KDAUSDT trade ideas
🔴KDA 🔴has a continuation-bearish of symmetrical triangle 🔴💥Hi my Friends,
AS you see on the 4H chart
KDA has a symmetrical triangle (Continuation-Bearish)
Most probably will breakdown the trend line and retested again then will hit the support and get bounce from the support area as clearly mentioned on the chart
🟩Targets :-
🟢14.6
🟢21.2
🟢24.8
🟢28.3
As mentioned on the chart
🔴STOP LOSS
Close Daily below 8.4$
💥for investors 5.2 is very critical number to close below
🟩---------Not a financial advise--------------
💥 💥💥If you like my idea, give like and follow to receive all updates💥💥💥
--------------------------------------------Thanks---------------------------------
KADENA - We waited for this EntryThe thing with Crypto is that you 'never miss the train'.
KADENA has been a project that we followed, or a train we thought was missed. You see, in so many occasions we will see a project and think 'why didn't we know earlier'.
Kadena looks like a GREAT Buy today and personally i am getting on it.
Technically, the price is now on it's biggest support. I could not have shared with you a simpler chart and those are exactly the ones that tend to work the best.
Ranked #73 , Kadena :
Kadena is a blockchain which optimizes scalability and features a smart contract language called Pact. Pact is readable by non-developers and automatically detects bugs. Their ecosystem provides the security of Bitcoin, virtually free gas, unparalleled throughput, and smarter contracts. Plug in, deploy, and scale.
Another opinion : Kadena Will Rise Much Higher Thanks to New Smart Contract Features.
ps. we waited for this.. the only reason we can be happy about this dip.
One Love,
the FXPROFESSOR
KDA - Good Things Come With Time Mega bullish on KDA long term, but right now doesnt look the best imo. Short term I think breaks lower from wedge to have some sort of bounce on green zone, maybe as high as red supply zone. Eventually I think we tag $7 zone though unfortunately, which is daily support.. It needs to reload for the $100 run ;)
This is still a long term hold for me, and I will add spot at each support/ demand level.
KadenaImpulse Rules:
An Impulse is a five Wave pattern labeled 1-2-3-4-5 moving in the direction of the larger trend. It is the most common Elliott Wave pattern.
Wave 1 must be an Impulse or a Leading Diagonal.
Wave 2 may be any corrective pattern except a Triangle.
No part of Wave 2 can more than retrace Wave 1.
Wave 2 must retrace Wave 1 by a minimum of 20%.
The maximum time for Wave 2 is nine times Wave 1.
Wave 3 must be an Impulse.
Wave 3 must be longer than Wave 2 in gross distance by price.
The gross price movement of Wave 2 must be greater than either Wave 2 of Wave 1 or Wave 4 of Wave 1. The gross price movement of Wave 2 must also be greater than either Wave 2 of Wave 3 or Wave 4 of Wave 3. Wave 2 must also be greater than 61.8% of the gross movement of each of the above 4 sub-Waves.
Wave 3 and Wave 1 cannot both have 5th Wave failures. (A Failure is an impulsive Wave where Wave 5 is shorter than Wave 4 by price.)
Wave 3 cannot be less than 1/3 of Wave 1 by price.
Wave 3 cannot be more than 7 times Wave 1 by price.
Although there is no minimum time constraint for Wave 3, its absolute maximum time limit is 7 times Wave 1.
Wave 4 can be any corrective pattern.
Waves 1, 2 and 4 cannot overlap except by 15% of Wave 2 with leveraged securities, and then only for a maximum of less than two days.
The gross price movement of Wave 4 must be greater than either the gross movement of Wave 2 of 3 or Wave 4 of 3. The gross price movement of Wave 4 must also be greater than either the gross movement of Wave 2 of 5 or Wave 4 of 5. The gross movement by price of Wave 4 must also be greater than 61.8% of the gross movement of each of these four subwaves.
The gross movement by price of Wave 4 must be greater than 1/3 of the gross movement of Wave 2 by both price and percentage movement.
The gross movement by price for Wave 4 must be less than three times the gross movement of Wave 2 by both price and percentage movement.
Wave 3 and Wave 4 cannot both be failures. (A Failure is an impulsive Wave where Wave 5 is shorter than Wave 4 by price.)
Although Wave 4 has no minimum time constraint, the maximum time for Wave 4 is twice the time taken by Wave 3.
Wave 5 must be an Impulse or an Ending Diagonal. However, if Wave 5 is longer than Wave 3 by price, then Wave 5 must be an Impulse.
Wave 5 must move by price more than 70% of Wave 4. (This is not gross movement. Only consider the end points of both Waves.)
Wave 3 must never be shorter than both Wave 1 and 5, by either price distance or percentage price movement.
If Wave 5 is truncated, or contains an Impulse that is truncated, then neither Wave 3 nor Wave 4 can contain a subwave that is truncated. (A truncated pattern is where Wave 5 is shorter than Wave 4. This is also known as a failure.)
The maximum movement of Wave 5 is six times Wave 3 in both price and time.
Wave 5 has no minimum time constraint.
KDA (Kadena) : An overviewKadena has been consolidating into a bullish triangle for the past 1 Month. If Triangle broken upwards, Expecting a +200% Bullish wave towards the 48 USDT range.
On the worst case, If we lost the support, We may retest the 12 USDT Support area.
I'm overall bullish on Kadena due to The good fundamentals behind it and i'm having no idea to sell it at such low prices.
I'm Sure December will be bullish for Kadena.