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KDAUSDT trade ideas

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. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
2
KDA down trendHello trading view community, should you like this analysis, please support with likes and comments. Thanks KDA after hitting to its ATH on Nov. 2021 at $28.30, started a long joyrny of rolling down, and now reached to $06.75. Yesterday KDA, made an sharp move and started on $6.04 static support line, and midline of the down trend channel, not only sharply broke $06.80 & $08.22 resistance levels with a daily candlestick, but also it broke the dynamic resistance line of the trend. notwithstanding surge in price which caused strong move, but shadowed down so it could not make the confirmation candlestick above the trend line, which is not a good sign. due to highly volatile nature of the market especially these days, it is highly recommended to enter any positions with extreme cuation. BTC is making a symmetrical triangle which may end to a very sharp and bearish crash down to 35k and 30k support zones which highly affect other altcoins and KDA will not be an exception then. This is a personal idea, and I am not a financial adviser.
Short
by iBijan
2
KADENA , To where 🔛KADENA 🔖 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. 💎 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 🔆 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 .. ➖➖➖➖➖➖ 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 ❤️
Long
by SaeidMahbob
11
The Bulls are targeting round level of $10 above triangle pattenThe Kadena coin price has been trading into the symmetrical triangle pattern for the past several days. The daily price chart of Kadena is above the 20-day moving average. the coin has immediate support at $4.50, and the resistance sits at $16.50. But for the current scenario, the coin's price will have to break out of the triangle pattern for confirmation. The Kadena coin price is still trading above the EMA Ribbon indicator. But it seems that bears are attempting to breach the daily price below the Red lines as well as the 200-day moving average (yellow line). Stoch RSI is holding higher in the overbought zone with reference to the daily price chart, where K is at 88-point and D is at 91-point. On the other hand, Stoch RSI formed a bearish crossover today. It remains to be seen whether the bears break out of the triangle pattern with the help of the Stoch RSI sign. Conclusion The Kadena coin price trend is creating a little confusion for the traders. There will be two conditions; if the price breaks the symmetrical triangle pattern on the upside, we can see fresh all-time highs; On the other hand, if the bulls fail to maintain the price above the chart pattern, the bears Support level - $4.5 and $2.5 Resistance level - $10 and $16.5
by TheCoinRepublic
Kda structure brake or bulltrapWith the recent btc pump thanks to Russia being banned from swift and Ukraine asking for crypto donation this was very bullish for crypto in general. Btc hit the 44k ceiling, and kda hit 8$. Might continu to 10$. I didnt trade this move. With this move, kda is currently breaking the weekly structure to the upside , possably invalidating the 5 impuls wave down, aiming for 10$ resistance (point D)(200mma), or even 16$ with a bat formation (point B). But... i would remain very cautious. Fundamentals: 1st: btc hit its 44k ceiling, so 8$ might be the top. 2th: main reason : sp500 is puting in a lower high, still under the 200mma daily, wich is very bearish for stocks, all these sanctions will not help, and its ready to make a huge dip, capitulation style wich will hurt crypto. Im still waiting for that HUGE capitulation like in december to 25 28k btc 3200 sp500, etc. 3th: fed in 2 weeks, huge event, huge volume. Buy the news (only 1 basepoint), sell the fact. I expect selloff. 4th: it could be a fake out, bull trap. Its possible its still a lower high, smaller wave 4, so we still have a wave 5 to do, usually the biggest. 5th: btc is at same level , but kda is still alot lower. The move is not very powerfull Except luna, all alts are not bought up as much as btc. Its not altseason yet. The king btc moves first, and right now, itS neurral. While it might also be possible that kda changed from its faling wedge to a wickoff accumulation triangle between 5$ and 10$.(pink lines) This would be first signs of bulls fighting, we will have to wait and see to confirm this new structure While many are aiming 20$ in a month, the dirction is still unclear and times uncertain. This could be a bulltrap. Enter cautiously. I dont think we will hit our tp3 anymore, but tp2 at 4$ seems a very attactive place to load up. I dont think the bottem is in yet as long as sp500 has not bottemed. Good daytrade times, but not to buy and forget. Im aiming 50% lower than we are now. Don't fomo in.
by Solartje
5
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.
by gautuwuu