KAI is looking solid.
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KAI held up well against the BTC drop . We are currently trading at .0000010438
We can see from the chart that KAI has been having some sideways actions. With BTC hovering around 11K, I feel that KAI might just try to break out above the first support (drawn).
I like sets ups where price action moves sideways and slightly up with declining volume . That normally tells me a move is on the way and usually to the upside. Once volume comes back, you can imagine what it will do to the price. You can see my volume indicator on the chart. Normally, with weaker volume , price follows down. Not the case here with KAI - price is holding up - and that is a major indicator.
MACD is looking to cross over. And has a lot of space to wind up. This is great for price action. The RSI is at 67, not an issue once we have momentum.
I also like that the EMA100 has been respected on the daily. Zooming out to do TA on daily, gives me a big picture feel. You will note that I have two green signals to go North! Let's back up the truck and fill it up at these prices as it will not be long before a truly magical move happens.
I have drawn a second support on the chart. Note that once this is breached, we are in no man's land. Price will take its own course. ATH are just around the corner.
You may notice that I have a recent bull signal on my set up. 5/6 of these bull signals have been very accurate. They are to be respected. If we break the second support line, we will head to: .0000016500 and above. As noted, don't underestimate KAI .
This is one of those rare finds. Around a 20M market cap. Daily volume around 2M. This coin has the potential to easily become a 100M market cap and possible a lot higher as adoption really kicks in. With contracts in hand with major players in Vietnam and beyond, this is just a matter of time.
Keep in mind mainnet on KAI will be in Q4. Testnet was a success so I see this being a major impetus. They also have their mobile payment solution being rolled out with a major corporation in Vietnam. With a really strong core team made of a Google US devs/ managers. And some other well respected management, I am not surprised by their achievements thus far.
No need for stop loss on this one. We are well and truly riding high in profits and I expect much more to follow.
If you have benefitted from my signals or profit from this 'education and discovery' and wish to show grattitude.
Sending you love, light and profits.
Dale
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This is of course just educational information. Think of this as a video game. Nothing is real and you are the player.