KDAUSDT Breakout and UpdateSo, if you jumped on this when I first mentioned it, you made quite a large return. After a nice long consolidation period, its on the move yet again to my major target. Now, there will be some resistance along the way so if you are swing trading this, you will likely be taking profit at those areas and re-entering etc. Anyways, it looks good from here and I expect the asset to move past my major target throughout this leg of the bull cycle. Thanks again everyone!
KDAUSDT trade ideas
KDA / Kadena is BULLISH - Smart Contract KINGAs you can see based on the intersection of the decending triangle, we should see an ascending breakout on November 28th at the final entry chance ~$15.7. Once the price hits $23.5, which is the .618 confirmation, it should spiike up massively. The prices to the right represent different fib retracement levels.
Moving averages also show that the 7 and 20 MA will trend up past the 50, 100, 200, and 300 MA on november 28th.
NEW WEEKLY UPDATE $KDA 313$ New TargetNEW WEEKLY UPDATE $KADENA $KDA
Just to prove this target, it should be said that if Kadena reaches the Cap Solana market, it will reach a much higher price than this figure, so soon we will see this figure. It is the time of the weekly candle.
NEXT TARGET: 28$
TARGET 2 : 36$
TARGET 3 : 313$
$KDA price predictionNice forming triangle, we need to watch this closely. LIGHT GREEN, if we get over it, be carefull it could be a fake breakout, because its golden zone (fibb). If we dont break up, I wouldnt be suprised to see a pink box.
BUT with upcoming wKDA and KADDEX I think we will break this triangle up and then we will see if we can break white line or atleast stay in that green box. (ofc btc must not dump)
IMO we will up if btc wont dump
KDA update H&SHey everyone. I hope at least someone took my last idea on KDA it was exactly a 2x so now that got few calls right you should buy my e-book and subscription to TG channel.
Im joking of course here it seems that KDA is forming a massive Head and shoulder pattern and we should see some upside the next couple of day to the 22.8-23.5 area then crash again, if the pattern confirms we should get an opportunity to buy even lower 10$ range but that is an analysis for later.
FA: On the other side this coin is getting a lot of hype and the ecosystem is just getting started, we have uniswap launching WKDA on wed the 24th and being a top coin in volume for almost a week on KUcoin is definetly causing interest from other exchanges and its being listed fast, so it wont be a surprise if we see a top 3 exchange list it soon. The team has a very strong background and are doing constant AMA´s on youtube which just brings a lot of hype and well look where that took shiba or solana, and shiba is not even a... well i still dont know what it is.
Anyway, I hope this set up helps some people to make money let me know what you think.