KDA/USDT on a 15m chart- double top
- bearish TK cross
- large gap in between the conversion line & base line = bearish
- support around $9.7 may break as its been tested a number of times in the past, however if this does break a support at $8.7 will hold
- thx to BTC for this retracement, also BTC to $42.5k
KDAUSDT
KADENA - EASY SETUP 🚀Kadena is showing us a very simple and easy setup. We had an impulse and now we're in an ABC correction, which will be followed up by another major impulse. Only question is where will the C wave stop.
We have 2 areas where we are looking for the end of C and the start of the impulse.
First area: 8.5 to 9
Double bottom area
Second area: 3.3 to 4
-0.27 fib
Trade Idea:
- Watch for the completion of C wave at one of the 2 areas mentioned
- Enter when bullish price action appears
- Put stops below the rejected price
- Targets: 28 - 33 - Hold the rest
Goodluck!
KDA/BTC gave 4800% profit in 2021( 2021 GEM )#KDA/BTC 4800% Profit:-
BTW 2021 gave Huge profit in KDABTC
Our entry was 960 Satoshi
ATH hit 43564 satoshi
Currently trading at 25400 Satoshi
Mean in 8 months our #KDA call gave 48x returns.
This was our 2021 GEM
Hope you also enjoyed and booked huge Profit.
4800% profit ( 48x )
Kadena (KDA) with nice bounce of 2-day MA Ribbon supportKadena ( KDA ) with nice bounce of 2-day MA Ribbon support combined with bounce of support zone on RSI .
The 2-day MA Ribbon was petty clear in the young past so far.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Long $KDA trade idea via Kucoin $KDA is a crypto currency that is currently traded via Kucoin app.
Bullish setup; Cup & Handle formed with MacD indicating a bullish breakout with the neckline at 12.45.
All time high for this currency is 28.30 which was a blow off top which led to a retracement of over 50% from the top.
Crypto currency is highly volatile so we do not recommend over leveraging via margin or futures trading.
Happy trading and Happy Holidays.
OptionsSwing Analyst
Daniel Betancourt
#KDA $5 or $40 ?#KDA is in downtrend and try to break out the triangle and dynamic resistance at the area of 11-12. #KADENA needs to break out the strong resistance at the area of 14 to change to trend
Next important support and key levels of #KDA are 8 and 5.5
Of market drop and start correcting, you should pay attention to those two important supporting levels as entry points
Good luck
KDA's next move!KDA recently had a major pullback after a great run. In my analysis, the pink lines are the demand zones. As you can see, the fib levels are being respected, specifically the golden pocket - 0.618. If KDA can have a daily close over the 0.618, I believe we could see another leg up. If the green trend line breaks to the downside, we could potentially see this go back down to around $6.60. I am long on KDA as I believe in this project. Always DYOR.
Kadena (KDA) at 2-day MA Ribbon supportKadena (KDA) at 2-day MA Ribbon support combined with support zone on RSI.
The 2-day MA Ribbon was petty clear in the young past so far 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
KADENA - We waited for this EntryThe thing with Crypto is that you 'never miss the train'.
KADENA has been a project that we followed, or a train we thought was missed. You see, in so many occasions we will see a project and think 'why didn't we know earlier'.
Kadena looks like a GREAT Buy today and personally i am getting on it.
Technically, the price is now on it's biggest support. I could not have shared with you a simpler chart and those are exactly the ones that tend to work the best.
Ranked #73 , Kadena :
Kadena is a blockchain which optimizes scalability and features a smart contract language called Pact. Pact is readable by non-developers and automatically detects bugs. Their ecosystem provides the security of Bitcoin, virtually free gas, unparalleled throughput, and smarter contracts. Plug in, deploy, and scale.
Another opinion : Kadena Will Rise Much Higher Thanks to New Smart Contract Features.
ps. we waited for this.. the only reason we can be happy about this dip.
One Love,
the FXPROFESSOR