Kava 11’s new launch date is in mid September! Find out all the details and win cool prices at https://bit.ly/KavaTwitter
KAVA has just days left to complete the monthly candle, after which we will be able to determine whether or not we got a bullish breakout out of the previous inside bar. For bullish KAVA Prediction to happen we will need a close above the previous candle’s close at the $1.897 level.
The daily chart is showing a very interesting trade setup opportunity. We are at the bottom of a parallel channel that may offer support. In addition to that the previous daily moves up have shown a lot of volumes whereas the legs down showed less volume, this demonstrates that the bulls are the ones in control. This Kava prediction considers all possibilities while looking at the potential of kava crypto 2022.
Furthermore, we are directly at a large volume cluster zone so we can be quite confident in our stop loss (just below the volume cluster) and confident in our entry (because if we break out bullish from here, we are much less likely to break this volume cluster support in the short term).
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