KADENA 🔖 As mentioned in the analysis some time ago, Kadena was in the $8-8.5 resistance range and was able to break the resistance the previous time and activate Target 1 as expected.
💎 But due to the collapse of the market, Kadena also could not maintain the broken resistance and stabilize above it, and fell again to the range of $6
It is expected that after several clashes in the past, this resistance will soon be broken and Kadna will reach prices again at $8.5 - $10 🔆 But a bearish scenario is also possible and if lose the range of $5 -- $5.5 Descending targets will also be activated and the price can be reduced up to $3.5!
Let's see what happens ..
➖➖➖➖➖➖ All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ... 📊 #KDAUSDT ( Kadena ) 💹 Time Frame : Daily 🔵 Personal Opinion : LONG 🎯 Next Targets : $8.2 — $9.2 - $10 👤 Saeid.Mahbob 📅 12.Mar.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.