KAVA in reaccumulation
KKAVA 4h chart , things we can see:
- Asymetrical V shave recovery that lead to an ascending channel (can be considered as accumulation)
- RSI + MACD neutral
- Waves slightly positive
- Fib trace shows us the possible Liquidity check area before springing upwards
- $2.90 is the upper limit inside the range. Need to close 4h above that level in order to think that we will leave the range bullish
Bias: Neutral/Slightly bullish
- Asymetrical V shave recovery that lead to an ascending channel (can be considered as accumulation)
- RSI + MACD neutral
- Waves slightly positive
- Fib trace shows us the possible Liquidity check area before springing upwards
- $2.90 is the upper limit inside the range. Need to close 4h above that level in order to think that we will leave the range bullish
Bias: Neutral/Slightly bullish
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