Kadena
KDA 15m timeframe. Bullish or Bearish?mixed signals on the KDA 15m timeframe
- there has been a few candle closes in the red ichimoku cloud which indicates a leg up to the top of the cloud or above
- there is also a bullish TK cross which supports this move up
- but there is a large gap between the conversion line and base line which indicates a move down
- also a double top which supports the idea of a move down
i expect a move up as prices are low, people surely are buying the dip.
but who knows could go either way
$KDA - Time for Reversal or Keep Going Down?Kadena has had a nice run in November from around $6 all the way to around $28!
However, since its top, we have reached around 60% down from all time highs in November 11th.
Since then, it has been in a consistent downtrend.
However, at these levels, are buyers ready to step up?
We are now sitting in the lower channel on $10.45 - $13.30 range.
For Longs - Need to hold $10 support level.
Ultimately breakout of this channel and create new highs above $12.9.
For Shorts - We would like to stay under $13 resistance level
As well as Breakdown Channel under $10.25.
Let me know what you all think.
KDA/USDT on a 15m chart- double top
- bearish TK cross
- large gap in between the conversion line & base line = bearish
- support around $9.7 may break as its been tested a number of times in the past, however if this does break a support at $8.7 will hold
- thx to BTC for this retracement, also BTC to $42.5k
KADENA - EASY SETUP 🚀Kadena is showing us a very simple and easy setup. We had an impulse and now we're in an ABC correction, which will be followed up by another major impulse. Only question is where will the C wave stop.
We have 2 areas where we are looking for the end of C and the start of the impulse.
First area: 8.5 to 9
Double bottom area
Second area: 3.3 to 4
-0.27 fib
Trade Idea:
- Watch for the completion of C wave at one of the 2 areas mentioned
- Enter when bullish price action appears
- Put stops below the rejected price
- Targets: 28 - 33 - Hold the rest
Goodluck!
KDA - A true gem to be tradedRisk management - R:R :) avoid using leverage as you can wipe yourself out pretty quickly!
KDA to $100?i believe an upcoming BTC correction is coming before the end of Jan
with this drop alts could suffer while some alts could pump
with kda i believe it can drop to $6 and then pump back up
although with this drop it could reach the 0.113 fib level at around $3.50
my mid term target for KDA is $100 in the next 6 months
and $40 in the next 2 months, although with a binance listing this could happen straight away
Kadena (KDA) with nice bounce of 2-day MA Ribbon supportKadena ( KDA ) with nice bounce of 2-day MA Ribbon support combined with bounce of support zone on RSI .
The 2-day MA Ribbon was petty clear in the young past so far.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
#KDA $5 or $40 ?#KDA is in downtrend and try to break out the triangle and dynamic resistance at the area of 11-12. #KADENA needs to break out the strong resistance at the area of 14 to change to trend
Next important support and key levels of #KDA are 8 and 5.5
Of market drop and start correcting, you should pay attention to those two important supporting levels as entry points
Good luck
KDA.Usdt (Y21.P7.E1).BTC fractalHi All,
It seems there is a similar pattern to BTC bullrun for 2017 top or ATH.
I do still believe we are in accumulation mode for BTC so this ALT will therefore likely play out with a rejection at the 0.618 or 0.786 level for an inverted barr structure.
KADENA has a fantastic start and I missed the bottom entry...those who got the bottom could be very successful if they never get rid of them.
Finding the next entry is difficult but lets give it a go.
All the best,
S.SAri
FYI.
If this is a reaccumulation or distribution structure...we have one of many scenarios.
KDA moves up the ranksKadena is a company that offers blockchain solutions for all types of occasions. From Bitcoin security to smarter contracts and unparalleled throughput, it offers a wide range of materials for blockchain integration.
Kadena: expecting at least -50% correction downExpecting 50% correction down with Kadena. The bearish sentiment with Kadena last been about 70%. From historical perspective, we can expect about -50% correction unless bull fundamentals change.
Kadena (KDA) at 2-day MA Ribbon supportKadena (KDA) at 2-day MA Ribbon support combined with support zone on RSI.
The 2-day MA Ribbon was petty clear in the young past so far 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
KADENA - We waited for this EntryThe thing with Crypto is that you 'never miss the train'.
KADENA has been a project that we followed, or a train we thought was missed. You see, in so many occasions we will see a project and think 'why didn't we know earlier'.
Kadena looks like a GREAT Buy today and personally i am getting on it.
Technically, the price is now on it's biggest support. I could not have shared with you a simpler chart and those are exactly the ones that tend to work the best.
Ranked #73 , Kadena :
Kadena is a blockchain which optimizes scalability and features a smart contract language called Pact. Pact is readable by non-developers and automatically detects bugs. Their ecosystem provides the security of Bitcoin, virtually free gas, unparalleled throughput, and smarter contracts. Plug in, deploy, and scale.
Another opinion : Kadena Will Rise Much Higher Thanks to New Smart Contract Features.
ps. we waited for this.. the only reason we can be happy about this dip.
One Love,
the FXPROFESSOR