Kava / TetherUSShort
KAVA USDT : Possibilities of Price Breakouts and Consolidation!
Scenario 1:-
There is a possibility of price taking the resistance at 1.060-1.075 and then re-test the same area before continuing its downward trend.
Therefore there is a chance of corrective behavior in the chart where the price could break down below to the levels of 0.849 - 0.834. This would lead to a consolidation phase in the market thus area of 0.849 - 0.834 becomes a good opportunity to go for long scalps.
Scenario 2 :-
However if the price keeps correcting and reach a strong buying area at 0.775 - 0.755 levels, then this area becomes a good area to accumulate KAVA in the bag .
#plan your trade , trade your plan.
There is a possibility of price taking the resistance at 1.060-1.075 and then re-test the same area before continuing its downward trend.
Therefore there is a chance of corrective behavior in the chart where the price could break down below to the levels of 0.849 - 0.834. This would lead to a consolidation phase in the market thus area of 0.849 - 0.834 becomes a good opportunity to go for long scalps.
Scenario 2 :-
However if the price keeps correcting and reach a strong buying area at 0.775 - 0.755 levels, then this area becomes a good area to accumulate KAVA in the bag .
#plan your trade , trade your plan.
Twitter : twitter.com/kingscharts
Telegram : t.me/kingchart
Telegram : t.me/kingchart
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.
Twitter : twitter.com/kingscharts
Telegram : t.me/kingchart
Telegram : t.me/kingchart
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.