brethbreak on KDAbreaking this trend with positive move from BTC
will take us high
i think we are in accumulating zone
just share my thoughts
KDAUSDT trade ideas
$KDA Long$KDA. Another interesting coin with a falling wedge pattern. I dare to assume that this pattern will be passed in a positive way. We have almost the same volumes as during the growth. We are in a good support zone of 6.69-5.25. However, if the Bitcoin shows negative dynamics, we might fall to the lower boundary of the pattern (about 1.63).
Nearest resistance zone is 9.22-10.39
Log capitulation Ps this is log scale. My trendlines are skewed.
All alts folow btc , who folows sp500.
With the Fed ready to increase interest rates, both sp and btc will suffer even more. This week we saw a bear and a bulltrap, and its trading sideways waiting to hit upper trendline and decide where to go.
Seeing we didnt get a big bounce to 40k to show bull power, we didnt see big buying volume either, this means bulls are waiting lower. 28k - 20k. Bears still in control. So no signs of reversal yet, instead another dip and maybe a big capitulation comming wich will push out all the last retail paper hands. I hope 28k holds, but we might see a quick drop to 20k and quick up, for institutions to buy big amounts.
I expect this weekend, when both btc and kda hit there trendline, to dip to next suport of 28k, wich means kda who has no strong suport untill 2,25$, will drop to 2$, rsi going further down to 20% in the daily.
From there we will be weeks in the 1,5$ to 2$ range. Rsi is so low, it will take lots of time to get rsi back above 40
and see a upward move. Its not going to be quick down and up. This is not a correction, but a full bear market. We dropped 95$ if we go to 1,4$. With retail wrecked, much crypto fud, pow ban (kda is pow), even if im a huge kda fan !! Right now its looking bad
Bear market = no volatility = It will take till q2 at least before we slowly will grind our way up.
My acc is down 65%, wich sucks, but 3x is all it needs. Im dca back in every dip under 2$. Lets hope, after the summer we can get back to 6$ and new ath by 2023
KDAUSDT COIN LEVELS 28.01.2022 (D Candle)KDAUSDT now almost in support, its great buying opportunity but same time 5$ is the Stop loss, once its reverse from this point we expect 20$ in short term.
Bearish.Hello all,
In my speculative analysis, I believe we will continue to see more downside with this asset. While forming a bearish pennant, KDA should hit the following targets:
$3.44
$2.30
$2.01
While I believe that KDA could potentially be a great asset, I am not currently invested.
All comments are appreciated, thank you.
32 day drop Elliot Wave C completionDuration counting of Wave A is 32 Days which may also be the same duration for current wave down Wave C landing on Jan 28th and Fib levels likely $3.50 . Up from here.
KDA OUTBREAK OR REJECTION - CRUCIAL MOMENTImportant moment for KDA, outbreak or rejection to 2.5$?
Neutral view.
KDA next move ?????in my opinion the next move of KDA
based on Elliot waves analysis i expected a 5 cycle Kinetic wave to end the last 4 big cycle .
Wave 5 for $KDA is coming! (KADENA)Elliot wave is playing out perfectly so far! KDA is now ready for the 5th wave.
I'm BULLISH! Are you?...
KDA double bottomThis could be the monthly bottom but BTC looks healthy but i put hope in the scamwick in BTC. Somebody loaded up.
Bukake is heavy underwater. His BTC friends will pump it imo. Tax season is coming. Make sure to take enough profits before April/May.
It will be either ALTseason or full on bear till next halving.
Kadena Correction after extended impulsDear Fellows,
i see a overextended impuls 5-wave, based on the elliot principle. After every impulsive 5-wave a ABC-correction wave follows. The target in this scenario would be somewhere between 3,6 and 4,8. Load your bags because imo this project easy does a 10x from there (look at roadmap on Kadena, there is coming huge shit!)
Dont be scared from a 80% - 90% drop, thats normal for early crypto projects.
And always be conscious about, smart investors are mostly early adoptors and not leverage trader !
