BowserMan

Bullish triangle closing in for KAVA

Long
BINANCE:KAVAUSDT   Kava / TetherUS
Turns out kava wasn't ready to break out of the ascending triangle I mentioned in my recent post just yet, price dropped and bounced from the bottom support. There are slight hidden bullish divergences on obv and rsi on the daily chart and price is lagging behind to that of some other alts and current price action is indicating it is ready to catch up. Expecting next test of the triangle top to result in a breakout and a strong move up.

DYOR and trade safe!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.