KDAUSDT trade ideas
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 !
KDA - Buying Again 🚀KDA collapsed back into the blue retracement band as I said it would in the previous thread and I've bought again yesterday at the 1:1 fib.
Kinda funny in my previous thread one hodl plankton saying that KDA cant go below $2 but alas it went up and down and really this whole area has probably been an accumulation. That hump was just warming up the cause hopefully the effect will be realised as a big impulsive rally.
Up 8% currently today and threatening to pop out of the accumulation area.
Currently I first post my alt picks on my BTC threads.
But in a week or so i'm going to be opening a group so if you like this type of content you are welcome to say hi in the comments (i'm apparently not allowed to suggest you message me). My status will have details of the group soon probably starting on the 24th September - video of market coverage + educational content.
Linked threads below of buying the exact low and also taking profits to buy again here.
Not advice.
KDA - Taking ProfitFairly confident the tide is turning here in crypto an stocks - and so KDA here has had a pop up to the 1.618 extension and now looking bearish so i think it will get back to the blue band.
Plenty of divergence on the 4H RSI also
If not i really dont care I took some profit and can funnel it into something else if KDA continues up.
I wont touch my HODL position.
Not advice.
Long KDAI zoomed in on the the 12hr to better show the Elliot Wave correction, but I’m bullish based on the two recent weekly candles. The weekly has formed an inverted hammer candle followed by an unconfirmed doji candle at the bottom of a trend. This is indicating that a reversal is imminent. The bottom of $1.35 looks like the Wave C local bottom. KDA’s only resistance from here is the $1.80 range. Momentum and RSI are showing bullish signs that could help KDA test the first resistance level. The resistance levels are Fibonacci levels that trace back from the Wave 5 move.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
KDA/USDTKDA/USDT
The more the number of times a support is encountered, the more the validity of that support increases, but it weakens it.
This currency is one of my favorite coins and I don't like to say that it is falling.
But what we see in the chart is the sharp fall of this currency.
#KDAUSDT #KDA #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT