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KDA

ALMOST AT THE BOTTOM - (KADENA UPDATE ANALYSIS)Carrying on with our series of analysis on Kadena(KDA), our search for the bottom is nearing it's end hopefully. In our previous analysis we identified a falling wedge pattern that could signal a reversal to the upside for kda, however it failed to do any good. Analysis with updates shown below(refer for context); While we now have our buy region of $2 finally, are we bottomed out yet? Referring back to our original analysis shown below, we pointed out the $1-$0.9 region to try our luck for volatility for an alternate entry; This level is in line with the golden pocket. Other Ideas: Bringing us to this point in time. KDA has broken back into its channel up, and also a rising wedge in the process. Our volatility region falls in line with the bottom of the rising wedge structure and the golden pocket. If that were to break then we simply cannot rule out bottom of the channel as a possible price target where we also have strong horizontal support. Targets will be revised if needed depending on where price finds support. If you've benefitted from this series of analysis so far, I'm happy it was helpful. If you agree, pls like share and comment your thoughts below. As always, feed back is appreciated! Bitcoin will play a huge role in determining the outcome
by RektMyMom
6
KADENA - UPDATE! (FALLING WEDGE👀)In our first Kadena (KDA) analysis we predicted the drop from ath's and identified buy areas to scoop up a few as shown below: After getting our DCA zone we then updated the chart again but have had a hard time getting our Wife Changing Money Area ever since: In this update, from the chart above, we can see that price has managed to form what looks to be a falling wedge pattern which we failed to take note of the previous analysis. Pray this be a falling wedge pattern, we can expect price to touch support once more before heading for a breakout (as we know a pattern of this sort usually has it's breakout moment near it's apex). Note that it can be both a continuation pattern and a reversal pattern, so make sure to use a stop-loss if you aren't in it for the long haul. Should that not be the case, we can expect to continue our Dollar Cost Average Strategy till we get our WIFE CHANGING MONEY ZONE - 19 year old If you like what you see, pls leave a like, share, and comment your thoughts below. As always, feedback is appreciated!🙏
by RektMyMom
11
XHVUSDT Daily TA : Result +260% ✅LOGThis analysis is an update and the result of previous analyzes, all supports and resistances are marked on the chart, however, if you do not understand any part of it , be sure to leave your questions in the comment section. Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.05.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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by ArmanShabanTrading
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