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KDABTC

KDA/USDT-- Not a financial advice, please, do your own research -- Finally, we are observing break out of our downward resistance(Falling Wedge, reversal pattern) with some significant volume and multiple RSI divergences. As for now, we need to await and see, how 1W candle gets closed(we still might end up with the fake break out). I have DCAed at different price levels: 0.77$, 0.52$ and hold it for long term If you have missed some recent KDA news and why I personally believe in project: - ledger support - increase of daily transactions volume(which signifies adoption) - constant technical development
Long
by TradeYourLogic
11
Kadena's DCA Zone (Gems edition)What Problems Does Kadena (KDA) Attempt to Fix? Kadena (KDA) solves a variety of problems that continue to hinder large-scale blockchain adoption. For one, it helps to reduce inefficiencies due to inoperability across industries. The network’s multi-layer structure enables it to unite public applications, private blockchains, and other networks in a secure and seamless manner. Kadena users can avoid network congestions thanks to the unique technical structure of the protocol. Kadena braids together multiple blockchains that share the same cryptocurrency to provide vertical scalability far beyond other PoW networks. This strategy enables it to expand or contract to meet the needs of the community. Notably, Kadena’s public blockchain performed a live network expansion from 10 chains to 20 chains in 2020 to demonstrate this capability to the market. Do youalso feel it is a gem for the next bull market?!
by The3eyedFrog
14
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 $1.414 If that is the case then price could return to my entry. If that is the case I will take what profit I can get manually and wait for an entry on the third low of the ascending triangle. This would push out my time table for the move by several months. I don't want get to repetitive, but things are going to start to get crazy. Total2 is in a rising wedge and a move to the top of the wedge sees the market cap of altcoins hitting all time highs and going over 350%. There is even a chance it pops out of the wedge. I got into this trade with just my left over equity in my margin account. I hope to close 75% of it at target and the balance is going to go into holdings. Twenty five percent is going to my living and the other 50% is going to be used to continue margin trading.
Long
by This_Guhy
4
Kadena (KDA) formed bullish Gartley for upto 15% pump soonHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ) with US Dollar pair. Recently we had a nice quick trade of KDA If you are still holding KDA then I would suggest you to hold it and follow the targets as per new move, because, now on a 4-hr time frame, KDA has formed a bullish Gartley. You can calculate you targets as per the classic Gartley move and place your sell orders accordingly Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
1
KDA/USDTPotential inverse Head&Shoulders on 1D timeframe, also bullish RSI divergence on 1W timeframe If BTC price gets reversed back to the 25l+ level, also keep in mind we have unclosed gaps on CME exchange at 28k and 35k levels, hence I could expect KDA price follows BTC and potentially reach 3$ or 4$ level I am also awaiting for the announce of 2nd KDA cohort or future projects, in general Kadena is long term investment, we have brillian team, therefore I sincerely believe that KDA has a bright future
Long
by TradeYourLogic