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KAVA - Breaking out and Bullish Fractal = Retrace then profit.
Kava / TetherUS
Long
KAVA - Breaking out and Bullish Fractal = Retrace then profit.
By cryptosince1963
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Jan 17, 2021
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Jan 17, 2021
KAVA saw good growth today, giving us the right arm of a bullish fractal.
Excellent volume on the breakout confirming there is likely to be further growth.
RSI confirms likelihood of retrace, tipping slight as entering overbought.
I expect a quick retrace down to our major EMA level, then likely back up to the ATH over the course of the next few weeks.
I suspect much of the DeFi sector will follow this pattern.
binance
blockpartytrading
breakout
Bullish Patterns
Chart Patterns
DEFI
Harmonic Patterns
Technical Indicators
kava
reggiogeorge
usdt
cryptosince1963
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