KDAUSDT trade ideas
Kadena Fibb Analysis of momentum of KDA, initially charted and then this produced a breakout since then applied fib retrace to monitor the trend being produced.
I am now watching this close for further break-out tests, until it stays in this channel, I still remain neutral, however; this should still produce a second top.
KDA - Small retrace, testing support before another leg upBig announcements the upcoming weeks and Kadena is getting noticed by a larger group of people with an increased interest. After the last run we are following a small channel in order two reach new ATH's. Kadena is a very serious project advised by Dr. Stuart Haber, Co-Inventor of blockchain himself. Whilst not even on Large T1 exchanges the columns aren't even close to what these large changes will bring.
I can see Kadena at least another 3-10x the next few weeks to months - depending on the markets in general.
NFA BTW..
KDAUSDT trade new opportunitiesKDAUSDT is hovering around 23% fib level which is crucial support area. From here trade can go up towards 61% fib level. High volatile trade with high yield trade.
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Kadena - The L1 Bull Cycle PerspectiveHi there. Just a quick comparison of Kadena's price in comparison with other L1 blockchains. Only big difference is
- Kadena is actually the only scalable Proof of Work blockchain in the entire industry
- Capable of up to 480k transactions per second with 20 chains
- Kadena is offering actual speed with the security of PoW
- PoW not being a security in the U.S. helps adoption there
- Strong team with proven history in blockchain from JPMorgan and the Sec
- Stuart Haber (co-inventor of blockchain) onboard
- It's not even on major exchanges except from Kucoin and Bittrex
If we look at the Solana it did a 10x from 24 dollars to 250 dollar in about 3 months time. I am convinced Kadena has all the elements needed to do at least a 10 from here. Leaving it (at current MC's) somewhere between AVAX and SHIB ijlst under the TOP 10 in 2-3 months from now.
NO FA. Just Comparison of prices.
KDA (Kadena) -----> LONG"KADENA, I had no idea how much I need her. . .In peaceful times I hold her close and I feed her". Sound familiar? I've seen this story/chart before and therefore, I am in! What is Kadena? A layer 1 smart contract platform that can scale, like, Infinitely bruh, with low fees :-) Some say, with Kadena, there is no reason for a layer 2 solution. ETH, SOL, AVAX... Eat your heart out! -Happy Trading!