KDA Support&Resistance's>>>>>>>>>Hello everyOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Reviewing by (Fibo Ret/Price action/Support & Resistance)
We can buy into each possibilities correction.for mid term.
((Spot & Futures Trading setup))
All important resistance and support's zone (short-mid term) marked on the chart.(Scroll you'r mouse)
This is not financial advise.
PLZ DYOR
With hopping success>>>>>>>>>>>>
KDAUSDT trade ideas
KDA Next Solana?????Hello Everyone,
Some friends ask me about KDA
Kadena is Fundamentally a very strong project
KDA is a strong competitor of SOL by TPS & FEE
if u look at the KDA chart according to Elliot wave rules we saw impulsive waves 1 and 3
and right now we are moving into wave 4
"If Wave 4 retraces into the area of Wave 1, then it cannot be considered a Wave 4"
wave 1 top is 1.1397
right now KDA price is 1.4
so if we set a stop loss of 1.12
and hold for wave 5
wave 5 must be above wave 3
and wave 3 top was 28.27
so if we are wrong
then Stoploss is very close
if we are right, target is very huge(Life Changing)
DYOR
NFA
Moving drawing toolsTiny video to show one of the most recent (2022/09) news regarding the Tradingview design: the possibility to move all the graphic elements we have added with a mathematical operation. I find this function useful especially following stock splits, but it is also very useful during very aggressive trends to move selected items that would overlap the bars.
Link to TV blog:
www.tradingview.com
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
$KDA Kadena buyzone and target. FA/TA.Kadena was always one of the promising yet undervalued Layer1. Their ecosystem is young, yet as they are using Proof of Work consensus, they are one of the few left PoW blockchain that support smart-contracts.
In term of price, $KDA was sitting at their support, ranging from $1.3 to $1.6 in the last 3 months. Now it's time for $KDA to boom or bust. Their valuation is fairly low (under $300M) compare to other layer1s, especially with their sharp competitive edge in the coming years.
In the long term view, Kadena valuation should be at least close to $800M - $1B market cap, with $KDA price ranging from $5 - $6. If there is a good market rally, $KDA price could hit $10, but that's unlikely to happen in the current bear market context.
However, $KDA still a good gem to buy. We've filled our position at around $1.3 - $1.45. Will buy more at $0.8 - $1.05 zone if we have the chance.
Buyzone 1: $1.3 - $1.45
Buyzone 2: $0.8 - $1.05.
Cutlosses: As a long term investor, we will cut our losses if the team abandon their project or a heavy exploit occur. Traders should manage to cut-loss if they loss more than 30% of their position.
Target: $3.8 -> $5 -> $8