Another alt looking great on the monthly chart.
Notice that:
- We have a clear parallel channel where we can see strong support and resistance lines.
- 1.2 usd looks like a strong support area, as it was previous resistance.
- If Kava repeats its previous run pattern, we´ll see a X10 move soon.
Remember that Kava labs has strong partnerships in the industry and its platform is based on Cosmos. Plus, we are in a price discovery phase as we have never seen this coin performing in a BTC bull market.
Notice that:
- We have a clear parallel channel where we can see strong support and resistance lines.
- 1.2 usd looks like a strong support area, as it was previous resistance.
- If Kava repeats its previous run pattern, we´ll see a X10 move soon.
Remember that Kava labs has strong partnerships in the industry and its platform is based on Cosmos. Plus, we are in a price discovery phase as we have never seen this coin performing in a BTC bull market.