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KDAUSD

KDAUSDT Breakout and UpdateSo, if you jumped on this when I first mentioned it, you made quite a large return. After a nice long consolidation period, its on the move yet again to my major target. Now, there will be some resistance along the way so if you are swing trading this, you will likely be taking profit at those areas and re-entering etc. Anyways, it looks good from here and I expect the asset to move past my major target throughout this leg of the bull cycle. Thanks again everyone!
Long
by mysticalwalrus
14
KDAUSD- A bullish hopeBased on current RSI level and decreased volume, i am looking for abreak below the current fib wedge support. This continued down trend finding support around $12 where the previouse trend line and current fib level intersects should adaquitly place the rsi in or near the over sood level. Slippage below would be oppertunistic as the release of the first layer 2 protocol kaddex on the kadena network in the near future should provide a bullish pump from an over sold condition and putting price action into the flat bottomed broadening triangle. Typically a good price range for prices experiencing high volatility. BITTREX:KDAUSD
KLong
by Saskguy306
KDA Price AnalysisThe daily chart shows that Kadena has gone vertical in the last couple of days. As you can see, the KDA token flat-lined for most of the year and only started to catch a bid in October. As a result, the Relative Strength Index reads 86.71, indicating the rally is incredibly overdone. Logically, an RSI of 86.71 suggests an imminent reversal. However, since when have cryptocurrencies been logical? On that basis, I cannot measure if the price will continue higher or collapse in the near term. Although in my experience, parabolic rallies normally end in spectacular (violent) fashion. Therefore, investors should exercise caution at the current level. This does not mean the Kadena price won’t go higher but will be vulnerable to shocks lower, as we saw yesterday. Hello community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts
K
by thomasfullerofficial
2
KDA, beautiful project! Let me enlighten you Sometimes trading all time highs must be difficult but let me explain to you why sometimes buying high could help you go higher First off, we could see a flag or a decending broadening wedge here this confirms that if we break the daily supply zone, then the technical target is 64% up. around 11.6$ KDA Established a demand zone, around the 5.4 area. (Good grab if you ask me) Volume is super decent, i like it. Now, keep watch first and see if it will break this flag. if it rejected that sell supply wall, you can fill your bags at the daily demand. Overall, project is amazing :)
by bitmoey
2