Hi dear friends, hope you are well, and welcome to the new update on Kava. io (KAVA) token.
Big Broadening wedge:
On a weekly time frame, the priceline of KAVA is bounced from the support of a huge broadening wedge pattern. Stochastic has turned bullish from the oversold zone. There is also a hidden bullish divergence as the priceline is forming higher lows and stochastic is setting higher lows.
Daily channel:
On a daily time frame, KAVA has reached the resistance of a down channel, and in case of breakout, it can start a big move at least to the resistance of the big broadening wedge that is formed on the weekly chart to set a new all-time high.
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
Big Broadening wedge:
On a weekly time frame, the priceline of KAVA is bounced from the support of a huge broadening wedge pattern. Stochastic has turned bullish from the oversold zone. There is also a hidden bullish divergence as the priceline is forming higher lows and stochastic is setting higher lows.
Daily channel:
On a daily time frame, KAVA has reached the resistance of a down channel, and in case of breakout, it can start a big move at least to the resistance of the big broadening wedge that is formed on the weekly chart to set a new all-time high.
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
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.
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.