Kadena
KDAUSDT Ready For a Bullish Breakout from the Falling WedgeYello, Paradisers! Are you ready for what could be a pivotal moment for #Kadena? Let's look at the latest analysis of #KDA:
💎We've been tracking #KDAUSDT closely, and the signs are pointing to an exciting continuation from the Bullish OB at $0.436. The falling wedge pattern we've observed is finally about to see a breakout above the descending resistance.
💎Now, all eyes are on the next target—the key resistance at $0.62. If #KDA holds its ground here, we could be in for a significant bullish rally, mirroring previous upward trends.
💎But here's the catch: if momentum fails to sustain at this level, we might see #KDAUSDT drop, with a possible bullish rebound from the lower demand area around $0.36-$0.39. This is a critical juncture, Paradisers. Staying vigilant is essential.
💎Keep a close watch on price movements of GETTEX:KDA , especially around the demand area. A daily closure below this zone could invalidate the bullish outlook and open the door to further declines.
Stay updated, focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
KDA - Price has hit the floor#KDA/USDT #Analysis
Description
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+ KDA has experienced a significant downtrend, with the price hitting rock bottom.
+ It's seen a 98% correction from its previous all-time high (ATH).
+ We're now observing a slight bounce back from the support zone, indicating a potential reversal in the trend. This presents a good opportunity to go long and capture the reversal.
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VectorAlgo Trade Details
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Entry Price: 0.47818
Stop Loss: 0.35421
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Target 1: 0.64553
Target 2: 0.90276
Target 3: 1.75005
Target 4: 3.67304
Target 5: 5.56133
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Timeframe:1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Kadena - $KDAKadena is a proof-of-work blockchain that blends Bitcoin's PoW consensus with DAG principles, providing a scalable version of Bitcoin. Key features include:
Scalability: Kadena offers industrial scalability, supporting global financial systems and scalable as needed.
Energy Efficiency: More transactions can be processed with the same energy input, making it more energy-efficient than Bitcoin.
Multi-Chain Approach: Decentralized infrastructure designed for mass adoption.
Crypto Gas Stations: Businesses can cover gas fees for their customers, easing blockchain adoption.
Network Expansion: Scaled from 10 to 20 blockchains with potential for further scaling.
Layer-Two Solution: The private Kuro blockchain supports up to 8,000 transactions per second across 500 nodes.
Kadena aims to provide secure, high-throughput blockchain solutions for enterprises and entrepreneurs.
The light blue highlighted area represents a strong demand zone.
This level has been a significant support in the past, preventing further upward movement.
Trendline Break: The downtrend line appears broken recently, indicating a potential shift from bearish to bullish sentiment.
The price begins forming a rounded bottom pattern, suggesting a potential reversal.
A key resistance level is identified at 0.877, the projected target for the upward movement.
Ensure proper position sizing to avoid overexposure to market volatility.
Kadena (KDA)Kadena once became so popular that its price exploded upward. After that, not surprisingly, KDA entered a corrective wave, a long one. It seems the corrective wave have rested at 0.786 Fibonacci level and is consolidating in a rectangle shaped pattern. Also, an A-B-C pattern might unfold; if true and C=A, this means price sharp upward move could be experienced again. Let's see what happens.
Time for KDA?This is my idea on KDA and how it will go in the future. KDA showed great potential in the last few months, but there are not many green candles when it's going down from the last higher high which is around 2. That worries me a little bit. Anyway, this is the opportunity to consider spot and futures trade, maybe either. I am waiting to break the support zone below, reach liquidity, and pull back in. Maybe CHOCH or BOS in 1H - 4H TF. 0.95-1 zone is very crucial, closing the candle above 1.05 in 1W TF will be a huge confirmation.
Will do an update on Entry and Take Profit zones.
KDA/USDT on the Edge of a Major Breakout From Falling Wedge👀🚀💎Paradisers, prepare for an exciting trading opportunity with #Kadena as we stand on the brink of a potential breakout from the Falling Wedge pattern. Currently, the price is compressed between falling wedge trendlines and we are expecting a bullish breakout due to momentum gained at $0.763 support.
💎If #Kadena can't maintain its hold at the $0.763 support and slips below, we might witness a continuation of the bearish trend and a push toward the next essential demand zone at $0.708. This zone is renowned for its historical bounce-back strength due to intense trading activity.