No financial advice. Please only trade with the amount you can afford to lose
KADENA, IN THE HYPOTHETICAL DESCENDING CHANNEL !!!Unfortunately, due to the general market trend, the Kadena trend did not proceed according to our analysis, and we are witnessing a further decline in prices. Given the circumstances, the current view for Kadena is to reach the desired support area to prepare the conditions for entry as the first step.
It should be noted that this analysis is only a probabilistic idea and not a financial recommendation.
KADENA WILL ENTER PRICE DISCOVERY! UNDERVALUED PROJECTHello Traders!
Today we will consider the trading pair KDA/USDT
First-off, from a fundamental point of view, Kadena is a solid project with appealing Use Cases
Launching one of the world's first scalable ready for application,
Public braided blockchain,
Delivers Security & throughput, with a mission to unite public applications, private blockchains, and other interoperable blockchains in one place, driving traffic to the high-bandwith computer at the heartof the Kadena public blockchain.
Ohh, Forgot to mention it processes more transactions per second than solana. 480,000 transactions/second compared to Solana's 2,777 all thanks to it's braided chains.
Moving to the Technical Aspect of things, the chart above suggests Kadena is undervalued coupled with it's fundamentals.
Bullish Divergence formed complicated things, therefore we consider multiple scenarios if not all.
Currently in a large degre 5-way impulse move(orange), price action is yet to complete the 3rd wave.
3rd wave consisting of a smaller degree 5-way impulse move(blue) looks to be either in the 4th (correction) wave still, or on coure for it's 5th impulse wave to complete the larger-degree 3rd wave.
(Still holding it's ascending trendline, white pathway looks valid for the time being)
Highlighted are pathways price could follow, each following the rules of the wave count.
DCA zone/240(1) support is a good area to grab some irrespective of which scenario plays out.
Blue support zone down at the D4 support area(0.618 support) is the best place for large buys and to go long.
Green confluence zone is a take profit area with confluence irrespective of which scenario plays out,
Blue Resistance zone is Main target should wave 5 be much longer than wave 1.
Either way, Wave 3 looks to be the longest making this a Third Wave Extension.
Dump It.The 2022 great bull trap where retail turn from experts to depressed bagholders, It's going down I'm yelling timber!.
kdausdtDue to the inverted flag and the valid failure, I expected the size of the flagpole to fall and I opened the shorts position.
KDADiagonal + Untapped weekly support retest.
Don't think the bottom is in so i'm scaling in slowly.
Won't wait for the stop to be hit to cut the trade, but still a good R:R
KDA, Long at supports ! Possible around 600 % Profit !Are we prepared in advance to catch such a huge profit? Of course we are !
Here I suggested most probable and also most simple path of KDA as I see. It means it can show some more complicated forms like contracting triangles which are common for wave 4s. For now lets keep it simple. We can update our idea later if it ever needs an update !
If true , KDA will bounce back from strong support around 6-6.5 USD which formed by cluster of Fibonacci levels of different types. I guess when it reaches to the support BTC is also at support and whole cryptocurrency market move upward. Matter is to choose the best one to maximize the profit. Our price target for wave 5 is around 35 -42 which suggest around 500- 600 % profit buying at bottom and selling at the top although no one can catch the whole ascending wave !
Good luck my friends and wish you all huge profits.
KDAUSDTAfter a good growth in the form of wave 1 large now enter modified in wave 2 format.
After this wave is finished, be ready for a sharp growth in the form of wave 3
The divergence in MACD is obvious So we're going to have an upward movement in the form of wave B.
KDA 30 % profit setup heyyy
I hope everybody is doing well.
7 $ is a strong support line and a good time to buy some KDA.
10 $ is the first target then we can see some rejection from trendline
rsi almost hit oversold.
this is our sec post about KDA
....
not financial advice!
Kadena - Second Level Incoming!In our last analysis, we identified 2 areas where Kadena can reverse from. Our first level failed to hold and so now we are looking at the -0.27 fibonacci level. For confirmation, we can wait for daily bullish candle and to go further, we can wait for the break of the descending trendline to confirm reversal.
The key level to look at is the 3-4 area where we're anticipating a reversal.
Goodluck!
