KDA
KDA Moonshot opportunityHey folks, I am Nav!
With this account, I am trying to journal my trades. And I like to keep my trades extremely simple and uncluttered.
Please use the areas highlighted as support,confluence or resistance and plan accordingly & responsibly
If you liked my idea, please check others and follow for more!!
Cheers :)
Kadenaa (KDA) formed bullish Gartley for upto 9% moveHi dear friends, hope you are well and welcome to the new trade setup of Kadenaa ( KDA ) with Bitcoin pair.
Previously we had a nice trade of KDA:
Now on a 4-hr time frame, KDA has formed a bullish Gartley pattern:
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 broke its 1h trendline Hello #SorooshSchool Guys ,
As you can see in the chart , #kadena broke the dynamic resistant and pumped more than 8%
targets are available in the chart after retest and confirmation
Do not forget like and share this idea if it is useful analysis for you
Have a perfect day
KDA a bright future ahead! Scalable PoW solution. Fundamentals:
+ Mineable / POW (Falls within exemptions of the Infrastructure bill. Coming into effect Jan 2023)
+ NFT Ready with own markets (Marmalade)
+ Decreasing mining rewards every 6 months
+ Scalable
+/- Privacy Features (Can be improved)
Opinion:
I am a fan of POW algorithms. From a value point of view, KDA value is likely to increase as mining rewards decrease (Every 6 months). The period of December 2022 - June 2023 is of special interest; DAPPS such as Marmalade and others; are likely to boost transaction demand within the KDA chain. Nevertheless, as is the case with all other blockchains in 2022; I do not expect this token to make new highs for as long as the FED does not return to a real and tangible neutral policy. I expect to be buying L2 and possibly L3 multiple times during the accumulation phase.
This is not intended or made to constitute any financial advice.
Notes on how I personally use of my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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KDA IdeaPreviously we have done and dusted with 100% accuracy and exited the market at the very right time.
I am just trying to save the people from making the mistakes, that we did in 2018. You still don’t know what cheap altcoin is.
None of my tweets will be a financial advice
I will not DM you for premium join or money
Best of luck
ALMOST AT THE BOTTOM - (KADENA UPDATE ANALYSIS)Carrying on with our series of analysis on Kadena(KDA), our search for the bottom is nearing it's end hopefully.
In our previous analysis we identified a falling wedge pattern that could signal a reversal to the upside for kda, however it failed to do any good. Analysis with updates shown below(refer for context);
While we now have our buy region of $2 finally, are we bottomed out yet?
Referring back to our original analysis shown below, we pointed out the $1-$0.9 region to try our luck for volatility for an alternate entry;
This level is in line with the golden pocket.
Other Ideas:
Bringing us to this point in time.
KDA has broken back into its channel up, and also a rising wedge in the process. Our volatility region falls in line with the bottom of the rising wedge structure and the golden pocket. If that were to break then we simply cannot rule out bottom of the channel as a possible price target where we also have strong horizontal support.
Targets will be revised if needed depending on where price finds support.
If you've benefitted from this series of analysis so far, I'm happy it was helpful.
If you agree, pls like share and comment your thoughts below.
As always, feed back is appreciated!
Bitcoin will play a huge role in determining the outcome
KADENA - UPDATE! (FALLING WEDGE👀)In our first Kadena (KDA) analysis we predicted the drop from ath's and identified buy areas to scoop up a few as shown below:
After getting our DCA zone we then updated the chart again but have had a hard time getting our Wife Changing Money Area ever since:
In this update, from the chart above, we can see that price has managed to form what looks to be a falling wedge pattern which we failed to take note of the previous analysis. Pray this be a falling wedge pattern, we can expect price to touch support once more before heading for a breakout (as we know a pattern of this sort usually has it's breakout moment near it's apex).
Note that it can be both a continuation pattern and a reversal pattern, so make sure to use a stop-loss if you aren't in it for the long haul.
Should that not be the case, we can expect to continue our Dollar Cost Average Strategy till we get our WIFE CHANGING MONEY ZONE
- 19 year old
If you like what you see, pls leave a like, share, and comment your thoughts below.
As always, feedback is appreciated!🙏