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KDAUSDT trade ideas

✴️ Kadena | Detailed Update (Name Your Altcoin)I already shared with you the long-term chart for Kadena, KDAUSDT, the potential is huge but, our readers want more, a closer look. July 2021 is the All-Time Low; August 2023 is the month when we got a multi-year long higher low...
 The August low (and higher low) can be considered the bottom low of the consolidation phase. Ok, that's all the context we need for a closer look. KDAUSDT is trading at bottom prices, with a low in August and a higher low this month, October 2023. Now here is the interesting part and the revealing signal. The MACD hit bottom December 2021, creating the strongest bullish divergence ever: While the RSI hit bottom May 2022, another strong bullish divergence considering that the latest low KDAUSDT hit happened August 2023: These signals are telling us of a potential long-term trend reversal. Just as the pair has been going down for years, it will go up for years when the time comes for the trend to change. The long-term higher low indicates that a new All-Time High is possible within the next bullish phase. Short-term, current price action, we can see volume peaking up after the August low. Bitcoin just broke bullish and some Altcoins have grown by 1,000% or more. What one does, the rest follows. Never in the history of Cryptocurrency we see Altcoins growing 1,000%, 2,000%, 3,000% or more in a bearish phase. The fact that we are seeing this type of action only means that the bear market is over and we are getting ready for a new phase. These Altcoins went ahead or are set to produce even greater numbers in 2024... Regardless, Kadena as well as those other Altcoins that I am publishing daily are very likely to follow and grow. If you have another question just leave another comment. Make sure to follow & boost! Thanks a lot for your support. Namaste.
Long
by MasterAnanda
9
KDA/USDT | 1W 👀I deem it highly promising and lucrative, thus, I intend to retain the main portion of the coins for the long haul. Currently, the outlook for all tokens appears favorable, hence, I've set aside an additional 1% of the deposit for coin purchases. Buying at current levels is also feasible if you're prepared to hold for at least a year. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Kadena. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Kadena #Investment #KDA
Long
by Nyskohuz
3
Kadena ($KDA) - Flush the lows and run it upKadena is prepping for a flush of the lows in my opinion, but what comes after is what I am after. Watching for a flush soon, then my trigger is a reclaim of the range low above green and continued strength thereafter, not weakness. A move back to the range eq is significant, this is a large range currently in a re-accumulation-like phase of the cycle for Kadena and lots of other Alts. Long-term green zone looks like a buy, short term I would wait for a flush and take it to the range eq. My thoughts for now. Vatsik
Long
by cryptovatsik
KDAUSDT - BULLISH OUTLOOKKDAUSDT is currently exhibiting a bullish divergence on the 1-hour (1H) time frame, signaling a potential reversal in the ongoing trend. Furthermore, the price has successfully broken above the last lower high, indicating the initiation of a bullish trend. Notably, the market is now forming higher highs and higher lows, supporting the notion of a bullish continuation. Here's a concise technical analysis along with a suggested trading strategy: Entry: Consider entering a long position at the current market price (CMP) of 1.118. Stop Loss (SL): Implement a stop loss order at 1.025 to effectively manage risk. Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio: TP1 = 1.211 TP2 = 1.304 This trading strategy aims to capitalize on the anticipated bullish trend continuation. However, it's important to monitor the market closely for any changes in price action and be prepared to adjust the strategy accordingly.
Long
by sunnytrader07
KDAUSDT ⇒ is bullish, buy and holdhello guys... What is the use of KDA? KDA is a digital currency used to pay for computing on the Kadena public chain. Like ETH on Ethereum, KDA on Kadena is how miners are compensated for mining blocks on the network and is the transaction fee that users pay to have their transactions included in a block. as you can see this coin is on the ascending channel and made a baseline channel, it wants to touch the blue area (as the decision point) and then start another upward movement until reaches the 1.61 fibo level and the top line of the channel. but if the baseline breaks down you should enter the next bottom line too the short-term target: 1.65 the mid-term target: 3.1 the long-term target: 8.09 ______________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
11
KDA/USDT upward momentum from support? 👀🚀KDA Analysis💎 Paradisers, focus on #KDAUSDT as it's currently exhibiting a trend that suggests an upcoming momentum shift from its support level. 💎 #KADENA, after encountering resistance and embarking on a downward trajectory, is now at a critical juncture. If it manages to sustain momentum at the support level of $0.887, we could see a bullish continuation, targeting the next major resistance zone. Thus, the support level at $0.887 becomes a key factor to monitor closely. 💎 As prudent traders, patience and strategic flexibility are our allies. If FWB:KDA does not initiate a bullish trend from the $0.887 support, we must be ready to adapt. In such a case, our focus would turn towards a potential bullish rise from a lower support level at $0.774. 💎 Vigilant monitoring of this level is essential, as a breach could lead to a strategic realignment, potentially indicating hurdles in sustaining a bullish path in the #KDA market.
Long
by MyCryptoParadise
$100 is not impossible.If you look at Solana before the hype, the same situation applies. It will take place on the day that a few famous investors call the next Solana Kadena. Yes, Kadena's price should be $5-10 before this happens. From a crypto perspective, upcoming ETF approval, especially now, will cause investors to shift to approved projects in the USA. Kadena has a former SEC employee on staff, and it's a project with JP Morgan connections. I think the bad boys of Wall Street have seen this and will definitely perform better than expected in the upcoming bull run. Yes, before you make fun of it, take a good look at the Solana chart below. $2 to $200
Long
by TAN4242