Hi dear patrons, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token
Recently I shared a below idea on Kava, which is still in play.
Now on a weekly time frame, KAVA has broken out a big descending triangle. There is also a 100 simple moving average support.
Buy between: $4.32 to $5.08
1st target: $6.85
2nd target: $8.73
3rd target: $10.40
Stop loss: Below the support of triangle, but in order to minimize the loss ratio we can also use weekly 100 SMA 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
Recently I shared a below idea on Kava, which is still in play.
Now on a weekly time frame, KAVA has broken out a big descending triangle. There is also a 100 simple moving average support.
Buy between: $4.32 to $5.08
1st target: $6.85
2nd target: $8.73
3rd target: $10.40
Stop loss: Below the support of triangle, but in order to minimize the loss ratio we can also use weekly 100 SMA 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