Hi dear patrons, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token
Previously we had a nice trade of KAVA:
Now on a weekly time frame chart, KAVA has formed bullish Garltey move. There is also 100 simple moving average support in buying zone.
Buy and sell targets:
Buy between: $3.98 to $2.56
Sell between: $5.98 to $8.09
Stop loss:
Below $2.56. In order to minimize the loss ratio we can also use 100 SMA support as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 216% , and loss possibility is 36%. Therefore, in order to minimize the loss ratio we can also use 100 SMA support as stop loss.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously we had a nice trade of KAVA:
Now on a weekly time frame chart, KAVA has formed bullish Garltey move. There is also 100 simple moving average support in buying zone.
Buy and sell targets:
Buy between: $3.98 to $2.56
Sell between: $5.98 to $8.09
Stop loss:
Below $2.56. In order to minimize the loss ratio we can also use 100 SMA support as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 216% , and loss possibility is 36%. Therefore, in order to minimize the loss ratio we can also use 100 SMA support as stop loss.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade