KDAUSDT trade ideas
โด๏ธ 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.
๐ 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 Breakoutโณโฑ 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.
โฐโฒ General info :
โฃ Name: Kadena
โฃ Rank: 224
โฃ Exchanges: Binance, Kucoin, Bybit, Gateio, Bittrex, Hitbtc
โฃ Category/Sector: Infrastructure - Smart Contract Platforms
โฃ 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.
โฐโฒ Technical Metrics :
โฃ Mrkt Price: 0.724 โฎ
โฃ 24HVol: 9,573,144.443 โฎ
โฃ 24H Chng: 16.963%
โฃ 7-Days Chng: 18.22%
โฃ 1-Month Chng: 27.38%
โฃ 3-Months Chng: 52.95%
โฒโฐ Pivot Points - Levels :
โฅ Resistance: 0.624 | 0.642 | 0.678
โข Support: 0.588 | 0.57 | 0.534
โฑโณ Indicators recommendation :
โฃ Oscillators: SELL
โฃ Moving Averages: STRONG_BUY
โฐโฒ Technical Indicators Summary : BUY
โฒโฐ Sharpe Ratios :
โฃ Last 30D: 2.51
โฃ Last 90D: 1.84
โฃ Last 1-Y: -0.38
โฃ Last 3-Y: 0.97
โฒโฐ Volatility :
โฃ Last 30D: 0.82
โฃ Last 90D: 0.68
โฃ Last 1-Y: 0.74
โฃ Last 3-Y: 1.41
โณโฐ Market Sentiment Index :
โฃ News sentiment score is N/A
โฃ Twitter sentiment score is 0.71 - Bullish
โฃ Reddit sentiment score is 0.74 - Bullish
โฃ In-depth KDAUSDT technical analysis on Tradingview TA page
โฃ 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!
โฒ Disclaimer
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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? ๐ ๐ Kadena Today analysis
๐ 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.
๐ 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.
๐ 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.
๐ On the flip side, if the price descends below the current demand zone, there's a probability it might revisit the trendline once again
KDAUSDThi snipers. In the one-day time frame, we see the price of KDA approaching the upper line of its long-term descending channel. In case of a breakout and stabilization of the price, we can expect the price to rise to high resistances. Nothing is impossible. Analyzes It is only a possibility and not an byu or sale.
KDA - Great level to $tart DCA, very over$old on many timeframe$KDA Kadena is a very solid project. We have been following it for a long time.
Currently it is seriously oversold and it presents an opportunity to start looking for an entry.
Follow the analysis in the video to find out why we believe so.
Thank you for watching! Comments and feedback are always welcome :)
Kadena 14 days fallThe structure is first the price find a low and make a double top then break the uptrend lower low too lower low line after this its fall 4 origin line but every fall is weaker and faster. The first fall 4 lines for 45 days then 3 lines for 25 days so probably the next fall take 2 lines and 14 days. My target is 0.37-0.35$ and still in short from 0.468$.