Scenario 1:-
There is a possibility of price taking the resistance at 1.060-1.075 and then re-test the same area before continuing its downward trend.
Therefore there is a chance of corrective behavior in the chart where the price could break down below to the levels of 0.849 - 0.834. This would lead to a consolidation phase in the market thus area of 0.849 - 0.834 becomes a good opportunity to go for long scalps.
Scenario 2 :-
However if the price keeps correcting and reach a strong buying area at 0.775 - 0.755 levels, then this area becomes a good area to accumulate KAVA in the bag .
#plan your trade , trade your plan.
There is a possibility of price taking the resistance at 1.060-1.075 and then re-test the same area before continuing its downward trend.
Therefore there is a chance of corrective behavior in the chart where the price could break down below to the levels of 0.849 - 0.834. This would lead to a consolidation phase in the market thus area of 0.849 - 0.834 becomes a good opportunity to go for long scalps.
Scenario 2 :-
However if the price keeps correcting and reach a strong buying area at 0.775 - 0.755 levels, then this area becomes a good area to accumulate KAVA in the bag .
#plan your trade , trade your plan.
Twitter : twitter.com/kingscharts
Telegram : t.me/kingchart
Telegram : t.me/kingchart
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Twitter : twitter.com/kingscharts
Telegram : t.me/kingchart
Telegram : t.me/kingchart
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.