Hi dear friends, hope you are well, and welcome to the new update on Kava. io (KAVA) token.
Big Broadening wedge:
On a weekly time frame, the priceline of KAVA is bounced from the support of a huge broadening wedge pattern. Stochastic has turned bullish from the oversold zone. There is also a hidden bullish divergence as the priceline is forming higher lows and stochastic is setting higher lows.
Daily channel:
On a daily time frame, KAVA has reached the resistance of a down channel, and in case of breakout, it can start a big move at least to the resistance of the big broadening wedge that is formed on the weekly chart to set a new all-time high.
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You can also support my work at Patreon for more ideas:
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Link for Binance exchange, to trade crypto:
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▶️ 3Speak