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KAVAEUR

KAVA/BTC (Will Key Support Hold?)💎Technical Analysis Summary💎 BINANCE: KAVABTC -KAVA is back at a key level of support after toping out from the 23000s sat area -This is not a good sign in terms of bullish price action -If this level of support becomes weaker, it will likely to breakdown soon In-Bearish scenario, the next key support is somewhere around 12000 sat area -Always prepare for both scenario of the market A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
2
KAVA - good R2R trade if resistance line breaks (LONG)KAVA has a very good R2R trade idea. Currently they are 3 main patterns which mix in different timeframes. 1) In 1D KAVA is in big H&S pattern and "blue" line in chart is the resistance zone. IF this breaks will be the best scenario. 2) On 4 HRs frame we have a good trendline which holds the current move from 24th. If this holds in next few days will be good indicator 3) Again on 4 HRs we have resistance line which mix very well with 1D H&S pattern. I want to see this breaks Trade will be like: Entry: After break and retrace to H&S resistance line Exit: 2.1+ (even higher if BTC holds) SL: ~1.82 Overall 2:1 R2R
Long
by stell_s1