KENDU on ETH Support and Resistance

Updated

This is the follow up from my recent post about KENDU on ethereum.
Resistance 1 : 0.0001
Resistance 2 : 0.00015
Resistance 3 : 0.0002 - ATH (+-0 0,00027)
---------------------------
Support 1 : 0.00006 - 0.0005
Support 2 : 0.000025 - 0.00002
Support 3 : 0.00001

For time being.. i keep an eye how the price action react when approaching the downtrend (yellow line) and the trendline since march 2024 (white line).

GL !

Note

Resistance 1 : 0.00015
Resistance 2 : 0.0002 - ATH (+-0 0,00027)
---------------------------
Support 1 : 0.00012 (ema 200 4 hour)
Support 2 : 0.00009 - 0.0001

current MT.GOX fud disturb the crypto rally. hopefully it's dissipate until ETH ETF come.

GL !

Note

Quick kendu on #Ethereum chart

Resistance : 0.0002 -> ATH
Support : 0.00015 -> +-0.00010

- Bullish price action despite crypto sudden crash (ETH ETF sell the news, mt gox fud & stock market dip).
- upcoming utility in less than a week.
- onchain holder+13200 in 5month

GL !

Note

moment of truth..
bounce or shifting of trend for further consolidation/ become bearish ?
we will see..

Resistance 1 : 0.0001
Resistance 2 : 0.00015
Resistance 3 : 0.0002 - ATH (+-0 0,00027)

---------------------------
Support 1 : +-0.00012
Support 2 : 0.0001 - 0.0008
Support 3 : 0.00006 - 0.0005

Note

whole crypto dip..
KENDU is no exception to that..
for a while it goes down below 200 EMA on 12 hour..
then it back up in no time..
shows a good demand/interest for this project.

lets see if it's maintain above 0.0001 level ( 200EMA 12 hour)
also possible symmetrical triangle ?
we will see..

Note

The price is broke down again from 0.0001 which is a vital support become resistance for KENDU..
the volume are low across all the crypto except tron because rotator are going to that chain at the moment.
nevertheless, crypto is still bullish and the rally will be back at a established project like KENDU on ethereum

support : 0.00008 ---> 0.00006 ----> 0.00005
resistance : 0.0001 ---> 0.00015 ---> 0.0002

i will update next time when the price near the down trendline at +-0.00015 or when it consolidate next kendu support.

Note

good bounce from 0.00005 area after recent downfall regarding bitget fiasco and minor fud..
project always cooking alphas and active..
nevertheless cant be too exited yet because it still on bear trend for KENDU in term of chart outlook..

Support : 0.00005 - 0.00006
resistance : 0.00008 (50 DEMA line) ----> 0.0001 (200EMA) ---> 0.00015 (downtrend line)

GL !

Note

A good bounce from KENDU on ETH after recent bitget fiasco.
good entry for medium term hold

Support : 0.00005 - 0.00006
Resistance : 0.00008 (50 DEMA line) -> 0.0001
(200EMA) -> 0.00015 (downtrend line)

GL !

MisterCatt

Also on:

Related publications

KENDU SENDU !

by MisterCatt

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.