KAVAUSDT.P trade ideas
KAVAUSDT | RANGE IN PLAYKAVAUSDT is trading with in a range. The price took a beat from upper side of range and now approaching to lower side of range.
The bears are in control. The bulls can show some momentum at lower side of range. The break below will call for more bears .
Trade your levels accordingly.
KAVA Upside Opportunity - FundamentalKava has not been able to break up from its downward bearish trend on daily time frames as other coins have done recently, while it is sitting on multi-month support levels. Believe there is room for appreciation in the next month given important fundamental developments happening in the Kava blockchain, such as the launch of Kava foundation, the launch of the Binance Smart Chain bridge and more importantly the Kava 11 launch which has been postponed to October 15th at last.
I believe there is room for Kava token price to rise, market conditions allowing.
KAVAUSD (Daily) Bearish breakoutHi Traders
KAVAUSD (Daily Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 1.50 support level. Only the upward break of 1.80 would cancel the bearish scenario.
Trade details
Entry: 1.50
Stop loss: 1.80
Take profit 1: 1.32
Take profit 2: 1.12
Score: 6
Strategy: Bearish breakout
KAVA/USDT soon to move!Hey Colleagues,
Let's take a look at our next coin named KAVA. Project is interesting and nothing bad to say so we took a look into technical analysis. For the last weeks or even months we can say the price has been jumping in narrows of $1.50 - $2.30 and at the moment we are on the lower side of that narrow which is 1.6 zone. We see that the volume is not huge there and pressure from sellers is big so we have 2 scenarios. One is if we breakdown from that lower line and other is if we hold that position strong!!
What do you think? Where we going?
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
KAVA could have a bearish trend - Cryptoz18 (Risk High)❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of how the operations work in case you are interested in following them.
➤ Here you can find an explanation of how to track our ideas:
✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry.
❸ Summary
First I have to open my trades on Binance, if not then I don't have time. Sadly it took me a long time and a lot of the movement just happened, if it doesn't go back to that entry consider changing the setup settings.
❹ Operational Information
• Entry price: 2.2418
• StopLoss: 2.3519 (Loss 4.96%)
• TakeProfit Minimum: 2.12994 (Win 4.97%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
KAVAUSDT GARTLEYGartley
The Gartley Pattern is one of the most traded harmonic patterns and can be applied to many markets and timeframes. It is a 5-point retracement structure that was originally outlined by H.M. Gartley and detailed further by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 0.786 retracement of the primary XA leg, 2) AB=CD pattern and 3) the BC projection is either 1.27 or 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Gartley Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
KAVAUSDT needs a clear breakout to continue the upside
the price retested a key monthly support after a clear bullrun.
Now the price is testing the daily resistance inside a rising wedge
How to approach it?
IF and only IF the price is going to have a clear breakout from the daily and rising wedge and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
KAVAUSDT GARTLEYGartley
The Gartley Pattern is one of the most traded harmonic patterns and can be applied to many markets and timeframes. It is a 5-point retracement structure that was originally outlined by H.M. Gartley and detailed further by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 0.786 retracement of the primary XA leg, 2) AB=CD pattern and 3) the BC projection is either 1.27 or 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Gartley Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
💡Don't miss the great buy opportunity in KAVAUSD @Kava_SwapTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.111).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KAVAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 2.388
TP2= @ 2.725
TP3= @ 3.059
TP4= @ 3.333
TP5= @ 3.648
SL= Break below S2
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