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KDAUSD

KDAUSDT Rebounded on the long-term Buy Zone.Kadena (KDAUSDT) is having one of the strongest rebounds from the top 100 cap coins. Besides the fundamentals involved, a key technical reason is the fact that it entered the long-term Buy Zone and almost hit the bottom (Higher Lows trend-line) of the Fibonacci Channel pattern that formed since its first trading days. However this rebound may be short-lived as despite the Bullish Cross on the 1D LMACD, the price always dipped a little lower after this formation. In fact, the last two rallies in February 2021 and August 2021 were confirmed only after the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line) formed a Bullish Cross. Basically during these corrections, the 1D MA100 has been acting as a Resistance and its break confirmed the uptrend. This matches perfectly the recent price action and correction, as the 1D MA100 has been the Resistance since January 13 2022. As a result buy only if you have a long-term perspective as the price may dip towards the -0.236 or even the -0.5 Fibonacci extensions until a permanent bottom is formed. Otherwise, wait for a 1D MA100 break or the Bullish Cross of 1D MA50/100. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
12
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!🙏
by RektMyMom
11
KDA: Which will Come First? 4.3$ or 14$?KDA is now in a Symmetrical Triangle & NO break out has happened so we can Not Determine the Trend yet. But When it happens The Price is gonna Increase or Decrease as much as the measured Price Movement (AB=CD). Wait for The Break out , Depending on It Price can reach 4.3$ (Bearish Scenario) or 14$ (Bullish Scenario). _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
14
KDA - U know whats coming GUYS!Hello, here u can see, where Kadena will go. Im very bullish on this one! Take your bags before is too late! If we get over orange trenline we can start booming hard , especially if Kaddex and Marmelade launch it will be hard pressure UP! Green lane is MAIN support. Red is first stronger resist. Blue is way where we probably go. Red arrow is launching way. There is so much new on KDA coing out soon, which help us get from this place easily, than KDA will be unstoppable. Ofcourse its all matter of BTC , but once we get from here, than even BTC wont stop us. :)
Long
by ImrichKcz
6
💥Kadena is approaching target at $5.50Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ With respect to my previous forecast on kadena. I said it’s either we see a rise to $8.10 or a fall to $5.50. Kadena obeyed the bears and broke out of the lower trendline. Since my last call, price has fallen by 11% from $6.79 to $6.0756. As seen here, kadena is still falling to the target price at $5.50. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
3
KADENA - TO RISE TO $8.10 OR FALL TO $5.50Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ We have two different pattern on this chart. The first pattern which is a descending triangle indicate a fall to $5.50. The second pattern which is an ascending triangle indicate a short fall to the lower trendline before a rise to $8.10. We need a confirmation with either a rejection or continuation on the lower trendline to be sure of kadena next direction. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
2