Huge News!!! Kava 9 Mainnet Upgrade | KAVA Broke Out Big Resistance Before The Event

Hi dear friends, hope you are well and welcome to the new update on Kava. io (KAVA) token

The channels and SMA resistance:
On a daily time frame, KAVA has formed a down channel and recently came out of the resistance of this channel and formed another up channel . There is a price level resistance at $4.55. Right now the price action is rejected by this resistance and there is also 100 SMA resistance as well.

Big triangle and hidden divergence:
On a weekly time frame, KAVA has broken out a big symmetrical triangle and now re-testing the previous resistance as support. If we take a look at the stochastic then there is also a hidden bullish divergence , as the priceline is forming higher lows and the RSI is setting lower lows. Therefore, there is a very high probability for a big bullish move, and obviously, Kava 9 mainnet Upgrade event will be also supported for this move. By the way, this event is expected on 19 Jan 2022.

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