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KDAUSDT trade ideas

✴️ Kadena 14,810% New All-Time High Potential (148X)The bull-market or bullish wave for this Altcoin lasted 105 days. The bear-market or bearish cycle lasted 644 days. We are now going to enter a "recovery" phase. After this recovery phase we will have a new bullish wave or bull-market. Since we have a long-term higher low, we can expect a new All-Time High when the next bullish cycle takes place, most likely in the year 2024. The potential for Kadena (KDA) goes up to 14,810% or 148X, huge numbers. That would put the final target at $73, long-term. Other relevant levels are $17, $28 & $45. This is not financial advice. Namaste.
Long
by MasterAnanda
7
KDA Getting Ready For Bullish Surge? Kadena Today Analysis 💎Yello, Paradisers, get ready for action! KDA/USDT is teetering on the edge of a bullish breakout, poised to escape its downward channel and kickstart an upward journey. 💎Recently, Kadena (KDA) has been gravitating around a crucial support area. With trading volume on the rise, we're optimistic about a forthcoming bullish swing. 💎After initially setting equal highs, the price took a notable nosedive, signaling a shift in market sentiment and prolonging its bearish course. 💎However, bullish indicators are starting to resurface, and we expect the KDA to aim for the looming supply zone soon. 💎A word of caution, If the price breaks below the support amid market fluctuations, gear up for a potential bearish continuation. 💎Stay tuned for more real-time updates and trading insights!
Long
by MyCryptoParadise_Simon
KDAUSDT wants the breakout?In the current market scenario of the KDAUSDT trading pair, there is a noticeable presence of a descending daily channel pattern. This pattern is characterized by a series of consecutive lower highs and lower lows, indicating a gradual downward movement of prices within a well-defined channel. Traders and analysts are currently observing this descending channel closely, as it often serves as a reliable indicator of the market's prevailing downtrend. Within this channel, price fluctuations have been contained, creating a distinct upper resistance trendline formed by connecting the successive lower highs, and a lower support trendline established by joining the successive lower lows. Market participants are eagerly awaiting a potential breakout from this descending channel, as it could signify a significant shift in market sentiment and potentially mark the end of the prevailing downtrend. Breakouts from such patterns can lead to substantial price movements and present trading opportunities for those who follow Plancton's trading rules. As per Plancton's trading rules, a new long position might be considered if the price manages to convincingly breach the upper resistance trendline of the descending channel. This breakout could be interpreted as a potential reversal of the current downtrend, with the possibility of a bullish trend emerging. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
4
Lovely KDASilent chart just a channel and trend No numbers no Elliot waves and nothing because i have to scenarios for the downtrend either WXY or Flat and to be honest "i really don't know" which on is the right scenario. But, you have a down trend which is in red and you also have a channel my advice don't buy KDA before returning inside the channel, as well as before crossing up the red downtrend and re-testing them. The positive thing is we are at the end of the correction and we have positive divergence on the weekly frame . Be careful and good luck
by belalz
Kadena's DCA Zone (Gems edition)What Problems Does Kadena (KDA) Attempt to Fix? Kadena (KDA) solves a variety of problems that continue to hinder large-scale blockchain adoption. For one, it helps to reduce inefficiencies due to inoperability across industries. The network’s multi-layer structure enables it to unite public applications, private blockchains, and other networks in a secure and seamless manner. Kadena users can avoid network congestions thanks to the unique technical structure of the protocol. Kadena braids together multiple blockchains that share the same cryptocurrency to provide vertical scalability far beyond other PoW networks. This strategy enables it to expand or contract to meet the needs of the community. Notably, Kadena’s public blockchain performed a live network expansion from 10 chains to 20 chains in 2020 to demonstrate this capability to the market. Do youalso feel it is a gem for the next bull market?!
by The3eyedFrog
14