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KDAUSDT trade ideas

KDA : OVERVIEWDisclaimer High Risk Investment Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form. A qualified professional should be consulted before making any financial decisions. -------------------------------------------------------------------------------------------------------------------
by TraderBibres2003
✴️ Kadena | Quick & Easy | Plain & Simple (Huge Potential)The initial breakout? Check, it was quick and easy. After the initial breakout a retest of support ends in a higher low! Yes, plain and simple. After the higher low a continuation takes place, this is what we are seeing now... The initial breakout produced around 40% in two candles... This time we can see over 100% in a matter of days. This is being conservative because the potential is huge, short-, mid- and long-term. Everything will go up. Namaste.
Long
by AlanSantana
✴️ Kadena Bottom Catch 1111% Potential (9000% Previous Bull-Run)Catching the bottom can lead to a huge opportunity but it is not easy to do so. Here we have a 2 years long higher low and a potential bottom catch. The RSI is at its lowest level ever; oversold. We have a massive 1.6 years long bear market... A recovery phase can take place followed by a bull-run. This process can take between 1.3 to 1.6 years, with the rest being consolidation to a full 2 years. Namaste. P.S. Growth potential can exceed 1,111% since higher lows lead to higher highs. The next peak should be a new All-Time High. The previous bull-run produce 9,000% growth, keep that in mind.
Long
by AlanSantana
13
Kadena breaking out for a +300% rallyKDA is up around 9% as of this writing and I think this move as a lot more to go. There is some resistance to cleared on the way up, as always, but ultimately I see a big multi-month move to $4.7. A couple of months ago price action finally broke out of the green "falling wedge" and did a whole lot of sideways as strong hand accumulated. I use quotes for falling wedge because it has a bit to much white space as drawn. The Kadena project looks really promising and interesting so I am not surprised that buyers stepped up. The indicator analysis is pretty simple. There is a lot of hidden bullish divergence on the weekly chart and I see that as being enough to get us to the 0.5 fib retracement level. We may even get over-performance to around the 0.786 but I shan't be greedy. I will be closing the margin around the 0.5 (4.7) target, Kadena versus Bitcoin One reason I foresee a longer term consolidation patter on KDAUSDT is the KDABTC chart. The log MACD is still way below zero on the weekly and there is a lot of resistance at the bold black line as well as the Keltner channels. KDABTC has about 33% to go until it faces the 2 standard deviation Keltner and I expect to see multi-month structure develop to get the price action strong enough to start to curve the channel upward. No matter what KDAUSDT is doing once KDABTC gets to the top of the 2 std dev Keltner I will have to access if I want to close out my margin to make it available for a btc margin trade. My entry and trade I am rather pleased with this entry. I got in two days ago at 1.003 There is a chance that this structure could turn into an ascending triangle and there may be a stall at $1.414 If that is the case then price could return to my entry. If that is the case I will take what profit I can get manually and wait for an entry on the third low of the ascending triangle. This would push out my time table for the move by several months. I don't want get to repetitive, but things are going to start to get crazy. Total2 is in a rising wedge and a move to the top of the wedge sees the market cap of altcoins hitting all time highs and going over 350%. There is even a chance it pops out of the wedge. I got into this trade with just my left over equity in my margin account. I hope to close 75% of it at target and the balance is going to go into holdings. Twenty five percent is going to my living and the other 50% is going to be used to continue margin trading.
Long
by This_Guhy
4