Last time i posted the idea of a ABC correction wave tl 8$ , folowed by a 5 wave impuls to 28$ to form a Shark pattern.
This time, it seems kda is moving into a triangle and might be doing a zigzag move to the bottem.
Seeing where btc is going, still very bearish, the suport at 40k held, i expect a bounce back to 43-45k and than range for a couple of weeks, but eventually btc wil bottem to 38k, eth to 2600 before turning around, and i expect kda to do the same. I dont see btc turning bulish in Q1.
So kda math might bounce from here top of buy range 8$, to top of triangle resistance at 12$ and a last dive to 6$. Im buying end of this week at 8$ (pbb thursday), ride the 50%+ wave to 12$, sell there, and buy back in at 6$, and from there hold till 2023. 6$ is Insane buy price.
Tp1 40 Q2
Tp2 80 Q3 bnb listing
Tp3 240 Q4 parabolic cycle top
No trading advice. Just alternate view on kda.
This time, it seems kda is moving into a triangle and might be doing a zigzag move to the bottem.
Seeing where btc is going, still very bearish, the suport at 40k held, i expect a bounce back to 43-45k and than range for a couple of weeks, but eventually btc wil bottem to 38k, eth to 2600 before turning around, and i expect kda to do the same. I dont see btc turning bulish in Q1.
So kda math might bounce from here top of buy range 8$, to top of triangle resistance at 12$ and a last dive to 6$. Im buying end of this week at 8$ (pbb thursday), ride the 50%+ wave to 12$, sell there, and buy back in at 6$, and from there hold till 2023. 6$ is Insane buy price.
Tp1 40 Q2
Tp2 80 Q3 bnb listing
Tp3 240 Q4 parabolic cycle top
No trading advice. Just alternate view on kda.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.