The last few weeks have been extremely volatile.
A lot of cryptos have broken down and lost bullish market structure on the micro time frames.
When in doubt zoom out, kava still looks great on the macro time frames and has just formed its HL.
Bullish market structure is still intact on the macro HH and HL.
Bitcoin is still highly volatile and until $42500 area is not recovered I expect further chop on alts.
This is a perfect time to dca into certain alts kava being one of them.
A lot of cryptos have broken down and lost bullish market structure on the micro time frames.
When in doubt zoom out, kava still looks great on the macro time frames and has just formed its HL.
Bullish market structure is still intact on the macro HH and HL.
Bitcoin is still highly volatile and until $42500 area is not recovered I expect further chop on alts.
This is a perfect time to dca into certain alts kava being one of them.