#KDA/USDT#KDA
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.520
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.530
First target 0.543
Second target 0.560
Third target 0.581
KDABTC
#KDA/USDT#KDA
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.500 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.580
First target 0.684
Second target 0.76
Third target 0.833
#KDA/USDT#KDA
We have a bullish channel pattern on a 12-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.750
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.820
The first goal is 0.900
The second goal is 0.990
the third goal is 1.085
#KDA/USDT#KDA
We have a bullish trend pattern on a 4-hour frame, the price moves based on it and adheres to its limits well
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.908
The first goal is 0.966
The second goal is 1.08
the third goal is 1.19
#KDA/USDT
#KDA
On the 4-hour frame, we have an ascending channel within which the price is trading
There is stability in the price above the moving average of 100
We have strong upward momentum supported by the rising channel
Entry price is 1.275
The first goal is 1.366
The second goal is 1.478
The third goal is 1.600
Kadena (KDA) completed a setup for upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kadena (KDA) with US Dollar pair.
Previously we caught almost 33% pump of KDA as below:
Now on a 4-hr time frame, KDA has formed a bullish Cypher move for another price reversal.
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.
KDAUSDT Good PotentialKDAUSDT Technical Analysis Update
KDA's price is approaching the upper trendline of its descending channel and is currently trading above the 100 and 200 EMA. Trading volume is gradually increasing on the daily chart. If the price breaks out of the descending channel, we can expect a significant upward move in KDA.
Buy Level: Below $0.65
Stop Loss:0.54
Regards
Hexa
KDA/USDT-- Not a financial advice, please, do your own research --
Finally, we are observing break out of our downward resistance(Falling Wedge, reversal pattern) with some significant volume and multiple RSI divergences.
As for now, we need to await and see, how 1W candle gets closed(we still might end up with the fake break out).
I have DCAed at different price levels: 0.77$, 0.52$ and hold it for long term
If you have missed some recent KDA news and why I personally believe in project:
- ledger support
- increase of daily transactions volume(which signifies adoption)
- constant technical development
Kadena's DCA Zone (Gems edition)What Problems Does Kadena (KDA) Attempt to Fix?
Kadena (KDA) solves a variety of problems that continue to hinder large-scale blockchain adoption. For one, it helps to reduce inefficiencies due to inoperability across industries. The network’s multi-layer structure enables it to unite public applications, private blockchains, and other networks in a secure and seamless manner.
Kadena users can avoid network congestions thanks to the unique technical structure of the protocol. Kadena braids together multiple blockchains that share the same cryptocurrency to provide vertical scalability far beyond other PoW networks. This strategy enables it to expand or contract to meet the needs of the community. Notably, Kadena’s public blockchain performed a live network expansion from 10 chains to 20 chains in 2020 to demonstrate this capability to the market.
Do youalso feel it is a gem for the next bull market?!
Kadena (KDA) almost formed bullish Gartley for upto 14% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kadena (KDA) with US Dollar pair.
Recently we caught more than 25% pump of KDA as below:
Now on a 4-hr frame, KDA has formed a bullish Gartley move for the next price reversal.
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.
Kadena (KDA) almost formed bullish Gartley for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kadena (KDA).
Previously we caught a nice trade of KDA as below:
Now on a 4-hr time frame, KDA with Bitcoin pair has almost formed a bullish Gartley move for another price reversal.
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.
Kadena breaking out for a +300% rallyKDA is up around 9% as of this writing and I think this move as a lot more to go. There is some resistance to cleared on the way up, as always, but ultimately I see a big multi-month move to $4.7.
A couple of months ago price action finally broke out of the green "falling wedge" and did a whole lot of sideways as strong hand accumulated. I use quotes for falling wedge because it has a bit to much white space as drawn. The Kadena project looks really promising and interesting so I am not surprised that buyers stepped up.
The indicator analysis is pretty simple. There is a lot of hidden bullish divergence on the weekly chart and I see that as being enough to get us to the 0.5 fib retracement level. We may even get over-performance to around the 0.786 but I shan't be greedy. I will be closing the margin around the 0.5 (4.7) target,
Kadena versus Bitcoin
One reason I foresee a longer term consolidation patter on KDAUSDT is the KDABTC chart. The log MACD is still way below zero on the weekly and there is a lot of resistance at the bold black line as well as the Keltner channels. KDABTC has about 33% to go until it faces the 2 standard deviation Keltner and I expect to see multi-month structure develop to get the price action strong enough to start to curve the channel upward.
No matter what KDAUSDT is doing once KDABTC gets to the top of the 2 std dev Keltner I will have to access if I want to close out my margin to make it available for a btc margin trade.
My entry and trade
I am rather pleased with this entry. I got in two days ago at 1.003
There is a chance that this structure could turn into an ascending triangle and there may be a stall at $1.414 If that is the case then price could return to my entry. If that is the case I will take what profit I can get manually and wait for an entry on the third low of the ascending triangle. This would push out my time table for the move by several months.
I don't want get to repetitive, but things are going to start to get crazy. Total2 is in a rising wedge and a move to the top of the wedge sees the market cap of altcoins hitting all time highs and going over 350%. There is even a chance it pops out of the wedge.
I got into this trade with just my left over equity in my margin account. I hope to close 75% of it at target and the balance is going to go into holdings. Twenty five percent is going to my living and the other 50% is going to be used to continue margin trading.
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
Kadena (KDA) formed bullish Cypher for upto 26% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ).
Previously we caught a nice pump of KDA as below:
Now on a 4-hr time frame, KDA with BTC pair has formed a bullish Cypher 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 IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the KDA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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