bloody kava is coming ... Watch out !!

4 Jun 2021

• Till now $4.50 seems to be holding well for Kava after testing it.
  
  
• Most likely we gonna complete the uptrend till the above of the channel.
  
  
• Look at the channel on the chart, u will get that we r trying to break $5.95 resistance.
  
  
• An estimated pullback from $5.95 to $2.40 within June. ( about 60% down)
  
  
• On very short-term we r bullish .
  
  
• for long-term holding, should add bags in the dip n prepare an exit strategy is a must .
  
  
• If we moved as expected on the chart, it will be a good indicator to see a rejection bearish daily candle at 5.95 resistance.
  
  
• The best time to buy, when the wave ends at $1.33.
  
  
• For me, will sell all my kava at the top of the channel n will short above 5.90.
  
  
• After we gonna break $4.40 support we will see $2.40 straightway.
  
  
• DONT LEVERAGE N USE A PROPER RISK MANAGEMENT STRATEGY !!
  

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