KDAUSDT trade ideas
KDA pullback to 0.50$?Hey traders. KDA performed beautifully in Dec. '23 with a 100% growth in price. But since than it is in Bearish trend and with the current bias all over the Crypto Markets I believe it could retrace back to 50 cents. That is if the support at around 0.80$ won't hold. Since Dec. '23 volume & RSI are descending also. Let's say a mid term correction for KDA is due before proceeding to chase the ATH later this year.
Good luck!
(NFA)
KDAUSDT (1H) - Bearish wave We2Hi Traders
KDAUSDT (1H Timeframe)
A high probability, entry signal to go SHORT will be given with the downward break of 0.9610 after the market found resistance at 0.9975. Only the upward break of 0.9975 would cancel the bearish scenario.
Trade details
Entry: 0.9610
Stop loss: 0.9975
Take profit 1: 0.8727
Take profit 2: 0.7955
Score: 8
Strategy: Bearish wave We2
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
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.
Kadena (KDA) completed a setup for upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kadena (KDA) with US Dollar pair.
Previously we caught almost 33% pump of KDA as below:
Now on a 4-hr time frame, KDA has formed a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
$100 is not impossible.If you look at Solana before the hype, the same situation applies. It will take place on the day that a few famous investors call the next Solana Kadena.
Yes, Kadena's price should be $5-10 before this happens. From a crypto perspective, upcoming ETF approval, especially now, will cause investors to shift to approved projects in the USA. Kadena has a former SEC employee on staff, and it's a project with JP Morgan connections. I think the bad boys of Wall Street have seen this and will definitely perform better than expected in the upcoming bull run.
Yes, before you make fun of it, take a good look at the Solana chart below. $2 to $200
KDAUSDT Good PotentialKDAUSDT Technical Analysis Update
KDA's price is approaching the upper trendline of its descending channel and is currently trading above the 100 and 200 EMA. Trading volume is gradually increasing on the daily chart. If the price breaks out of the descending channel, we can expect a significant upward move in KDA.
Buy Level: Below $0.65
Stop Loss:0.54
Regards
Hexa
KDA/USDTKDA/USDT, from my perspective, is a currency that I believe has potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own responsibility; the above is merely my opinion.
KDA/USDT-- Not a financial advice, please, do your own research --
Finally, we are observing break out of our downward resistance(Falling Wedge, reversal pattern) with some significant volume and multiple RSI divergences.
As for now, we need to await and see, how 1W candle gets closed(we still might end up with the fake break out).
I have DCAed at different price levels: 0.77$, 0.52$ and hold it for long term
If you have missed some recent KDA news and why I personally believe in project:
- ledger support
- increase of daily transactions volume(which signifies adoption)
- constant technical development
KDA Dont Miss Out! Grab the Bull by Horns And invest Smartly**Short Fundamental Analysis of Kadena (KDA)**
Kadena (KDA) is a layer-1 blockchain that aims to provide high throughput and security at scale. It utilizes a unique hybrid consensus mechanism that combines the strengths of both Proof-of-Work (PoW) and Directed Acyclic Graph (DAG) technology. This approach allows Kadena to achieve fast transaction speeds and low transaction fees while maintaining the security of Bitcoin.
**Key Features of Kadena:**
* **High Throughput:** Kadena can process up to 250,000 transactions per second, making it one of the most scalable blockchains available today.
* **Security:** Kadena's hybrid consensus mechanism combines the security of Bitcoin with the scalability of DAG technology. This makes it a highly secure blockchain that can support a wide range of applications.
* **Enterprise-Grade Focus:** Kadena is designed for enterprise adoption and has a number of features that make it attractive to businesses, such as smart contracts, scalability, and security.
**Recent News**
* **Kadena Integrates with Chainlink Oracles:** Kadena has integrated with Chainlink oracles, which will allow it to access real-world data and assets. This integration could open up a number of new applications for Kadena, such as decentralized finance (DeFi) and non-fungible tokens (NFTs).
* **Kadena Deploys Smart Contract for Tokenized Bond Issuance:** Kadena has deployed a smart contract for tokenized bond issuance, which could revolutionize the way bonds are issued and traded. This could make it easier for businesses to raise capital and for investors to access new investment opportunities.
* **Kadena Partners with Chainalysis for Blockchain Analytics:** Kadena has partnered with Chainalysis, a leading blockchain analytics provider, to provide enterprise-grade blockchain analysis services for Kadena. This partnership could help businesses to comply with regulations and to identify potential fraud and abuse on the Kadena blockchain.
**Disclaimer**
Please note that Kadena is a relatively new cryptocurrency and is subject to a high degree of risk. There is no guarantee that Kadena will be successful or that its price will appreciate over time. Investors should carefully consider the risks involved before investing in any cryptocurrency.
**I am not a financial advisor and do not provide financial advice. This is for informational purposes only.**
KDA LONGIve been at this for awhile. I never publish but i like to watch what others post. However, i do see a big opportunity here.
We know the cycle and how money shifts, This may be a long swing but i think Kadena has potential to really shine.
The charts i focus on are the 1D and the 1W the one day just had a golden cross. Furthermore, the one week flipped into a green super trend since their run up to 28 dollars.
Highly recommend looking into this, I think there is money to be made here. Make sure you follow the market closely in January it may get alittle bumpy.