Kava (Binance: KAVAUSDT) has broken out of the triangle pattern in the two-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Kava began a wave one advance on October 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on October 28. If this wave count is correct, Kava should be heading next towards the October 25 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Kava is a cross-blockchain DeFi platform. The Crypto Lark interviewed the CEO one week ago.
(Sources: https://www.kava.io/)How Will Kava Trade?
Kava (Binance: KAVAUSDT) two-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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