KDAUSDT
Bottoms UpKUCOIN:KDAUSDT has consolidated nicely on this trendline this past week. Sudden moves to the upside haven't seen much follow through yet, but the support has been solid. Interestingly enough, looking at the 4 hour chart you can see another Adam & Eve bottom along the trend line. This would appear to be a fractal of the much larger Adam & Eve bottom put in place at the end of the year. The consolidation and support level found around the $1.15 mark is the retest of the breakout from the large pattern. While the most recent 4 hour candle that wicked down from $1.25 to $1.18 could also be seen as the retest for the smaller fractal pattern. I'm well aware there's a stigma associated with pattern-based trading. Like pretty much everything in TA it should only be used in conjunction with other forms of analysis. However, these smaller echoes are worth watching. Should they prove to be valid in the end, they can be a very big tool in identifying price direction.
Kadena (KDA) formed bullish Gartley for upto 15% pump soonHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ) with US Dollar pair.
Recently we had a nice quick trade of KDA
If you are still holding KDA then I would suggest you to hold it and follow the targets as per new move, because, now on a 4-hr time frame, KDA has formed a bullish Gartley. You can calculate you targets as per the classic Gartley move and place your sell orders accordingly
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KDA/USDTNot a financial advice
Potential Inverse Head and Shoulders pattern on 4H timeframe
If we manage to break a downward resistance line and successfully retest it after we can continue growing to 2-3$ area in future with starting price rates at 1.2$ - 1.4$
As for me, I will keep KDA on spot and await to see where KADENA team leads us, 2023 year is promising
Kadena (KDA) formed bullish Cypher for upto 26% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ).
Previously we caught a nice pump of KDA as below:
Now on a 4-hr time frame, KDA with BTC pair has formed a bullish Cypher pattern.
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
Can KDA bulls take back control?KUCOIN:KDAUSDT fighting to escape a bearish H&S pattern as it consolidates below the 200 DMA. A breakout higher from here strong volume, after rejection of what should've been an easy setup for the bears. A weekly close around $1.45-1.50 would be a major breakout for the crypto. On the downside, ideally $1.15 would be the support level to hold, with any break of this level likely leading to a retest of at $1.00.
Kadena | Same Pattern Repeats | Green Monday? See Inside!The same pattern we saw today with OmiseGO (OMGUSDT), Internet Computer (ICPUSDT) and Decentraland (MANAUSDT) is repeating on the Kadena (KDAUSDT) chart, but here we are a bit more advanced.
Let's dig in. (Boost, share, follow, comment, etc.)
Not only these three pairs I mention above but many of the small cap., or I should say medium cap., altcoins are showing this exact same pattern.
We see a lower low in November compared to June, sometimes May.
The lower low has less volume in November compared to June.
After the low is in we see a pick up in trading volume with the day closing green.
We have a bullish RSI and a cup pattern.
We also see all these pairs moving above EMA10 and some EMA21 but mostly all below EMA50.
Kadena has gone ahead and is now moving above EMA50.
EMA50 is the magenta line on the chart and opens the door for mid-term growth.
This is great news... Because what one Altcoin does, the rest tends to follow.
Let's hope we don't get a negative surprise tomorrow and everything turns the other way...
The charts are bullish though.
Not technically bullish but bullish potential developing; early bullish signals... Things can always change.
Make sure to do your own research and have a plan before you decide to trade.
Thank you for reading.
This is smart advice.
Namaste.