KDA/USDT-- Not a financial advice, please, do your own research --
Finally, we are observing break out of our downward resistance(Falling Wedge, reversal pattern) with some significant volume and multiple RSI divergences.
As for now, we need to await and see, how 1W candle gets closed(we still might end up with the fake break out).
I have DCAed at different price levels: 0.77$, 0.52$ and hold it for long term
If you have missed some recent KDA news and why I personally believe in project:
- ledger support
- increase of daily transactions volume(which signifies adoption)
- constant technical development
KDAUSDT trade ideas
KDA Dont Miss Out! Grab the Bull by Horns And invest Smartly**Short Fundamental Analysis of Kadena (KDA)**
Kadena (KDA) is a layer-1 blockchain that aims to provide high throughput and security at scale. It utilizes a unique hybrid consensus mechanism that combines the strengths of both Proof-of-Work (PoW) and Directed Acyclic Graph (DAG) technology. This approach allows Kadena to achieve fast transaction speeds and low transaction fees while maintaining the security of Bitcoin.
**Key Features of Kadena:**
* **High Throughput:** Kadena can process up to 250,000 transactions per second, making it one of the most scalable blockchains available today.
* **Security:** Kadena's hybrid consensus mechanism combines the security of Bitcoin with the scalability of DAG technology. This makes it a highly secure blockchain that can support a wide range of applications.
* **Enterprise-Grade Focus:** Kadena is designed for enterprise adoption and has a number of features that make it attractive to businesses, such as smart contracts, scalability, and security.
**Recent News**
* **Kadena Integrates with Chainlink Oracles:** Kadena has integrated with Chainlink oracles, which will allow it to access real-world data and assets. This integration could open up a number of new applications for Kadena, such as decentralized finance (DeFi) and non-fungible tokens (NFTs).
* **Kadena Deploys Smart Contract for Tokenized Bond Issuance:** Kadena has deployed a smart contract for tokenized bond issuance, which could revolutionize the way bonds are issued and traded. This could make it easier for businesses to raise capital and for investors to access new investment opportunities.
* **Kadena Partners with Chainalysis for Blockchain Analytics:** Kadena has partnered with Chainalysis, a leading blockchain analytics provider, to provide enterprise-grade blockchain analysis services for Kadena. This partnership could help businesses to comply with regulations and to identify potential fraud and abuse on the Kadena blockchain.
**Disclaimer**
Please note that Kadena is a relatively new cryptocurrency and is subject to a high degree of risk. There is no guarantee that Kadena will be successful or that its price will appreciate over time. Investors should carefully consider the risks involved before investing in any cryptocurrency.
**I am not a financial advisor and do not provide financial advice. This is for informational purposes only.**
KDA LONGIve been at this for awhile. I never publish but i like to watch what others post. However, i do see a big opportunity here.
We know the cycle and how money shifts, This may be a long swing but i think Kadena has potential to really shine.
The charts i focus on are the 1D and the 1W the one day just had a golden cross. Furthermore, the one week flipped into a green super trend since their run up to 28 dollars.
Highly recommend looking into this, I think there is money to be made here. Make sure you follow the market closely in January it may get alittle bumpy.
Double Bottom on $KDAObserving recent developments in FWB:KDA , the asset has successfully breached a robust resistance level, establishing what I refer to as an 'OTZ' (Optimal Trading Zone). In the next phase of my strategy, I'm patiently awaiting a retracement to the OTZ level, anticipating the formation of a double bottom pattern. This pattern, upon confirmation, will serve as my entry signal for a bullish position, with a target set at the $0.95 zone. Keeping a close eye on these key levels is essential for executing a well-timed and informed trade.
✴️ Kadena Update by Request (1,011% Potential Mid-Term)We already know the bigger picture, long-term, based on past trade ideas. I will add this at the bottom of this post.
👉 Medium-term we have more than 1,000% possible and here is the chart:
We are "talking" about Kadena, KDAUSDT.
Short-term, we saw a break and close below EMA10 and so the potential for a retrace.
The bullish bias is still strong and should remain valid/active for the weeks and months to come.
This is not financial advice.
All the information is shared for educational purposes only.
Thanks a lot for your continued support.
Namaste.
KDA/USDT - Kadena: BBand Breakout◳◱ On the $KDA/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.624 | 0.642 | 0.678 and support near 0.588 | 0.57 | 0.534. Entering trades at 0.724 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Kadena
▣ Rank: 224
▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Bittrex, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Kadena is a public blockchain that aims to optimize for scalability and features a new smart contract language, dubbed Pact, which comes equipped with formal verification and upgradeable smart contracts. Kadena also uses a new Proof-of-Work (PoW) consensus mechanism called Chainweb that consists of multiple individually mined chains working in parallel to execute network transactions. This design theoretically supports a high-transaction throughput at the base-layer without the need for any second-layer scalability or functionality solutions.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.724 ₮
▣ 24HVol: 9,573,144.443 ₮
▣ 24H Chng: 16.963%
▣ 7-Days Chng: 18.22%
▣ 1-Month Chng: 27.38%
▣ 3-Months Chng: 52.95%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.624 | 0.642 | 0.678
◢ Support: 0.588 | 0.57 | 0.534
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.51
▣ Last 90D: 1.84
▣ Last 1-Y: -0.38
▣ Last 3-Y: 0.97
◲◰ Volatility :
▣ Last 30D: 0.82
▣ Last 90D: 0.68
▣ Last 1-Y: 0.74
▣ Last 3-Y: 1.41
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.71 - Bullish
▣ Reddit sentiment score is 0.74 - Bullish
▣ In-depth KDAUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Kadena ultimate buying price for the next bull run In the chart , i indicated 2 zones , the first zone is a monthly demande zone 0.35$ . The second zone between the 2 lines , they indicate the 2020 and 2021 yearly open , for me 0.18-0.15 is the ultimate buying zone for KDA , where you can have the optimale roi in kda .
Todays price are good prices where you can dca , the prices indicated in the chart are not guaranteed , and not finnacial advice .
Thank you
KDA/USDT bullish horizons? 👀 🚀 Kadena Today analysis
💎 Paradisers, brace yourselves for a promising venture with KDAUSDT. The asset is currently navigating within a demand zone, signaling a heightened likelihood of a bullish trajectory.
💎 A recent development to highlight is its break from a descending trendline, which previously acted as resistance. This upward shift is further accentuated by the transformation of an overhead supply into a demand zone, bolstering bullish sentiments. Given its current position within the demand zone, the odds favor a bullish surge.
💎 Should this bullish momentum persist, the initial expectation is a retest of the .561 resistance level. A breach of this threshold could further amplify the chances of challenging a more formidable resistance level above.
💎 On the flip side, if the price descends below the current demand zone, there's a probability it might revisit the trendline once again