MyCryptoParadise_Simon

KAVA in a great channel pattern..!!👀 KAVA Today analysis

Long
BINANCE:KAVAUSDT.P   Kava / TetherUS PERPETUAL CONTRACT
💎"Attention, Paradisers! KAVA/USDT (Kava) is currently showcasing a channel pattern, with the price touching the lower support boundaries of the channel. This pattern indicates a phase of consolidation and a potential window for an upward momentum.

💎The channel pattern is distinguished by two parallel trendlines that encapsulate price movements within a specific range. In the context of KAVA, the lower support level of the channel has been met, suggesting a potential area of heightened buying interest and support.

💎Significantly, the volumes accompanying the price shifts in KAVA have been relatively high. Elevated trading volumes can denote increased market participation and a stronger indication of potential price direction.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

GO FREE👉 t.me/+BPd2gjl6OHZjYmQ0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.