KDA-USDT SELL Update 29/03/2024G-Money's short version analysis based purely on technical analysis only, no nonsense "BS":
Stop Loss (SL): -1.626 USDT
Entry Point: -1.528 USDT
Take Profit (TP): 1.332 USDT
PS: ( 1 ) Remember: recommended re-enter area is between Stop Loss (ST) & Entry Point.
( 2 ) If price went half way between Entry Point & Take Profit (TP), be patient please & wait for price retracement to ( 1 )- EP-SL area or for the next new set up ;)
General extended version of analysis, just for a general education:
Let’s analyse the KDA/USDT crypto pair for a potential sell order. We’ll consider both technical and fundamental aspects.
Technical Analysis:
Price Chart Overview:
The KDA/USDT pair is currently trading at 1.457 USDT.
Over the past month, it has seen a 27.22% increase in price.
However, in the last week, it experienced a 11.38% decline.
Key Technical Points:
RSI Divergence: The RSI indicator shows divergence, which could signal a potential reversal or continuation pattern.
Price Action Resistance Breakout: The pair broke out of resistance levels in both USD and BTC pairs.
Ascending Channel: The price is stable above the 100-period moving average, indicating strong upward momentum.
Long -Term Target:
Based on an expanding wedge pattern, the minimum target for KDA/USDT is around $6.65.
Fundamental Analysis:
Kadena (KDA):
Kadena is a blockchain platform designed for scalability and security.
It aims to provide high throughput and low transaction costs.
Keep an eye on any upcoming news or developments related to Kadena, as they can significantly impact its price.
Trade Parameters:
Sell Order:
Entry Point: -1.528 USDT
Stop Loss (SL): -1.626 USDT
Take Profit (TP): 1.332 USDT
Remember that trading cryptocurrencies involves risks, and it’s essential to stay informed and manage your risk accordingly. Always perform your due diligence and consider your risk tolerance before executing any trades. Good luck!
KDAUSDT
KADENA/USDT- set to rise🚀Kadena (KDA) from last two years was falling, this is the first time from then that the price has managed to hold above the 21 MA and 50 moving average and now seems to be in an uptrend on the daily time-frame. KDA have space for the growth in its price and can be considered as a buying opportunity, I am aiming for 7.7usd per coin in the upcoming months.
Note- This is my personal view and not financial advice crypto market is highly risky, do your own research before investing.
KDA - USDT , TP LVL ACHIEVED 26/03/24KDA - USDT did hit TP target level @ 1.613 with an ENTRY @ 1.453.
All trade took almost 2 days & all analysis was based on purely technical analysis only.
Congratulations 🎉 with another profitable trade & ...
KDA returns back to the watch list until further trade signal.
kda → another chance to hold ithello everyone...
as you can see this coin, started a sharp move on the Dec! After a sharp move, normally coins start an upward wedge or three drives!
as you can see this coin made a divergence on the RSI indicator! so we can invest in three drives pattern!
the gray area is fantastic to get and hold this coin!
the target could be the top of the channel and $3.4 for the first place!
___________________________
✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
#KDA/USDT
#KDA
On the 4-hour frame, we have an ascending channel within which the price is trading
There is stability in the price above the moving average of 100
We have strong upward momentum supported by the rising channel
Entry price is 1.275
The first goal is 1.366
The second goal is 1.478
The third goal is 1.600
Kadena ($KDA) - Flush the lows and run it upKadena is prepping for a flush of the lows in my opinion, but what comes after is what I am after.
Watching for a flush soon, then my trigger is a reclaim of the range low above green and continued strength thereafter, not weakness.
A move back to the range eq is significant, this is a large range currently in a re-accumulation-like phase of the cycle for Kadena and lots of other Alts.
Long-term green zone looks like a buy, short term I would wait for a flush and take it to the range eq.
My thoughts for now.
Vatsik
KDAUSDT ⇒ is bullish, buy and holdhello guys...
What is the use of KDA?
KDA is a digital currency used to pay for computing on the Kadena public chain. Like ETH on Ethereum, KDA on Kadena is how miners are compensated for mining blocks on the network and is the transaction fee that users pay to have their transactions included in a block.
as you can see this coin is on the ascending channel and made a baseline channel, it wants to touch the blue area (as the decision point) and then start another upward movement until reaches the 1.61 fibo level and the top line of the channel.
but if the baseline breaks down you should enter the next bottom line too
the short-term target: 1.65
the mid-term target: 3.1
the long-term target: 8.09
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
KDA/USDT upward momentum from support? 👀🚀KDA Analysis💎 Paradisers, focus on #KDAUSDT as it's currently exhibiting a trend that suggests an upcoming momentum shift from its support level.
💎 #KADENA, after encountering resistance and embarking on a downward trajectory, is now at a critical juncture. If it manages to sustain momentum at the support level of $0.887, we could see a bullish continuation, targeting the next major resistance zone. Thus, the support level at $0.887 becomes a key factor to monitor closely.
💎 As prudent traders, patience and strategic flexibility are our allies. If FWB:KDA does not initiate a bullish trend from the $0.887 support, we must be ready to adapt. In such a case, our focus would turn towards a potential bullish rise from a lower support level at $0.774.
💎 Vigilant monitoring of this level is essential, as a breach could lead to a strategic realignment, potentially indicating hurdles in sustaining a bullish path in the #KDA market.
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 $0.65
Stop Loss:0.54
Regards
Hexa
KDA/USDTKDA/USDT, from my perspective, is a currency that I believe has potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own responsibility; the above is merely my opinion.
KDA/USDT-- Not a financial advice, please, do your own research --
Finally, we are observing break out of our downward resistance(Falling Wedge, reversal pattern) with some significant volume and multiple RSI divergences.
As for now, we need to await and see, how 1W candle gets closed(we still might end up with the fake break out).
I have DCAed at different price levels: 0.77$, 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
KDA/USDT - Kadena: BBand Breakout◳◱ On the $KDA/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.624 | 0.642 | 0.678 and support near 0.588 | 0.57 | 0.534. Entering trades at 0.724 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Kadena
▣ Rank: 224
▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Bittrex, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Kadena is a public blockchain that aims to optimize for scalability and features a new smart contract language, dubbed Pact, which comes equipped with formal verification and upgradeable smart contracts. Kadena also uses a new Proof-of-Work (PoW) consensus mechanism called Chainweb that consists of multiple individually mined chains working in parallel to execute network transactions. This design theoretically supports a high-transaction throughput at the base-layer without the need for any second-layer scalability or functionality solutions.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.724 ₮
▣ 24HVol: 9,573,144.443 ₮
▣ 24H Chng: 16.963%
▣ 7-Days Chng: 18.22%
▣ 1-Month Chng: 27.38%
▣ 3-Months Chng: 52.95%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.624 | 0.642 | 0.678
◢ Support: 0.588 | 0.57 | 0.534
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.51
▣ Last 90D: 1.84
▣ Last 1-Y: -0.38
▣ Last 3-Y: 0.97
◲◰ Volatility :
▣ Last 30D: 0.82
▣ Last 90D: 0.68
▣ Last 1-Y: 0.74
▣ Last 3-Y: 1.41
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.71 - Bullish
▣ Reddit sentiment score is 0.74 - Bullish
▣ In-depth KDAUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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KDA/USDT bullish horizons? 👀 🚀 Kadena Today analysis
💎 Paradisers, brace yourselves for a promising venture with KDAUSDT. The asset is currently navigating within a demand zone, signaling a heightened likelihood of a bullish trajectory.
💎 A recent development to highlight is its break from a descending trendline, which previously acted as resistance. This upward shift is further accentuated by the transformation of an overhead supply into a demand zone, bolstering bullish sentiments. Given its current position within the demand zone, the odds favor a bullish surge.
💎 Should this bullish momentum persist, the initial expectation is a retest of the .561 resistance level. A breach of this threshold could further amplify the chances of challenging a more formidable resistance level above.
💎 On the flip side, if the price descends below the current demand zone, there's a probability it might revisit the trendline once again