KDA rally around the corner?KDA setting up for a nice rally to the upside, it is being held back by top trendline resistance though. look for a move over 2.20 for confirmation of a breakout.
KDAUSDT trade ideas
Kadena bounded range forecast to end of OctoberKadena bounded range forecast to end of October since recent price trajectory growth. Note previous upside breakout.
Pdex Support established. Volume spike in the last 8 hours. It appears we are going back up to the next support line. Charting for fun only.
KDA.USDT**whole market analysis in comment**
i'm not really into it,
it may touch or over lap the last Top, but after all will come down to make C wave
this C wave has 5 waves inside and also in price action the price has pulled back to that channel line and it's getting ready to get down.
that's all.
a gift:
the market in incoming days may come down, to say it better those currencies that has some correlation with BTC.USDT can correct about 20%.
i recommend to keep not to buy more, and if you have cash in hands w8 for the correction then entre the market
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Kadena to the heavensMy target is $6 in the interim. Just building a bag in the meantime. One of the only scalable PoW L1 out there !! shoutout Stuart Haber
Kadena TeacupHigh Tea for KDA ! Cup and handle is immense,
should reach $3.35 minimum
This is promising PoW tech in PACT4.0
$KDA - LOL imagine this not doing 50x+$KDA is an under cover beast. Posting for clout for my grandchildren. This prob does 30x min and up to 100x with a nice massive blowoff at end of this cycle. Imagine doubting whats about to happen this cycle.
Check the team, project, etc. Few, anon.
Wyckoff schematic on KDALooks distributive. Wyckoff schematic distribution 2. The last test for the high was weak and did not generate an UTAD. The current last point of supply (LPSY) would be an ideal place to short.
next target above 1$lets see if we can breakout, lookt at 20ama, if btc wont dump we will see great green candles again
Kda - Take full profitTake full profit in KDA as it completely hit our target putting buy order at .5 fib level and will hold it for $3 price
KadenaKadena's blockchain enables enterprises across industries to efficiently transact and share data in a decentralized manner. Kadena's technology aims to solve the challenges with current generation blockchains -- issues such as speed, scalability, and security.
This Project was made by the Team wich did JP Morgan Coin. DYOR is important. Total ROI is only around 100% so it means this project didn't rush yet. Token sale was around 0.13$ for Public.
Trading :
Buy 0.46 (Small Buy)
Buy 0.40 (Strong Buy)
TP : 1.1995$ ( You also can add a security TP around 0.99ish before the round number 1 )
Stop Loss : 0.2985$
Happy Tr4Ding !
Kadena- FA and Fib analysisGiven the innovation Kadena's Chainweb can bring to DEFI (Gas stations, scalable POW, hybrid blockchain PACT), their top tier team (ex-JPM, ex SEC), and their low hype and on time delivery style; holding this token longterm is very tempting. Kadena is on track to deliver their DEX by the end of this month. Given there is some hype and we maintain this uptrend I would to at least see this token retest its highs of 80 cents in this time frame.
Kadena set to explode. FA and accumulation periodDear community,
thank you very much for all the material i red in the last 4 years. I think I learned a lot, i got skin in the game, lost a lot, but overall i think I can now share my thoughts with you as I am a more mature investor/trader.
As you all know cryptospace is a crazy place, but full of good opportunities if you have the right mindset and can tackle the biggest problem of all: information asymmetry. I have been an M&A lawyer and then fintech entrepreneur, so I always do appropriate due diligences on projects I like before investing. But now let's focus on KDA
From a due diligence standpoint everything is green light: great team (from JP Morgan and SEC), great partnerships (Polkadot among others), great tech (fastest PoW chain - 480 tps), great ideas. Just to name my favorite idea from Kadena team: Gas station. Gas stations are linked by developers to smart contract so that end users do not have to pay the corresponding gas; then they can refuel the gas station with the profits they made from the utilisation of the smart contract. I developed smart contracts on Ethereum with my team and trust me: this is a very big thing. And this is just the beginning.
Another important element to consider is how early investors got in. I did big mistakes in the past investing early in coins than then dumped on me, as early stage investors bought them a lot under market price (sometimes with over 90% discount) and them sold them as they were released (also think about XRP). With Kadena I am 100% that this won't happen as investors SAFTs were at 0,50 and 0,70 usd per token, and now the price is ranging between 0,135-0,15, so there is no reason to see more dump.
Another interesting point from an investor's perspective is the accumulation range of the last month. If you dig deeper and go to lower time frames you will see investors are buying in chunks when price arrives to 0,14 and up to 0,15; then the market maker dumps some more. Rinse and repeat.
Finally let's talk about potential: Kadena has a market cap of 8M and is around 600 place on marketcap. From my experience and gut feeling this project will be for sure in the top 20 market cap. Today Tron is the 20th for market cap, with an aggregate market cap of 1 billion USD. Even if we consider a reasonable worst case scenario this coin is for sure in the top 100; today at the 100th place we see BAND with a marketcap of 177M.
To wrap it up: the project has very strong fundamentals and the team has delivered always on schedule. The communication is very low volume and there is a lot of room for hype when gas stations are fully operational and their free-fee dex starts to be used. The coin is very low cap compared to what it already achieved, and in perspective it is at bargain price if compared to initial investors.
This is not financial advice and bla bla bla - even if I am a lawyer i don't like useless disclaimers.
I hope you liked my post and I will update it on a monthly basis.
If you want to donate - for whatever reason (I am a very nice guy!) this is my KAD wallet:
369cfdea7aa605df68d5154f1cf63594fd39c2a3661902b1c2d49e474daecf47
