Kava / TetherUS
Short

KAVA USDT : Possibilities of Price Breakouts and Consolidation!

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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.

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