KAVA/USD Daily bullish . Recommended ratio: 100% KAVA, 0% cash. Price is breaking out above $4.68 resistance and is currently trending up at $4.90, the next resistance is at $5.66 (16% upside). The 50 MA is trending up (19 degree angle) at $3.68, it would need to cross $4.50 to form a Golden Cross; the distance between the 50 and 200 MA leaves a lot of room for upside even with a failed Golden Cross. Volume remains moderately high and fairly balanced between buyers and sellers, if today closes in the green it would reinforce a retest of $5.66. Parabolic SAR flips bearish at $4.08. RSI is breaking out above 68.06 and is currently trending up at 71.20, the next resistance is the ATH at 83.48. Stochastic remains bullish for a second day and is currently trending up at 45, the next resistance is at 59.58. MACD has just crossed over bullish and is currently trending up at .32 after three days of being bearish at .29; it is showing signs of successfully rejecting a bearish crossover but it is still premature to declare. ADX is trending up at 48 as Price continues to push higher, this is bullish . If Price is able to establish support at $4.68, the next likely target is $5.66 resistance and potentially beyond. However, if Price breaks back down below $4.68, then it will likely formally retest $4.08 support. Mental Stop Loss: (two consecutive closes below) $4.48.

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