A Trading Signal is seen in the KAVAUSD
Traders can open their Buy Trades NOW
⬆️Buy on downtrend breakout or Buy on 5.27
⭕️SL @ 3.43
🔵TP1 @ 8.10
🔵TP2 @ 10.2
🔵TP3 @ 16.8
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Hello to you all. Mars Signals team wishes you high profits at all times.
We think that Kava can experience higher prices provided it can break the channel and go toward the resistances.
But if it can not move up and there is a high sell pressure, the price would move toward the bottom of the triangle and finally break the triangle downward moving toward the...
This is a very good DeFi project that offers loan opportunities, and acts as a digital bank, allowing u to sake and earn from your wrapped crypto's and their native stable coin USDX
The pool they use is HARD protocol
This chart also looks very good
Personally waiting for a retest and confirmation of $3 to enter to mitigate risk
Lets go Kava
It seems that this coin is moving (or at least was moving) within this accending channel, quite neatly bouncing off its support and resistance. We can also assume that it will bounce again, hence the multiple horizontal and diagonal support lines.
Long position can be opened (open interval sits in a purple box) if a bounce is confirmed giving us ...
KAVAUSDT is printing a descending broadening wedge pattern on the Daily timeframe.
Price is testing the wedge resistance.
RSI is printing a bullish divergence signal.
Price action is printing a double bottom reversal pattern.
Buy entry ⬆️ - breakout above the wedge resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the support level.