Mixed signals on the KDA 15m timeframe- bullish RSI
- 2 separate bearish TK crosses
- And a bearish double top
which way will it go?
hoping for a retracement to around $10 and then a leg up, but who knows..
KDAUSDT.P trade ideas
KDAUSDT is creating a falling wedgeKDAUSDT is creating a falling wedge inside the daily structure.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Breakout confirmed, possible batLike expected the bear flag broke out to the downside, breaking the trendline suport. We had a retest and now its heading further down, perfect for dca.
There is a gap below 9$, so curious to see how kda will react to the previous low. We could bounce back from there, create a double bottem reversal pattern and a possible bat formation suggest we should seek up previous ath.
If the 9$ doesnt offer suport, we will visit the 6$
Timing wise, btc is looking to hit his trendline in 2 weeks, where i expect a bounce. This is the same timing i see for the kda bottem around sunday 16jan.
From there its just pure moon.
Not financial advise, this is pure for my own educational research and backtesting theories.
hight propability to go up it find in the bottom of the channel with a false break out of the support .
first TP the top of the channel.
KDA : CLOSER LOOKSmaller TF to see the support & resistance
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Good luck n feel free to feedback+ Comment
Possible cup and handle pattern?Kda looks like it's going to do cup and handle on daily time frame.
lets see where it goes
NFA
Kda bear flag breakoutKda was forming a bear flag on the 1H and is currently braking out to the downside. With this breakout is also broke the daily trendline suport to the downside.
Also there is a dead cross on the 4h, wich is bearish too
On the daily, it looks like we are in the 3th correction wave, with wave 2 top at 18$
According to the flag theory, the breakout is as long as the pole, wich gives us a target of 8$ of the 3th correction wave.
8$ is also the top of the monthly buy zone, from 6$ to 8$.
As we have no idea when kda will be listed , wich could trigger a parabolic move, i wouldnt wait to buy kda at the bottem, so im dca. I started at 14$, with 40$ tp1 longterm, but at the moment it looks like we could hit the wife changing money zone of 8$.
Ill add 20% each target.
12$ 10$ 8$ 6$
$KDA hodlers, prepare yourself and hold your hats BTC must not dump, otherwise we will probably test as I showed
KDA/USDTBuy step by step in support. Or if the market does not fall, buy after the resistance breaks.
Like and comment please❤
Kadena wait for breakoutKadena is in a symmetrical triangle, wait for breakout. Price target would just depend on bitcoin.
Kadena Longkda broke out its channel it retested my 78.6 fib my long term target is the -68 on the fib
KDA/USDTA bounce back from the 4H support levels is expected to the targets
Note: I am beginner trying to just learning
publishing my idea is to save it and to receive any notes on it from someone who is at good knowledge
So, this is not a financial advice for sure
kda giving us another entry?🦉kda saw a nasty rejection after our first price target got hit! congrats if you secured gains.
now its back to trendline support/rsi support, our price target 1 probably gets hit again in the net few week.
like and follow for more 💘
KDA to $100?i believe an upcoming BTC correction is coming before the end of Jan
with this drop alts could suffer while some alts could pump
with kda i believe it can drop to $6 and then pump back up
although with this drop it could reach the 0.113 fib level at around $3.50
my mid term target for KDA is $100 in the next 6 months
and $40 in the next 2 months, although with a binance listing this could happen straight away
KDA Daily TimeframeFirst Retracement as next safe entry?
expectation of rebound at EMA10 and sail to next Resistance?
#tayor
KADENA on fire!KDA is in a good buy region. With the bullish moves of BTC, it will go for the moon. Let's see.
KDA : Good for long term Not too late to get in Kadena and flux will be good for long term :)
* DYOR
nice breakout past downtrend resistance, here my update 🧐we are seeing a fresh breakout past downtrend channel resistance on #KDA! if we hold the breakout we can hit or local resistance areas in 2022.
my previous analysis around 10 played out almost exactly as predicted, kind of scary to be honest! :D congrats to the longs that added during max fear!
my price targets are 16.25-21.06-28.26
like and follow for more 💘
KDA REVERSE HEAD AND SHOULDER PATTERN AND BREAKOUT- Reverse Head and shoulder clearly formed on the 4h followed by a breakout.
- Major resistance to break at 14$, we have been rejected 3 times now.
- in my opinion, the first 2 touches were just a false breakout.
- I'm confident and optimistic that this time KDA will break the 14$ resistance and the next target will be 18$. (ALWAYS KEEP AN EYE ON BTC THO).
- Bull flag formation.
- Increasing in volume in kucoin is another good indicator, however, it could retest 9$.
NOT FINANCIAL ADVICE
KDA 20 $ OR 9 $ ???We need a clear " retest " after breaking the 15.8 $ resistance.
if we get rejected we wait for a green box to buy.
not financial advice!
