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Friday, May 21, 2021

KAVAUSD D1: STAGE2 50% DUMP WARNING / correction MODE(NEW)

KAVAUSD D1: STAGE2 50% DUMP WARNING / correction MODE(NEW)

KAVA / USD KRAKEN:KAVAUSD

KAVAUSD D1: STAGE2 50% DUMP WARNING / correction MODE(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
NOT a setup to SHORT KAVAUSD. Just showing
signs of weakness and recommend to stay out
of this market into the CORRECTION MODE.


πŸ”Έ Summary and potential trade setup
::: KAVAUSD Daily chart review
::: not a great looking chart
::: price/ RSI div very clear on H8 TF
::: expecting correction/pullback mode
::: previously maxed out and
::: also rejected from MIRROR S/R level
::: STAGE2 DUMP pending soon
::: weak bounce possible from here
::: STAGE2 DUMP up to 50% LOSSES
::: PT BEARS is 2.40-2.50 USD
::: BE CAREFUL and don't get caught in this
::: market not ready for recovery yet
::: correction MODE to extend into JUNE 2021
::: similar setup in other alt coins so be careful
::: also overextended right now
::: BULLS remain on sidelines and
::: good luck traders!
πŸ”Έ Supply/Demand Zones
::: N/A
::: N/A
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/CORRECTION MODE

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.



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