KDAUSDT trade ideas
KDA is still going parabolic and I'm not surprised 📈very nice setup here on kda 1hr timeframe, plenty of bounces off RSI/trendline supports.
this one is up over 1000%+ since my first analysis here on tradingview, congrats to the diamond hands! dont forget to like and follow for more updates ⏰
stop loss 20, price target 25-28-30+
DAILY BEAR DIVERENGENCE - Kadena! Anticipate a minor correction for Kadena; Shown on the larger timeframe the daily and already confirmed on the 12hourly; precursor to the daily; Bearish divergence; if a pull back occurred; I do expect the 20EMA daily to hold as support; From end of July to November we've experienced over a whopping 8000% gain on Kadena; A pull back regardless, especially at this level is 101% healthy for further continuation upward. Shown on the Fibs; if our pull back is the 20EMA; our next impulsive wave to the upside is very fruitful indeed. I do vision we are going through Elliot wave theory and coming to a conclusion for our 3rd wave; and entering the 4th wave corrective phase. End of the day healthy markets work on wave forms. Thoughts on this?
KDAUSDT| Key Levels| Price Action Range| Trend| Volume Evening Traders,
Today’s analysis – KDAUSDT- trading in an established uptrend with strong momentum,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Price Action Ranges
- Volume Influxes
KDAUSDT’s immediate price action is trading with a bullish structure with string expansions, allowing for a bullish bias.
The Daily S/R support levels tend to have ranges, allowing for consolidations before stron bullish expansions.
The current volume profile has an influx, climatic node will be indicative of a temporary top, this is yet to be seen.
Overall, in my opinion, KDAUSDT is a valid long after some consolidation, price action is to be used upon discretion/ management.
Hope this analysis helps,
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And remember,
“If you can’t take a small loss, sooner or later you will take the mother of all losses.” – Ed Seykota
Kadena Fibb Analysis of momentum of KDA, initially charted and then this produced a breakout since then applied fib retrace to monitor the trend being produced.
I am now watching this close for further break-out tests, until it stays in this channel, I still remain neutral, however; this should still produce a second top.
KDA - Small retrace, testing support before another leg upBig announcements the upcoming weeks and Kadena is getting noticed by a larger group of people with an increased interest. After the last run we are following a small channel in order two reach new ATH's. Kadena is a very serious project advised by Dr. Stuart Haber, Co-Inventor of blockchain himself. Whilst not even on Large T1 exchanges the columns aren't even close to what these large changes will bring.
I can see Kadena at least another 3-10x the next few weeks to months - depending on the markets in general.
NFA BTW..
KDAUSDT trade new opportunitiesKDAUSDT is hovering around 23% fib level which is crucial support area. From here trade can go up towards 61% fib level. High volatile trade with high yield trade.
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Kadena - The L1 Bull Cycle PerspectiveHi there. Just a quick comparison of Kadena's price in comparison with other L1 blockchains. Only big difference is
- Kadena is actually the only scalable Proof of Work blockchain in the entire industry
- Capable of up to 480k transactions per second with 20 chains
- Kadena is offering actual speed with the security of PoW
- PoW not being a security in the U.S. helps adoption there
- Strong team with proven history in blockchain from JPMorgan and the Sec
- Stuart Haber (co-inventor of blockchain) onboard
- It's not even on major exchanges except from Kucoin and Bittrex
If we look at the Solana it did a 10x from 24 dollars to 250 dollar in about 3 months time. I am convinced Kadena has all the elements needed to do at least a 10 from here. Leaving it (at current MC's) somewhere between AVAX and SHIB ijlst under the TOP 10 in 2-3 months from now.
NO FA. Just Comparison of prices.