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
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KDAUSD
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).
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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. :)
💥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?
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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?
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Kadena : An overview of the bigger Timeframe... Kadena has been inside a huge falling wedge from its Alltime high. Asper Technicals, Falling wedge is a bearish reversal pattern.
Currently, We can see a falling wedge in the lower timeframe too. Breakout can lead to the Scenarios that i have marked using the Arrows.
Also if we break out of the major falling wedge, I expect a deadcat bounce. Also, It is always good to buy this gem using Dollar-Cost averaging at these very severely undervalued Prices.
KDA - Moon soonHello,
here u can see, where Kadena will go.
Im very bullish on this one!
Take your bags before is too late!
Green is first support when we get there.
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. :)
💥Kadena is moving as planned🤓Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This is the kadena daily timeframe chart. Price broke out from both the falling wedge and an ascending triangle.
Price is retesting the breakout price. If price reverse at $6.60, then this pattern will be valid.
What do you think?
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Happy Trading💰🥳🤗
KADENA on the verge of starting a mega rallyKDAUSD has been on fire recently and that bullish short-term trend broke above the 1D MA50 (blue trend-line) today. The last time it did so on December 27 2021, it was a fake break-out but on a long-term scale, it resembles more the bullish break-outs of August 08 2021 and January 25 2021. The CCI sequences between the three phases are very similar.
The CCI appears to have bottomed the same way it did in late 2020 and mid 2021, so there are more chances that the current 1D MA50 break is a bullish signal and not a fake-out. Technically, we should be seeing an aggressive rally soon and the modest target based on the neutral scenario of Jan - April 2021 is the Higher Highs trend-line at around 35.000. A break above the 1.5 Fibonacci extension, could target the 2.0 Fib as it happened on the October 23 break of 1.0 Fib (that almost reached the 1.5 Fib within 2 weeks).
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IS THE CORRECTION OVER FOR KADENA? (KDA ANALYSIS)In our Last KDA analysis we correctly predicted the sell of down to its current levels which was our DCA zone as shown below
In this analysis, we will look at the thigns required for KDA to meet our desired buy target of $2-$1.95
Still in it's correction phase, looks to be a gearing up for a wave correction of the downward 5 way impuls move.
Should this be the case, KDA could see prices of $8-11 before take a turn for our $2 dollar price target completing the impulse move down.
However, A close well above the upper green resistance and a succesful retest as support would invalidate our analysis.
Price Targets of $40-50 & $85-150 remain unchanged.
If you agree with pls leave a like and share your thoughts in the comments.
Feedback is appreciated.
Can #Kadena #KDA overcome RSI resistance?Can Kadena (KDA) overcome RSI resistance?
And how long will price stay below MA-Ribbon EMA60 before flipping it bullish again.
Last time we had to wait 88 days with a further loss of 72.5% - unlikely IMO.
OBV can give support so far.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
KDA double bottomThis could be the monthly bottom but BTC looks healthy but i put hope in the scamwick in BTC. Somebody loaded up.
Bukake is heavy underwater. His BTC friends will pump it imo. Tax season is coming. Make sure to take enough profits before April/May.
It will be either ALTseason or full on bear till next halving.