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KDA

KDA AnalysisKUCOIN:KDAUSDT KDA failed to rally through resistance (R1) over the weekend and has since retraced to the 38.2% Fib level around $1.15. With the fed announcement likely to stir volatility across the markets I'd wager we likely come down to the area where S1 aligns with the trendline and the 50% retracement level at around $1.10. This also would be the breakout level from the Adam & Eve bottoming pattern formed from the November and Jan lows. Should be a strong level to bounce from, and we'll likely see some attempt here depending on how things react to the fed rate announcement. Whatever the news, good or bad, I think this bounce probably gets faded. Knowing crypto it will need to break this trend line and consolidate closer to the 61.8% level around $1.03. We'll probably get several touches on $1.00 and maybe one or two wicks below. These will likely get bought up at around .95 cents, which is the 78.6% fib level. Should we rally from there, it would be hard to ignore the possibility that the "Adam & Eve" bottom could actually have been an incomplete Inverted H&S. If KDA can put the floor in at those levels I think it's highly likely.
Long
by JNor
Bottoms UpKUCOIN:KDAUSDT has consolidated nicely on this trendline this past week. Sudden moves to the upside haven't seen much follow through yet, but the support has been solid. Interestingly enough, looking at the 4 hour chart you can see another Adam & Eve bottom along the trend line. This would appear to be a fractal of the much larger Adam & Eve bottom put in place at the end of the year. The consolidation and support level found around the $1.15 mark is the retest of the breakout from the large pattern. While the most recent 4 hour candle that wicked down from $1.25 to $1.18 could also be seen as the retest for the smaller fractal pattern. I'm well aware there's a stigma associated with pattern-based trading. Like pretty much everything in TA it should only be used in conjunction with other forms of analysis. However, these smaller echoes are worth watching. Should they prove to be valid in the end, they can be a very big tool in identifying price direction.
Long
by JNor
Kadena (KDA) formed bullish Gartley for upto 15% pump soonHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ) with US Dollar pair. Recently we had a nice quick trade of KDA If you are still holding KDA then I would suggest you to hold it and follow the targets as per new move, because, now on a 4-hr time frame, KDA has formed a bullish Gartley. You can calculate you targets as per the classic Gartley move and place your sell orders accordingly Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
1
KDA price targets for 2022I have another chart for KDA with a cleaner price action moving into the middle of December 2022. I have two price targets which are $0.46 at the 1.68 Fibonacci line and one at $0.59 which is another Fibonacci line. From the previous top, we had a 43% drop in price, and taking the same percentage drop into this recent possible high would bring us down to the 1.68 Fibonacci line. The second drop is so near to the 1.68 that I decided to use this as the stronger price target if we go lower. If Bitcoin does reach a $9500 price target then we could see this crazy low for KDA of $0.46. I also used a measured move on the previous high-to-low shown with the two yellow lines dropping down into the descending channel.
Short
by altcoinb
Kadena | Same Pattern Repeats | Green Monday? See Inside!The same pattern we saw today with OmiseGO (OMGUSDT), Internet Computer (ICPUSDT) and Decentraland (MANAUSDT) is repeating on the Kadena (KDAUSDT) chart, but here we are a bit more advanced. Let's dig in. (Boost, share, follow, comment, etc.) Not only these three pairs I mention above but many of the small cap., or I should say medium cap., altcoins are showing this exact same pattern. We see a lower low in November compared to June, sometimes May. The lower low has less volume in November compared to June. After the low is in we see a pick up in trading volume with the day closing green. We have a bullish RSI and a cup pattern. We also see all these pairs moving above EMA10 and some EMA21 but mostly all below EMA50. Kadena has gone ahead and is now moving above EMA50. EMA50 is the magenta line on the chart and opens the door for mid-term growth. This is great news... Because what one Altcoin does, the rest tends to follow. Let's hope we don't get a negative surprise tomorrow and everything turns the other way... The charts are bullish though. Not technically bullish but bullish potential developing; early bullish signals... Things can always change. Make sure to do your own research and have a plan before you decide to trade. Thank you for reading. This is smart advice. Namaste.
Long
by AlanSantana
1
KDA capitulation bottom 2022-2023Could the $0.30 cent plus range be the absolute capitulation scenario for KDA? The blu line is the absolute recorded low for KDA. We may pay this price a visit depending on the capitulation event with Bitcoin bottoming out at or below $9500. We could follow this descending channel if price points are correct. The other horizontal lines are Fibonacci lines that could come into play. I would think that crypto is getting closer to a bottom than we think. I have used a bars pattern as a fractal as visual.
Short
by altcoinb