Kda : the beaty of mathematicsKda being my n1 project for 2022, ive been folowing each and every move of this like a hawk.
We are nearing the end of the bear cycle in kda, so its time to have a plan for every option ready, so you can buy as cheap as possible. Buying 1$ lower in average will give almost 50% more profit at the end, so this is where all the money is made and the most important part that will influence your ROI.
And even though i already have identified some prices where there was action before and could be of importance.
Now by backtesting the first waves something stood out: 2 exp x. 2, 4, 8, 16, etc.
Wave 1 : abc a : 16$ b: 33% higher c : 8$
Wave 3 : abc a : 8$ b: 33% higher c : 4$
Wave 5 : abc a : 4$?? b : 33% c : 2$
So if history repeats this is what wave 5 would look like :
End poin a small wave at 4$, was previous low, so i wouldnt be surprise if the past low, provided suport for the b wave bounce, up 33% (tradable), end of small wave c at 2$. 2$ was a big price on the way up to 28$, there was lots of action, bull/bear pulling.
I think from the 3 possible tp for the bottem, 2$ might be it if history repeats.
I'd say :
10% chance its 5$ bottem
30% chance its 4$ bottem
60% chance its 2$ bottem
This could be a possible dca option. It would give around 3$ average buy in.