KDA - Great level to $tart DCA, very over$old on many timeframe$KDA Kadena is a very solid project. We have been following it for a long time.
Currently it is seriously oversold and it presents an opportunity to start looking for an entry.
Follow the analysis in the video to find out why we believe so.
Thank you for watching! Comments and feedback are always welcome :)
KDAUSDT
KDA Getting Ready For Bullish Surge? Kadena Today Analysis 💎Yello, Paradisers, get ready for action! KDA/USDT is teetering on the edge of a bullish breakout, poised to escape its downward channel and kickstart an upward journey.
💎Recently, Kadena (KDA) has been gravitating around a crucial support area. With trading volume on the rise, we're optimistic about a forthcoming bullish swing.
💎After initially setting equal highs, the price took a notable nosedive, signaling a shift in market sentiment and prolonging its bearish course.
💎However, bullish indicators are starting to resurface, and we expect the KDA to aim for the looming supply zone soon.
💎A word of caution, If the price breaks below the support amid market fluctuations, gear up for a potential bearish continuation.
💎Stay tuned for more real-time updates and trading insights!
KDA , Another attractive over-the-block situation!Another attractive over-the-block situation!
KDA token
In the time frame of 15 minutes, according to the chart, two long positions with two targets are suggested. After receiving the approval of the entry, with capital management and compliance with the risk to the appropriate reward.
Tip: The downward and upward trend lines drawn on the RSI indicator can help you find the right entry point.
Good luck and profitable.
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 (KDA) formed bullish Gartley for upto 28% pump soonHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ) with US Dollar pair.
Recently we caught nice trade of KDA as below:
Now on a 4-hr time frame, KDA has formed a bullish Gartley pattern for another price reversal move.
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 AnalysisKUCOIN:KDAUSDT KDA failed to rally through resistance (R1) over the weekend and has since retraced to the 38.2% Fib level around $1.15. With the fed announcement likely to stir volatility across the markets I'd wager we likely come down to the area where S1 aligns with the trendline and the 50% retracement level at around $1.10. This also would be the breakout level from the Adam & Eve bottoming pattern formed from the November and Jan lows. Should be a strong level to bounce from, and we'll likely see some attempt here depending on how things react to the fed rate announcement.
Whatever the news, good or bad, I think this bounce probably gets faded. Knowing crypto it will need to break this trend line and consolidate closer to the 61.8% level around $1.03. We'll probably get several touches on $1.00 and maybe one or two wicks below. These will likely get bought up at around .95 cents, which is the 78.6% fib level. Should we rally from there, it would be hard to ignore the possibility that the "Adam & Eve" bottom could actually have been an incomplete Inverted H&S. If KDA can put the floor in at those levels I think it's highly likely.
Bottoms UpKUCOIN:KDAUSDT has consolidated nicely on this trendline this past week. Sudden moves to the upside haven't seen much follow through yet, but the support has been solid. Interestingly enough, looking at the 4 hour chart you can see another Adam & Eve bottom along the trend line. This would appear to be a fractal of the much larger Adam & Eve bottom put in place at the end of the year. The consolidation and support level found around the $1.15 mark is the retest of the breakout from the large pattern. While the most recent 4 hour candle that wicked down from $1.25 to $1.18 could also be seen as the retest for the smaller fractal pattern. I'm well aware there's a stigma associated with pattern-based trading. Like pretty much everything in TA it should only be used in conjunction with other forms of analysis. However, these smaller echoes are worth watching. Should they prove to be valid in the end, they can be a very big tool in identifying price direction.
Kadena (KDA) formed bullish Gartley for upto 15% pump soonHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ) with US Dollar pair.
Recently we had a nice quick trade of KDA
If you are still holding KDA then I would suggest you to hold it and follow the targets as per new move, because, now on a 4-hr time frame, KDA has formed a bullish Gartley. You can calculate you targets as per the classic Gartley move and place your sell orders accordingly
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KDA/USDTNot a financial advice
Potential Inverse Head and Shoulders pattern on 4H timeframe
If we manage to break a downward resistance line and successfully retest it after we can continue growing to 2-3$ area in future with starting price rates at 1.2$ - 1.4$
As for me, I will keep KDA on spot and await to see where KADENA team leads us, 2023 year is promising
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
Can KDA bulls take back control?KUCOIN:KDAUSDT fighting to escape a bearish H&S pattern as it consolidates below the 200 DMA. A breakout higher from here strong volume, after rejection of what should've been an easy setup for the bears. A weekly close around $1.45-1.50 would be a major breakout for the crypto. On the downside, ideally $1.15 would be the support level to hold, with any break of this level likely leading to a retest of at $1.00.