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Kdausdtlong

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
Long
by TradeYourLogic
11
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. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF