💎 KAVA has undoubtedly captured the market's attention. Presently, KAVA has broken out of the Descending channel and has entered a confirmed retesting phase. Observations indicate that after its retest on the resistance trendline of the channel, KAVA experienced a sharp upward trajectory, potentially aiming for the resistance zone.
💎 Should KAVA decisively surpass the notable resistance at $0.730 and sustain above it, there's a strong possibility for the coin to continue its bullish run, Probability targeting the supply zone and the bearish OB.
💎 However, if KAVA faces a setback at the resistance zone, it might retreat towards its proximate support to gather momentum. There's also a chance that KAVA could descend to the demand zone to build a more robust momentum for another attempt at breaking the resistance.
💎 if KAVA revisits the demand zone and fails to uphold its position, it could indicate a bearish trend. This would mean a potential downward spiral for KAVA, with the coin possibly gravitating towards its key support zone.
💎 Should KAVA decisively surpass the notable resistance at $0.730 and sustain above it, there's a strong possibility for the coin to continue its bullish run, Probability targeting the supply zone and the bearish OB.
💎 However, if KAVA faces a setback at the resistance zone, it might retreat towards its proximate support to gather momentum. There's also a chance that KAVA could descend to the demand zone to build a more robust momentum for another attempt at breaking the resistance.
💎 if KAVA revisits the demand zone and fails to uphold its position, it could indicate a bearish trend. This would mean a potential downward spiral for KAVA, with the coin possibly gravitating towards its key support zone.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.