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KDAUSDT trade ideas

KDA USDT TO $7.5KDA USDT TO $7.5 Long accumulation phase on MONTHLY timeframe that finally broke out. This recent breakout from a long accumulation phase on the monthly timeframe suggests significant potential upside. Notably, it broke out of a drawn-out monthly descending channel and closed above it. A similar pattern is visible on the weekly timeframe, indicating a clean breakout and close. Generally, the higher the timeframe of the breakout, the larger the potential move. We observed a similar scenario with AVAX a few months ago, albeit on the weekly timeframe. We entered AVAX when it was under $10 and caught the mega-pump upwards of $40. Target: $7.5 Why $7.5? It represents monthly resistance on the chart. While this target may see a pullback, a breakthrough without significant resistance could propel us further. -------------- Kadena is fundamentally robust. If cryptocurrencies were valued solely on technology, Kadena would likely dominate in the top 10, possibly even the top 5. It's a Proof-of-Work chain that has solved the blockchain trilemma and operates without gas fees. You can conduct your research on Kadena's technology and the team behind it. In the future, when cryptocurrency becomes more regulated, many less useful coins will diminish, while those with real-world utility will thrive. Kadena is positioned to be near the top of this list, potentially seeing a 1000x increase or more in price. However, until then, let's remain conservative as crypto markets move with prevailing narratives. Kadena isn't flawless; its main drawback lies in the team's lack of aggressive marketing and advertising efforts. This could change during the altseason, but for now, it's a significant factor holding it back. Realistically, Kadena should retest its previous all-time high, potentially even surpassing it. BINANCE:KDAUSDT BYBIT:KDAUSDT.P KUCOIN:KDAUSDT MEXC:KDAUSDT.P BINANCE:KDAUSD BYBIT:KDAUSDT BITGET:KDAUSDT COINEX:KDAUSDT OKX:KDAUSDT CRYPTO:KDAUSD BINANCEUS:KDAUSDT KUCOIN:KDAUSDC ZOOMEX:KDAUSDT.P GATEIO:KDAUSDT COINEX:KDAUSDC
Long
by Coindatahouse
Kadena (KDA)On the above 5-day chart price action has corrected 96% since the sell signal (not shown). Now is a good opportunity to go long. Why? 1) A strong buy signal prints. (not shown). 2) Price action resistance breakout (USD and BTC pairs). 3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over an 80 day period. 4) Price action finds multiple weeks of support on the Fibonacci 0.236, since the start of the year. Is it possible price action could fall further? Sure. Is it probable? No. Ww Type: trade Risk: <= 6% Timeframe: Don’t know. Return: 60x
Long
by without_worries
24
✴️ Kadena | Detailed Update (Name Your Altcoin)I already shared with you the long-term chart for Kadena, KDAUSDT, the potential is huge but, our readers want more, a closer look. July 2021 is the All-Time Low; August 2023 is the month when we got a multi-year long higher low...
 The August low (and higher low) can be considered the bottom low of the consolidation phase. Ok, that's all the context we need for a closer look. KDAUSDT is trading at bottom prices, with a low in August and a higher low this month, October 2023. Now here is the interesting part and the revealing signal. The MACD hit bottom December 2021, creating the strongest bullish divergence ever: While the RSI hit bottom May 2022, another strong bullish divergence considering that the latest low KDAUSDT hit happened August 2023: These signals are telling us of a potential long-term trend reversal. Just as the pair has been going down for years, it will go up for years when the time comes for the trend to change. The long-term higher low indicates that a new All-Time High is possible within the next bullish phase. Short-term, current price action, we can see volume peaking up after the August low. Bitcoin just broke bullish and some Altcoins have grown by 1,000% or more. What one does, the rest follows. Never in the history of Cryptocurrency we see Altcoins growing 1,000%, 2,000%, 3,000% or more in a bearish phase. The fact that we are seeing this type of action only means that the bear market is over and we are getting ready for a new phase. These Altcoins went ahead or are set to produce even greater numbers in 2024... Regardless, Kadena as well as those other Altcoins that I am publishing daily are very likely to follow and grow. If you have another question just leave another comment. Make sure to follow & boost! Thanks a lot for your support. Namaste.
Long
by AlanSantana
9
KDA/USDT | 1W 👀I deem it highly promising and lucrative, thus, I intend to retain the main portion of the coins for the long haul. Currently, the outlook for all tokens appears favorable, hence, I've set aside an additional 1% of the deposit for coin purchases. Buying at current levels is also feasible if you're prepared to hold for at least a year. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Kadena. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Kadena #Investment #KDA
Long
by Nyskohuz
3
Kadena ($KDA) - Flush the lows and run it upKadena is prepping for a flush of the lows in my opinion, but what comes after is what I am after. Watching for a flush soon, then my trigger is a reclaim of the range low above green and continued strength thereafter, not weakness. A move back to the range eq is significant, this is a large range currently in a re-accumulation-like phase of the cycle for Kadena and lots of other Alts. Long-term green zone looks like a buy, short term I would wait for a flush and take it to the range eq. My thoughts for now. Vatsik
Long
by cryptovatsik
KDAUSDT - BULLISH OUTLOOKKDAUSDT is currently exhibiting a bullish divergence on the 1-hour (1H) time frame, signaling a potential reversal in the ongoing trend. Furthermore, the price has successfully broken above the last lower high, indicating the initiation of a bullish trend. Notably, the market is now forming higher highs and higher lows, supporting the notion of a bullish continuation. Here's a concise technical analysis along with a suggested trading strategy: Entry: Consider entering a long position at the current market price (CMP) of 1.118. Stop Loss (SL): Implement a stop loss order at 1.025 to effectively manage risk. Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio: TP1 = 1.211 TP2 = 1.304 This trading strategy aims to capitalize on the anticipated bullish trend continuation. However, it's important to monitor the market closely for any changes in price action and be prepared to adjust the strategy accordingly.
Long
by sunnytrader07
KDAUSDT ⇒ is bullish, buy and holdhello guys... What is the use of KDA? KDA is a digital currency used to pay for computing on the Kadena public chain. Like ETH on Ethereum, KDA on Kadena is how miners are compensated for mining blocks on the network and is the transaction fee that users pay to have their transactions included in a block. as you can see this coin is on the ascending channel and made a baseline channel, it wants to touch the blue area (as the decision point) and then start another upward movement until reaches the 1.61 fibo level and the top line of the channel. but if the baseline breaks down you should enter the next bottom line too the short-term target: 1.65 the mid-term target: 3.1 the long-term target: 8.09 ______________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
11
KDA/USDT upward momentum from support? 👀🚀KDA Analysis💎 Paradisers, focus on #KDAUSDT as it's currently exhibiting a trend that suggests an upcoming momentum shift from its support level. 💎 #KADENA, after encountering resistance and embarking on a downward trajectory, is now at a critical juncture. If it manages to sustain momentum at the support level of $0.887, we could see a bullish continuation, targeting the next major resistance zone. Thus, the support level at $0.887 becomes a key factor to monitor closely. 💎 As prudent traders, patience and strategic flexibility are our allies. If FWB:KDA does not initiate a bullish trend from the $0.887 support, we must be ready to adapt. In such a case, our focus would turn towards a potential bullish rise from a lower support level at $0.774. 💎 Vigilant monitoring of this level is essential, as a breach could lead to a strategic realignment, potentially indicating hurdles in sustaining a bullish path in the #KDA market.
Long
by MyCryptoParadise