Hello Everyone,
Some friends ask me about KDA
Kadena is Fundamentally a very strong project
KDA is a strong competitor of SOL by TPS & FEE
if u look at the KDA chart according to Elliot wave rules we saw impulsive waves 1 and 3
and right now we are moving into wave 4
"If Wave 4 retraces into the area of Wave 1, then it cannot be considered a Wave 4"
wave 1 top is 1.1397
right now KDA price is 1.4
so if we set a stop loss of 1.12
and hold for wave 5
wave 5 must be above wave 3
and wave 3 top was 28.27
so if we are wrong
then Stoploss is very close
if we are right, target is very huge(Life Changing)
DYOR
NFA