💎Should #KDA visit this demand zone again, achieving a rebound is vital for maintaining the bullish scenario. However, failure to bounce back could intensify bearish forces, sour market sentiment, and potentially prompt additional price declines.
💎Stay alert and focused, Paradisers. Your ParadiseTeam is diligently tracking the market to ensure you’re poised to capitalize on the unfolding trends in the GETTEX:KDA market.
MyCryptoParadise
iFeel the success
KADENA/USDT- set to rise🚀Kadena (KDA) from last two years was falling, this is the first time from then that the price has managed to hold above the 21 MA and 50 moving average and now seems to be in an uptrend on the daily time-frame. KDA have space for the growth in its price and can be considered as a buying opportunity, I am aiming for 7.7usd per coin in the upcoming months.
Note- This is my personal view and not financial advice crypto market is highly risky, do your own research before investing.
Kadena ($KDA) - Flush the lows and run it upKadena is prepping for a flush of the lows in my opinion, but what comes after is what I am after.
Watching for a flush soon, then my trigger is a reclaim of the range low above green and continued strength thereafter, not weakness.
A move back to the range eq is significant, this is a large range currently in a re-accumulation-like phase of the cycle for Kadena and lots of other Alts.
Long-term green zone looks like a buy, short term I would wait for a flush and take it to the range eq.
My thoughts for now.
Vatsik
KDAUSDT ⇒ is bullish, buy and holdhello guys...
What is the use of KDA?
KDA is a digital currency used to pay for computing on the Kadena public chain. Like ETH on Ethereum, KDA on Kadena is how miners are compensated for mining blocks on the network and is the transaction fee that users pay to have their transactions included in a block.
as you can see this coin is on the ascending channel and made a baseline channel, it wants to touch the blue area (as the decision point) and then start another upward movement until reaches the 1.61 fibo level and the top line of the channel.
but if the baseline breaks down you should enter the next bottom line too
the short-term target: 1.65
the mid-term target: 3.1
the long-term target: 8.09
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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KDA/USDT upward momentum from support? 👀🚀KDA Analysis💎 Paradisers, focus on #KDAUSDT as it's currently exhibiting a trend that suggests an upcoming momentum shift from its support level.
💎 #KADENA, after encountering resistance and embarking on a downward trajectory, is now at a critical juncture. If it manages to sustain momentum at the support level of $0.887, we could see a bullish continuation, targeting the next major resistance zone. Thus, the support level at $0.887 becomes a key factor to monitor closely.
💎 As prudent traders, patience and strategic flexibility are our allies. If FWB:KDA does not initiate a bullish trend from the $0.887 support, we must be ready to adapt. In such a case, our focus would turn towards a potential bullish rise from a lower support level at $0.774.
💎 Vigilant monitoring of this level is essential, as a breach could lead to a strategic realignment, potentially indicating hurdles in sustaining a bullish path in the #KDA market.
$100 is not impossible.If you look at Solana before the hype, the same situation applies. It will take place on the day that a few famous investors call the next Solana Kadena.
Yes, Kadena's price should be $5-10 before this happens. From a crypto perspective, upcoming ETF approval, especially now, will cause investors to shift to approved projects in the USA. Kadena has a former SEC employee on staff, and it's a project with JP Morgan connections. I think the bad boys of Wall Street have seen this and will definitely perform better than expected in the upcoming bull run.
Yes, before you make fun of it, take a good look at the Solana chart below. $2 to $200
KDA/USDT bullish horizons? 👀 🚀 Kadena Today analysis
💎 Paradisers, brace yourselves for a promising venture with KDAUSDT. The asset is currently navigating within a demand zone, signaling a heightened likelihood of a bullish trajectory.
💎 A recent development to highlight is its break from a descending trendline, which previously acted as resistance. This upward shift is further accentuated by the transformation of an overhead supply into a demand zone, bolstering bullish sentiments. Given its current position within the demand zone, the odds favor a bullish surge.
💎 Should this bullish momentum persist, the initial expectation is a retest of the .561 resistance level. A breach of this threshold could further amplify the chances of challenging a more formidable resistance level above.
💎 On the flip side, if the price descends below the current demand zone, there's a probability it might revisit the trendline once again