KADENA - TO RISE TO $8.10 OR FALL TO $5.50Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
We have two different pattern on this chart. The first pattern which is a descending triangle indicate a fall to $5.50.
The second pattern which is an ascending triangle indicate a short fall to the lower trendline before a rise to $8.10.
We need a confirmation with either a rejection or continuation on the lower trendline to be sure of kadena next direction.
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KDAUSDT
KADENA , To where 🔛KADENA
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As mentioned in the analysis some time ago, Kadena was in the $8-8.5 resistance range and was able to break the resistance the previous time and activate Target 1 as expected.
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But due to the collapse of the market, Kadena also could not maintain the broken resistance and stabilize above it, and fell again to the range of $6
It is expected that after several clashes in the past, this resistance will soon be broken and Kadna will reach prices again at $8.5 - $10
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But a bearish scenario is also possible and if lose the range of $5 -- $5.5
Descending targets will also be activated and the price can be reduced up to $3.5!
Let's see what happens ..
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All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #KDAUSDT ( Kadena )
💹 Time Frame : Daily
🔵 Personal Opinion : LONG
🎯 Next Targets : $8.2 — $9.2 - $10
👤 Saeid.Mahbob
📅 12.Mar.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Kadena : An overview of the bigger Timeframe... Kadena has been inside a huge falling wedge from its Alltime high. Asper Technicals, Falling wedge is a bearish reversal pattern.
Currently, We can see a falling wedge in the lower timeframe too. Breakout can lead to the Scenarios that i have marked using the Arrows.
Also if we break out of the major falling wedge, I expect a deadcat bounce. Also, It is always good to buy this gem using Dollar-Cost averaging at these very severely undervalued Prices.
KADENA , Out of the descent !All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
📊 #KDAUSDT ( Kadena )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 02.07.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
KDA - Moon soonHello,
here u can see, where Kadena will go.
Im very bullish on this one!
Take your bags before is too late!
Green is first support when we get there.
Red is first stronger resist.
Blue is way where we probably go.
Red arrow is launching way.
There is so much new on KDA coing out soon, which help us get from this place easily, than KDA will be unstoppable.
Ofcourse its all matter of BTC, but once we get from here, than even BTC wont stop us. :)
💥Kadena is moving as planned🤓Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This is the kadena daily timeframe chart. Price broke out from both the falling wedge and an ascending triangle.
Price is retesting the breakout price. If price reverse at $6.60, then this pattern will be valid.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
IS THE CORRECTION OVER FOR KADENA? (KDA ANALYSIS)In our Last KDA analysis we correctly predicted the sell of down to its current levels which was our DCA zone as shown below
In this analysis, we will look at the thigns required for KDA to meet our desired buy target of $2-$1.95
Still in it's correction phase, looks to be a gearing up for a wave correction of the downward 5 way impuls move.
Should this be the case, KDA could see prices of $8-11 before take a turn for our $2 dollar price target completing the impulse move down.
However, A close well above the upper green resistance and a succesful retest as support would invalidate our analysis.
Price Targets of $40-50 & $85-150 remain unchanged.
If you agree with pls leave a like and share your thoughts in the comments.
Feedback is appreciated.
Can #Kadena #KDA overcome RSI resistance?Can Kadena (KDA) overcome RSI resistance?
And how long will price stay below MA-Ribbon EMA60 before flipping it bullish again.
Last time we had to wait 88 days with a further loss of 72.5% - unlikely IMO.
OBV can give support 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