KAVA Ready for Breakout? Watch 0.45 Key Level
📊 Cycle Analysis
🔁 HWC: Ranging
🔁 MWC: Ranging
🔁 LWC: Ranging
The price is currently moving inside a 4H range box. Personally, I avoid trading inside ranges like this due to the high probability of fakeouts and choppy movement.
🧭 My Strategy:
✅ A break above 0.45 (range resistance) could be a solid long trigger, signaling a potential breakout from this consolidation zone.
📈 After entering, I’ll let the price move toward the upper descending trendline, which has seen multiple touches. This increases the odds of a breakout, or at least a strong reaction.
⚠️ If the reaction to the trendline is weak (e.g., no strong rejection candle, low volume), I’ll keep my position open, as the market may break out and offer better R multiples.
🚫 About Short Positions:
Technically, you could short a breakdown from the range, but I won’t be taking any short setups here. I’m focused purely on the long side for now.
📝 Summary:
❌ No trades inside the range box
✅ Long entry on 0.45 resistance break
🎯 Targeting the upper trendline
🧠 If the trendline gives a weak rejection → keep the trade open
🚫 Ignoring short opportunities
📌 Got a coin in mind? Drop it in the comments and I’ll analyze it for you.
⚠️ Without proper risk management, you're just a ticking time bomb.
