EthanTW

KAVAUSDT - Wait until timing for entry

לונג
BINANCE:KAVAUSDT   Kava / TetherUS
KAVAUSDT
4H trend chart
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KAVA is consolidating as a triangle since 8/21
This triangle is formed with a downtrend line and support zone.
If price can break out the downtrend line, trading strategy as below.
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Profit Targets:
a) 6.852----Green horizontal ray
b) 9.218----Fib(1)
c) 11.028~11.760----Fib(1.272~1.382)

Stop losses:
a) 4.9658-----Red horizontal ray
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