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KDAUSDT trade ideas

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..
Long
by Dutch_Viking
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.
Long
by Dutch_Viking
4
Kadena Greetings citizenz of the moon today we will analyze KDA, Kadena’s public blockchain is a braided, high-throughput Proof of Work system that runs Chainweb, a protocol that delivers security and throughput. The Kadena network will unite public applications, private blockchains, and other interoperable chains in one place, driving traffic to the high-bandwidth computer at the heart of the Kadena public chain. Kadena enterprise software is in use today by major companies in finance, healthcare, and insurance while allowing builders with a vision to skip straight from idea to product. With the launch of Kadena’s public chain, this system will support blockchain application development, from private to public and everywhere in between. The Kadena token (KDA) is a digital currency that is used to pay for computation on the Kadena public chain. Similar to ETH on Ethereum, KDA on Kadena is the token in which miners are compensated for mining blocks on the network and is the transaction fee that users pay in order to have their transactions included in a block. expect US.
Long
by amirsediq
19
KadenaThe past month has been bullish for KDA, netting a near +200% move Month to Date; and well over +1000% since the beginning of August. Currently showing signs of slowing down (daily pinbars at resistance // wicks) from a 1D view as price has made a weekly retrace of 50% and an extension to -615%. Usually this is a pattern completion and from here price either returns to the -27% or 0% zones to find support to continue the move or consolidate for a bit and form a new accumulation pattern. Worth mentioning is that price had been respecting an upper resistance trend line which was broke, and is now forming on the 4H higher lows and equal highs (ascending triangle) which is a bullish pattern. While this does suggest trend continuation, it would be best to enter after confirmation - rather than entering at such a vulnerable zone where the R:R is against you. Other technical aspects to keep in mind include KDA/BTC and its strength and also the fact that the elephant in the room..the wick from the KuCoin open, does it suggest where price can eventually reach again? Who knows. Fundamentally I got no clue what KDA does exactly and I've went over the team and it includes people with successful backgrounds ranging from The SEC Crypto Committee to the most cited person on the Bitcoin white paper. Id take it with a grain of salt because damn near every project has people that have been previously successful - which doesnt correlate to their current venture resulting in the same..dyor.
by N0ST0PL0SS
3