KAVA has just flashed the insane short signal!

After my today's article with short trade on Bitcoin the entire crypto market has started it's dump and we can divide our short trades between different assets. Today I found the short setup on the KAVA.

Hello, traders!

After my today’s article with short trade on Bitcoin the entire crypto market has started it’s dump and we can divide our short trades between different assets. Today I found the short setup on the KAVA.

On the 4h chart KAVAUSDT chart we can see that the price is going to show us the significant correction. The market now have the greed state which is unusual for the bull market start, that’s why the correction will continue in my opinion. KAVA has broken it’s key fractal level at $0.99. We can try to open short now or on retest of this level with the stop loss just above the previous up fractal at $1.05. If the price break this level it would be the nice long entry point.

Let’s notice that the down fractal was broken below the red Alligator line, therefore this signal is valid. The potential target for KAVA is $0.83 at the Fibonacci golden pocket. If you believe in the bull market you can buy KAVA on spot there.

Best regards, Ivan

Trade easy with Smart tools

Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform.

Similar blog posts

Hello, Skyrexians! We decided to find the crypto assets with the largest potential and the proper Elliott waves structure and found ARB which is still at the bottom but has

Hello, Skyrexians! Recently we have already made analysis on DOTUSDT before the dump, where pointed out that wave 5 to the downside ahead. Asset has finally reached the minimal target

Hello, Skyrexians! We hope you enjoy our yesterday Bitcoin analysis which is now playing out. Daily candle closed great, but this reversal is still unconfirmed. So, we are still in

Hello, Skyrexians! Yesterday morning we did a big warning that altcoins will drop again. We expected the dump on Monday, but it has been started the next hour after our

Hello, Skyrexinans! Couple of weeks ago we also warned you on the weekend that on the next week can start the huge dump on the crypto market and on altcoins

Hello, Skyrexians! Recently we have already made the analysis that ETH is printing the wave C inside the global wave 2 in this bull run. Today we will consider the