KDA
KDA/USDTPotential inverse Head&Shoulders on 1D timeframe, also bullish RSI divergence on 1W timeframe
If BTC price gets reversed back to the 25l+ level, also keep in mind we have unclosed gaps on CME exchange at 28k and 35k levels, hence I could expect KDA price follows BTC and potentially reach 3$ or 4$ level
I am also awaiting for the announce of 2nd KDA cohort or future projects, in general Kadena is long term investment, we have brillian team, therefore I sincerely believe that KDA has a bright future
$KDA Kadena buyzone and target. FA/TA.Kadena was always one of the promising yet undervalued Layer1. Their ecosystem is young, yet as they are using Proof of Work consensus, they are one of the few left PoW blockchain that support smart-contracts.
In term of price, $KDA was sitting at their support, ranging from $1.3 to $1.6 in the last 3 months. Now it's time for $KDA to boom or bust. Their valuation is fairly low (under $300M) compare to other layer1s, especially with their sharp competitive edge in the coming years.
In the long term view, Kadena valuation should be at least close to $800M - $1B market cap, with $KDA price ranging from $5 - $6. If there is a good market rally, $KDA price could hit $10, but that's unlikely to happen in the current bear market context.
However, $KDA still a good gem to buy. We've filled our position at around $1.3 - $1.45. Will buy more at $0.8 - $1.05 zone if we have the chance.
Buyzone 1: $1.3 - $1.45
Buyzone 2: $0.8 - $1.05.
Cutlosses: As a long term investor, we will cut our losses if the team abandon their project or a heavy exploit occur. Traders should manage to cut-loss if they loss more than 30% of their position.
Target: $3.8 -> $5 -> $8
Kadena- One of my follower asked me to repost about Kadena, so i do.
- Eveything is in chart, no price comment.
- Just Buy KDA at your convenience.
- i bought KDA around 0.5$ and sold around 15$ (+2900 %). i had a small bag on it, so i decided it was enough gains.😌.
- Kadena Pushed finally to 28$.
A bit about Kadena :
- Kadena's blockchain enables enterprises across industries to efficiently transact and share data in a decentralized manner.
- Kadena's technology aims to solve the challenges with current generation blockchains issues such as speed, scalability, and security.
- Prior to founding Kadena in 2016, Stuart Popejoy and Will Martino led "JP Morgan's Blockchain" Center for Excellence.
- First post about Kadena (March 2021) :
- Second post (October 2021) :
- So now when some peoples post comments on my charts with words like "MoonBoy" or "Fool" . i just nerd myself 🤓.
- i am here to help for free (no signals group, no patreons, no vip, nothing, zero )
- i am just happy if i can make some peoples win.
- i give my time and my reward is just hope, if i can change some families life, i am winner!
- This is my manner to be thankful to TheKing from the time i started to believe in the White Paper.
- Don't forget cryptos are speculative assets and still young for now, but it could be the future.
- many projects will fail and die and some will success and moon, so you need to be smart and diversify your invests.
Every Man is the Architect of his own Fortune.
Happy Tr4Ding !
KDA/BTCNot a financial advice
Based on my previous ideas, I still HODL my KDA bags in long term perspective
As for now, we have Highers High in KDA/BTC pair and BULLISH divergence in 1W timeframe, we are also trying to break 200MA on 4H timeframe, which is a good sign. Let's observe what happens next
KDA ecosystem is growing as well and development is continuing
KDA/USDT Cup&Handle?Can we reverse in price here and form a Cup and Handle pattern here eventually ending up at 2.7$ rate? I am not 100% sure yet but as I mentioned before I do really believe in KDA long term and I am DCAing my entry. Once we expand our ECO system and DEFI TVL, price will drastically ascend, definitely worth of keeping it a long term
Kadena (KDA) formed bullish Cypher for upto 54% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ) with US Dollar pair.
Previously we had a nice trade of KDA:
Now on a daily time frame, KDA has formed a bullish Cypher pattern. There is also a hidden bullish divergence on the chart, as the priceline is forming higher low and RSI is setting lower lows.
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.
KDA/USDTNot 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