Bullish triangle closing in for KAVA

21 окт. 2021 г.

Turns out kava wasn't ready to break out of the ascending triangle I mentioned in my recent post just yet, price dropped and bounced from the bottom support. There are slight hidden bullish divergences on obv and rsi on the daily chart and price is lagging behind to that of some other alts and current price action is indicating it is ready to catch up. Expecting next test of the triangle top to result in a breakout and a strong move up.

DYOR and trade safe!