KDAUSDT trade ideas
Kadena Bull FlagHey folks, welcome back to another one of my posts!
Kadena has completed the ABC correction and seems to be in a huge bull flag waiting for breakout. Currently, we are testing the resistance from the 1.87 fib channel level. If we do break above, then the price will 4x from there. Currently, it looks like a good spot to enter a trade!
Last wave down. Than lamboAll in the chart.
Dca zone : 1,5$ - 2,5$ : wife changing money. 20x
Expect h&s reversal pattern, last wave making right shoulder, making first higher low on the rsi and reversal pattern.
Patience... you make money when you buy, not when you sell. As long as trendline not broken we are going down. Wick shows fakeout.
KadenaLong term trend break, yall know the vibes.
Given the current strength of the market gains momentum, this would be the bottom for most altcoins, including KDA.
On Fib patterns like this, if price doesnt find support or resistance at the 0% line, it almost always does so at 38%. 38% would be ~$13.5.
Before that the 23% line can also be seen as a strong level. This mark would be at the $12 price.
Aside from that, given the breakout, the only way is up, until those levels given, then price should experience some type of retracement.
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.
Will KDA Coin Price Observe A Breakdown To Lower Level?The weekly technical chart of the KDA hints towards a consolidated trend in price. On coming to the daily chart, the coin price is currently in a bearish move. The upside trend of the Kadena may see a setback near $8. The downtrend of the asset can see bounceback near $4. The asset is currently below the 50 and 100 Daily Moving Average, with a negative crossover, The 100 DMA is near $12 which can act as a temporary support of the price.
$KDA Long$KDA. Another interesting coin with a falling wedge pattern. I dare to assume that this pattern will be passed in a positive way. We have almost the same volumes as during the growth. We are in a good support zone of 6.69-5.25. However, if the Bitcoin shows negative dynamics, we might fall to the lower boundary of the pattern (about 1.63).
Nearest resistance zone is 9.22-10.39
Log capitulation Ps this is log scale. My trendlines are skewed.
All alts folow btc , who folows sp500.
With the Fed ready to increase interest rates, both sp and btc will suffer even more. This week we saw a bear and a bulltrap, and its trading sideways waiting to hit upper trendline and decide where to go.
Seeing we didnt get a big bounce to 40k to show bull power, we didnt see big buying volume either, this means bulls are waiting lower. 28k - 20k. Bears still in control. So no signs of reversal yet, instead another dip and maybe a big capitulation comming wich will push out all the last retail paper hands. I hope 28k holds, but we might see a quick drop to 20k and quick up, for institutions to buy big amounts.
I expect this weekend, when both btc and kda hit there trendline, to dip to next suport of 28k, wich means kda who has no strong suport untill 2,25$, will drop to 2$, rsi going further down to 20% in the daily.
From there we will be weeks in the 1,5$ to 2$ range. Rsi is so low, it will take lots of time to get rsi back above 40
and see a upward move. Its not going to be quick down and up. This is not a correction, but a full bear market. We dropped 95$ if we go to 1,4$. With retail wrecked, much crypto fud, pow ban (kda is pow), even if im a huge kda fan !! Right now its looking bad
Bear market = no volatility = It will take till q2 at least before we slowly will grind our way up.
My acc is down 65%, wich sucks, but 3x is all it needs. Im dca back in every dip under 2$. Lets hope, after the summer we can get back to 6$ and new ath by 2023
Bearish.Hello all,
In my speculative analysis, I believe we will continue to see more downside with this asset. While forming a bearish pennant, KDA should hit the following targets:
$3.44
$2.30
$2.01
While I believe that KDA could potentially be a great asset, I am not currently invested.
All comments are appreciated, thank you.
KDA double bottomThis could be the monthly bottom but BTC looks healthy but i put hope in the scamwick in BTC. Somebody loaded up.
Bukake is heavy underwater. His BTC friends will pump it imo. Tax season is coming. Make sure to take enough profits before April/May.
It will be either ALTseason or full on bear till next halving.