Not a financial advice
I have done some tiny research regarding KDA and to be honest I frankly believe it has immense potential(similar to EGLD, Harmony, Solana before their price peak), therefore I decided to DCA it. As you can see it is currently in overbought area per RSI hence correction will take place but if you check its weekly candle you will observe a bullish engulfing
I will update this post, if anything phenomenal happens
I have done some tiny research regarding KDA and to be honest I frankly believe it has immense potential(similar to EGLD, Harmony, Solana before their price peak), therefore I decided to DCA it. As you can see it is currently in overbought area per RSI hence correction will take place but if you check its weekly candle you will observe a bullish engulfing
I will update this post, if anything phenomenal happens
Note
Hope you have managed to make some decent gains, do not forget to fix it, also bear in mind that we are quite overbought per RSI and per USDT.D chart potential correction might be comingNote
Well, as I said before, correction is in play, keep DCAing and holding for a long termNote
I expect to see another leg up if we keep 2 - 2.2$ level and we see 50MA crossing 200MA on 12H timeframe
Disclaimer
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.
Disclaimer
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.