Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KAVAUSDT
The price has entered a descending channel and at the moment, it is fluctuating below the first resistance line. Here we must wait for a confirmation candle by which the price is able to move over the first resistance line. Then we will consider a long position for it. But if there is a weakness in the price trend and it cannot move above the first resistance line, we should have a short signal for the support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KAVAUSDT
The price has entered a descending channel and at the moment, it is fluctuating below the first resistance line. Here we must wait for a confirmation candle by which the price is able to move over the first resistance line. Then we will consider a long position for it. But if there is a weakness in the price trend and it cannot move above the first resistance line, we should have a short signal for the support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck