Since January 15th, KAVA has twice tested it's December 2nd Resistance, in the process creating a couple bullish structures.
#1 The Double Bottom, clearly visible on a 1H time frame between January 15-17th.
This for me is an omen of more upside.
#2 Cup and Handle visible on a 15M time frame, while not of a textbook perfect shape, I consider it a valid Cup and Handle.
This one is of a special importance to me, IF the handle breaks through the December 2nd Resistance, I expect a sizeable move Up.
#3 A Symmetrical/Ascending Triangle visible on 1H time frame starting January 9th.
Quite a strong sign KAVA is still in the Uptrend
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
KAVAUSDT
KAVAUSDTPERP
KAVAUSDT
KAVAPERP
#1 The Double Bottom, clearly visible on a 1H time frame between January 15-17th.
This for me is an omen of more upside.
#2 Cup and Handle visible on a 15M time frame, while not of a textbook perfect shape, I consider it a valid Cup and Handle.
This one is of a special importance to me, IF the handle breaks through the December 2nd Resistance, I expect a sizeable move Up.
#3 A Symmetrical/Ascending Triangle visible on 1H time frame starting January 9th.
Quite a strong sign KAVA is still in the Uptrend
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
KAVAUSDTKAVAUSDTPERPKAVAUSDTKAVAPERP
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