KDAUSDT
Kadena | Same Pattern Repeats | Green Monday? See Inside!The same pattern we saw today with OmiseGO (OMGUSDT), Internet Computer (ICPUSDT) and Decentraland (MANAUSDT) is repeating on the Kadena (KDAUSDT) chart, but here we are a bit more advanced.
Let's dig in. (Boost, share, follow, comment, etc.)
Not only these three pairs I mention above but many of the small cap., or I should say medium cap., altcoins are showing this exact same pattern.
We see a lower low in November compared to June, sometimes May.
The lower low has less volume in November compared to June.
After the low is in we see a pick up in trading volume with the day closing green.
We have a bullish RSI and a cup pattern.
We also see all these pairs moving above EMA10 and some EMA21 but mostly all below EMA50.
Kadena has gone ahead and is now moving above EMA50.
EMA50 is the magenta line on the chart and opens the door for mid-term growth.
This is great news... Because what one Altcoin does, the rest tends to follow.
Let's hope we don't get a negative surprise tomorrow and everything turns the other way...
The charts are bullish though.
Not technically bullish but bullish potential developing; early bullish signals... Things can always change.
Make sure to do your own research and have a plan before you decide to trade.
Thank you for reading.
This is smart advice.
Namaste.
KDA/USDTPotential inverse Head&Shoulders on 1D timeframe, also bullish RSI divergence on 1W timeframe
If BTC price gets reversed back to the 25l+ level, also keep in mind we have unclosed gaps on CME exchange at 28k and 35k levels, hence I could expect KDA price follows BTC and potentially reach 3$ or 4$ level
I am also awaiting for the announce of 2nd KDA cohort or future projects, in general Kadena is long term investment, we have brillian team, therefore I sincerely believe that KDA has a bright future
$KDA Kadena buyzone and target. FA/TA.Kadena was always one of the promising yet undervalued Layer1. Their ecosystem is young, yet as they are using Proof of Work consensus, they are one of the few left PoW blockchain that support smart-contracts.
In term of price, $KDA was sitting at their support, ranging from $1.3 to $1.6 in the last 3 months. Now it's time for $KDA to boom or bust. Their valuation is fairly low (under $300M) compare to other layer1s, especially with their sharp competitive edge in the coming years.
In the long term view, Kadena valuation should be at least close to $800M - $1B market cap, with $KDA price ranging from $5 - $6. If there is a good market rally, $KDA price could hit $10, but that's unlikely to happen in the current bear market context.
However, $KDA still a good gem to buy. We've filled our position at around $1.3 - $1.45. Will buy more at $0.8 - $1.05 zone if we have the chance.
Buyzone 1: $1.3 - $1.45
Buyzone 2: $0.8 - $1.05.
Cutlosses: As a long term investor, we will cut our losses if the team abandon their project or a heavy exploit occur. Traders should manage to cut-loss if they loss more than 30% of their position.
Target: $3.8 -> $5 -> $8
Kadena- One of my follower asked me to repost about Kadena, so i do.
- Eveything is in chart, no price comment.
- Just Buy KDA at your convenience.
- i bought KDA around 0.5$ and sold around 15$ (+2900 %). i had a small bag on it, so i decided it was enough gains.😌.
- Kadena Pushed finally to 28$.
A bit about Kadena :
- Kadena's blockchain enables enterprises across industries to efficiently transact and share data in a decentralized manner.
- Kadena's technology aims to solve the challenges with current generation blockchains issues such as speed, scalability, and security.
- Prior to founding Kadena in 2016, Stuart Popejoy and Will Martino led "JP Morgan's Blockchain" Center for Excellence.
- First post about Kadena (March 2021) :
- Second post (October 2021) :
- So now when some peoples post comments on my charts with words like "MoonBoy" or "Fool" . i just nerd myself 🤓.
- i am here to help for free (no signals group, no patreons, no vip, nothing, zero )
- i am just happy if i can make some peoples win.
- i give my time and my reward is just hope, if i can change some families life, i am winner!
- This is my manner to be thankful to TheKing from the time i started to believe in the White Paper.
- Don't forget cryptos are speculative assets and still young for now, but it could be the future.
- many projects will fail and die and some will success and moon, so you need to be smart and diversify your invests.
Every Man is the Architect of his own Fortune.
Happy Tr4Ding !