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
If you like what you see, pls leave a like, share, and comment your thoughts below.
As always, feedback is appreciated!🙏
KDAUSDT
KDA falling wedge#KDA/USDT
$KDA is inside falling wedge pattern.
🐮 holding support zone can head up price to break out from upper line of wedge to reach resistance zone that is the same with descending trend line parallel to lower line of wedge.
break out this resistance can increase price to resistance zone between 0.5 and 0.618 fib levels.
🐻 break down from current support zone will drop price to lower line of wedge.
KDA: Which will Come First? 4.3$ 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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Thank you for seeing idea .
Have a nice day and Good luck
KDABTC IN A GOOD POSITION!!!!A analysis conducted on KDA shows that since November 11, when it started to drop, gradually, the momentum of the fall has decreased and the size of the candles has also decreased , which means that the power of sellers has decreased and the presence of buyers has increased.
Due to the small candles that were in the last fall, most candles are decision candles.
considering that the sellers did not have the power to create a new Low and the price is in a good daily demand zone, buyers are expected to try to hit TP1 in the first stage. After a short rest, go to TP2.
KDA objectif 10.5$ assez rapidement si LS valideComme prévenu sur twitter le 29.03, le twist du nuage fait son effet. On vient de clôturer au dessus du nuage
Attention prix a encore la TK W en rési. ET lagging span TKW + nuage.
Si on ne se fait pas rejeté par la TK w et qu'on clôture dans le nuage avec la lagging span, on peut venir cehrcher le plat SSB qui correspond à +- 10.5
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. :)