#KDA/USDT#KDA
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.520
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.530
First target 0.543
Second target 0.560
Third target 0.581
Kdausdtlong
#KDA/USDT#KDA
We have a bullish channel pattern on a 12-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.750
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.820
The first goal is 0.900
The second goal is 0.990
the third goal is 1.085
#KDA/USDT#KDA
We have a bullish trend pattern on a 4-hour frame, the price moves based on it and adheres to its limits well
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.908
The first goal is 0.966
The second goal is 1.08
the third goal is 1.19
#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) 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 $0.65
Stop Loss:0.54
Regards
Hexa
KDA/USDT-- Not a financial advice, please, do your own research --
Finally, we are observing break out of our downward resistance(Falling Wedge, reversal pattern) with some significant volume and multiple RSI divergences.
As for now, we need to await and see, how 1W candle gets closed(we still might end up with the fake break out).
I have DCAed at different price levels: 0.77$, 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 HAS POTENTIAL TO PUMP 120%!! Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this KDA/USDT update. KDA looks very promising here.
KDA is making this falling wedge pattern in a 3-day timeframe a currently retesting it.
Long KDA/USDT
Entry range:- CMP
Target:- 120%
SL:- $1.3
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you