KDAUSDT trade ideas
Kadena Ranging based on Resistance and support BandsKDA looks like its ranging between 5.75 and 7.50 ish range.
Noticed a double top, but support has lots of buying pressure at 5.75 ish
Unsure what would happen next, but it seems like itll range until a catalyst steps in ?
Ranging, not Trending\
Chart looks oddly similar on the 1h and 4h.
1 day chart looks like lower highs and lower lows on the wicks, but the candles seem to be engulf each other, with trend breaking mid sell candle... not sure what this means.
RSI is over 60 on the 1 day, but not on 1h/4h.
KDA, beautiful project! Let me enlighten you
Sometimes trading all time highs must be difficult but let me explain to you why sometimes buying high could help you go higher
First off, we could see a flag or a decending broadening wedge here
this confirms that if we break the daily supply zone, then the technical target is 64% up. around 11.6$
KDA Established a demand zone, around the 5.4 area. (Good grab if you ask me)
Volume is super decent, i like it.
Now, keep watch first and see if it will break this flag.
if it rejected that sell supply wall, you can fill your bags at the daily demand.
Overall, project is amazing :)
Kadena Blockchain- Like i said in my older Analyse, while some peoples are waiting for some projects to moon, some projects are taking the path already.
- Before you invest in a Project you have to DYOR a maximum, don't use Twitter, Youtube or influencers, don't be lazy!, research by Yourself!, check the Tech, check investors and Ventures, check the Team, check Advisors.
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A bit about Kadena :
- Kadena's blockchain enables enterprises across industries to efficiently transact and share data in a decentralized manner.
- Kadena's technology aims to solve the challenges with current generation blockchains issues such as speed, scalability, and security.
- Prior to founding Kadena in 2016, Stuart Popejoy and Will Martino led "JP Morgan's Blockchain" Center for Excellence.
- Dyor also about GoldShell KD5, KD2 rentability, you will understand why this coin is going up slowly but surely.
- www.asicminervalue.com
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Next Targets
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TP1 : 2.95$
TP2 : 4.45$
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Stay Safe!
Happy Tr4Ding !
KDA going parabolic ! first of all I would like to say congrats to all kdausdt holders! this is up 150% since my analysis on this chart a few weeks ago.
Today we are seeing our relative strength index hit extreme overbought zones.. this doesn't mean the crypto will begin to crash but its very likely we will see a .50 cent to 1 dollar pullback before the next leg up!
dont forget to like and follow if you enjoy my analysis, have a great weekend.
WEEKLY $KDA $KADENA 80$WEEKLY $KDA $KADENA GO TO THE MOON SOON BEST BLOCKCHAIN
$KDA is a sleeping giant get used to seeing these names together $ETH $ADA $SOL $BNB
@KadenaCommunity
$KDA token supply - 1billion to be mined for 120yrs. $KDA team- Elite snipers. $KDA - smart contract language "PACT" . Is the Blockchain live- YES and currently can settle all the Defi on #ETH and stock market without breaking a sweat. $KDA Transaction fee.0000000009$. #altcoin
@CryptoTemplars
trade.kucoin.com/KDA-USDT
Telegram Official :t.me/kadena_io
Kadena Trader :t.me/KadenaTraders
Discord :Discord.io/Kadena
$KDA #Kadena🇰 ⛓🕸
NFA
KDA / USDT - This is primed for liftoff!Kadena has ben building nicely and is ready to pop. I'm not going to get into the tech behind the chain, suffice to say this layer 1 tech has a ton of potential and it's one of my long haul bags. This is the time to add to your stack. We've retraced nicely and it looks like we've bottomed out on this dip. Adding to the stack at the ~2.65 USDT level. Looking for the next resistance around the mid 3's
KDAUSDT Technical Analysis⏳ Spot
💎 KDAUSDT has broken above the ascending triangle. After the retest it has got rejected which indicates the bulls are in control. After the price goes to the Pullback zone I expect another rejection and a Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 2.6760
☕️ TP1 3.3800
🍺 TP2 4.0550
🍻 TP3 4.8000
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 2.2700
Good Luck 🎲
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