another buy at around $0.45.
  

DCA is the way.
I don't set any SL here as we're investing with a 6-9 months horizon. KAVA is gonna surprise us all IMO.

No financial advice.