KAVA is showing signs of a Power of Three (PO3) bullish breakout after months of accumulation.



Daily Time Frame: it shows a symmetric triangle with price bouncing from the triangle support. Continuous growth would lead to a breakout of the triangle while a Daily close below the triangle will cause a huge dip.

Weekly Time Frame: Zooming out to the weekly it's shows the PO3 where price has been moving in consolidation zone for sometime. There was a liquidity sweep below this zone taking out trader stop loss but price quickly recovered after breakdown.

Short Term Target
0.4630 - 0.5311

Mid Term Target
0.5311 - 7944

Long Term Target
1.00+

Share your thoughts 💭 in the comments
KAVA-2,04%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
CHIAGOZIEAUGUSTINEvip
· 2025-02-22 23:43
Watching Closely 🔍
Reply0
  • Pin