Kava / TetherUS
Panjang
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Long KAVAUSDT (D1). X2

233
Long KAVAUSDT on D1

Entry: current price (0.49-0.5)
TP: 1 (x2)
Exit: confirmation on D1 below PoC & MA200 (0.4).
RR = 5:1
Duration: from 2 weeks to 1.5-2 moths probably.

Why?
After the great capitulation we witnessed yesterday (more than 2bln liquidations of 700k traders) KAVA shows unprecedented signs of strength.
Bounced on big volume from PoC and MA200 (which are also above multi-month consolidation in july-nov 2024).

Haven't done a thorough research on project's fundamentals. So, in case you DYOR'ed it please leave a comment if there's red flags from this perspective.

But regarding TA, that's exactly that I wanted to see.
Dagangan ditutup secara manual
Currently not seeing appropriate PA as planned.
Better to close this trade manually than wait on sidelines...

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.