Possible cup and handle pattern?Kda looks like it's going to do cup and handle on daily time frame.
lets see where it goes
NFA
KDAUSDT trade ideas
Kda bear flag breakoutKda was forming a bear flag on the 1H and is currently braking out to the downside. With this breakout is also broke the daily trendline suport to the downside.
Also there is a dead cross on the 4h, wich is bearish too
On the daily, it looks like we are in the 3th correction wave, with wave 2 top at 18$
According to the flag theory, the breakout is as long as the pole, wich gives us a target of 8$ of the 3th correction wave.
8$ is also the top of the monthly buy zone, from 6$ to 8$.
As we have no idea when kda will be listed , wich could trigger a parabolic move, i wouldnt wait to buy kda at the bottem, so im dca. I started at 14$, with 40$ tp1 longterm, but at the moment it looks like we could hit the wife changing money zone of 8$.
Ill add 20% each target.
12$ 10$ 8$ 6$
KDA Based on Elliot waves we're in the fourth motive wave. We can project that the ending point would be around 6 dollars or possibly down to 3-4 dollars (6 is where the .764 fib is and 3-4 is around the .886). Using the VPVR(volume profile indicator) those areas are also large areas of support. In the book we're told a good projection for the fourth wave is usually making a parallel channel between points 1 and 3, and then down to the 2nd.
This channel isn't concrete and is known to be wrong at time but they're a very good reference point a majority of the time, and I will adjust if necessary.
One thing that intrigues me is the idea that the third wave might actually not be done and we might have just started the 5th inner/primary wave of the 3rd motive wave -- I haven't gone in to count the smaller waves.
One reason why I'm saying this is possible is more just because the MFI and stoch RSI are in over sold regions, but since momentum isn't following I wouldn't entertain that possibility at all just yet.
Looking forward to big announcements coming from this project!
Short term possibly Short and long term LONG
$KDA hodlers, prepare yourself and hold your hats BTC must not dump, otherwise we will probably test as I showed
KDA/USDTBuy step by step in support. Or if the market does not fall, buy after the resistance breaks.
Like and comment please❤
Kadena wait for breakoutKadena is in a symmetrical triangle, wait for breakout. Price target would just depend on bitcoin.
Kadena Longkda broke out its channel it retested my 78.6 fib my long term target is the -68 on the fib
KDA/USDTA bounce back from the 4H support levels is expected to the targets
Note: I am beginner trying to just learning
publishing my idea is to save it and to receive any notes on it from someone who is at good knowledge
So, this is not a financial advice for sure
kda giving us another entry?🦉kda saw a nasty rejection after our first price target got hit! congrats if you secured gains.
now its back to trendline support/rsi support, our price target 1 probably gets hit again in the net few week.
like and follow for more 💘
KDA to $100?i believe an upcoming BTC correction is coming before the end of Jan
with this drop alts could suffer while some alts could pump
with kda i believe it can drop to $6 and then pump back up
although with this drop it could reach the 0.113 fib level at around $3.50
my mid term target for KDA is $100 in the next 6 months
and $40 in the next 2 months, although with a binance listing this could happen straight away
KDA Daily TimeframeFirst Retracement as next safe entry?
expectation of rebound at EMA10 and sail to next Resistance?
#tayor
KADENA on fire!KDA is in a good buy region. With the bullish moves of BTC, it will go for the moon. Let's see.
KDA : Good for long term Not too late to get in Kadena and flux will be good for long term :)
* DYOR
nice breakout past downtrend resistance, here my update 🧐we are seeing a fresh breakout past downtrend channel resistance on #KDA! if we hold the breakout we can hit or local resistance areas in 2022.
my previous analysis around 10 played out almost exactly as predicted, kind of scary to be honest! :D congrats to the longs that added during max fear!
my price targets are 16.25-21.06-28.26
like and follow for more 💘
KDA REVERSE HEAD AND SHOULDER PATTERN AND BREAKOUT- Reverse Head and shoulder clearly formed on the 4h followed by a breakout.
- Major resistance to break at 14$, we have been rejected 3 times now.
- in my opinion, the first 2 touches were just a false breakout.
- I'm confident and optimistic that this time KDA will break the 14$ resistance and the next target will be 18$. (ALWAYS KEEP AN EYE ON BTC THO).
- Bull flag formation.
- Increasing in volume in kucoin is another good indicator, however, it could retest 9$.
NOT FINANCIAL ADVICE
KDA 20 $ OR 9 $ ???We need a clear " retest " after breaking the 15.8 $ resistance.
if we get rejected we wait for a green box to buy.
not financial advice!
Long $KDA trade idea via Kucoin $KDA is a crypto currency that is currently traded via Kucoin app.
Bullish setup; Cup & Handle formed with MacD indicating a bullish breakout with the neckline at 12.45.
All time high for this currency is 28.30 which was a blow off top which led to a retracement of over 50% from the top.
Crypto currency is highly volatile so we do not recommend over leveraging via margin or futures trading.
Happy trading and Happy Holidays.
OptionsSwing Analyst
Daniel Betancourt
KDA/USDT Here we have a beautiful cup pattern☕😍. Buy after breaking resistance or in supports
Like and comment please ❤
KDA 3rd WaveI painstackingly charted the elliot wave chart for KDA and found that we just finished our second wave(potentially, although to support this we've hit the .618 taking a fib from the bottom of the first motive wave to the top, as well as the stoch rsi and MFI almost over sold on the 3D). This means we're entering the third motive wave which is almost always the most bullish wave in an elliot wave chart. This with Kaddex coming out within the next two quarters, start stacking!!!
Sorry to add on we also broke out of the bullish flag we've been in since ATH.Looking at the VPVR we're also at a pretty strong support around 11 bucks.
#KDA $5 or $40 ?#KDA is in downtrend and try to break out the triangle and dynamic resistance at the area of 11-12. #KADENA needs to break out the strong resistance at the area of 14 to change to trend
Next important support and key levels of #KDA are 8 and 5.5
Of market drop and start correcting, you should pay attention to those two important supporting levels as entry points
Good luck
KDA's next move!KDA recently had a major pullback after a great run. In my analysis, the pink lines are the demand zones. As you can see, the fib levels are being respected, specifically the golden pocket - 0.618. If KDA can have a daily close over the 0.618, I believe we could see another leg up. If the green trend line breaks to the downside, we could potentially see this go back down to around $6.60. I am long on KDA as I believe in this project. Always DYOR.
KDAUSDT - head and shoulders, potential long term break outClose above pivot point, confirms break of neckline and will be the momentum need to run til $15
close below... back down to $9 res.
KDA.Usdt (Y21.P7.E1).BTC fractalHi All,
It seems there is a similar pattern to BTC bullrun for 2017 top or ATH.
I do still believe we are in accumulation mode for BTC so this ALT will therefore likely play out with a rejection at the 0.618 or 0.786 level for an inverted barr structure.
KADENA has a fantastic start and I missed the bottom entry...those who got the bottom could be very successful if they never get rid of them.
Finding the next entry is difficult but lets give it a go.
All the best,
S.SAri
FYI.
If this is a reaccumulation or distribution structure...we have one of many scenarios.
