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Kadena

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!
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by MyCryptoParadise_Simon
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
My Macro View - Kadena $KDAI think we are playing out a FLAT here currently, which should bring us up to the marked range. Personally, I do not feel we are ready to breakout of that yet, as my narrative with Bitcoin would get us up to upper $30k when this plays out. Should see a rejection that would then go in harmony of Bitcoin retracing back down to lower 20k... from there, we then take off for a bullish outcome. Accumulation range ATM... Proof of Work is the smart/regulated approach and with Ethereum CRYPTOCAP:ETH departing from this realm, it opens the door for likes of Kadena to take the lion share. There will be other competitors, but the team behind Kadena and the technical aspects it can be considered for in the realm of the trilema and all... we are in total range to be accumulating why you can ATM.
CRYPTO:KDAUSDLong
by UnknownUnicorn54918656
1
Bottoms UpKUCOIN:KDAUSDT has consolidated nicely on this trendline this past week. Sudden moves to the upside haven't seen much follow through yet, but the support has been solid. Interestingly enough, looking at the 4 hour chart you can see another Adam & Eve bottom along the trend line. This would appear to be a fractal of the much larger Adam & Eve bottom put in place at the end of the year. The consolidation and support level found around the $1.15 mark is the retest of the breakout from the large pattern. While the most recent 4 hour candle that wicked down from $1.25 to $1.18 could also be seen as the retest for the smaller fractal pattern. I'm well aware there's a stigma associated with pattern-based trading. Like pretty much everything in TA it should only be used in conjunction with other forms of analysis. However, these smaller echoes are worth watching. Should they prove to be valid in the end, they can be a very big tool in identifying price direction.
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by JNor
Kadena (KDA) formed bullish Gartley for upto 15% pump soonHi dear friends, hope you are well and welcome to the new trade setup of Kadena ( KDA ) with US Dollar pair. Recently we had a nice quick trade of KDA If you are still holding KDA then I would suggest you to hold it and follow the targets as per new move, because, now on a 4-hr time frame, KDA has formed a bullish Gartley. You can calculate you targets as per the classic Gartley move and place your sell orders accordingly Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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by moon333
1
Kadena | Same Pattern Repeats | Green Monday? See Inside!The same pattern we saw today with OmiseGO (OMGUSDT), Internet Computer (ICPUSDT) and Decentraland (MANAUSDT) is repeating on the Kadena (KDAUSDT) chart, but here we are a bit more advanced. Let's dig in. (Boost, share, follow, comment, etc.) Not only these three pairs I mention above but many of the small cap., or I should say medium cap., altcoins are showing this exact same pattern. We see a lower low in November compared to June, sometimes May. The lower low has less volume in November compared to June. After the low is in we see a pick up in trading volume with the day closing green. We have a bullish RSI and a cup pattern. We also see all these pairs moving above EMA10 and some EMA21 but mostly all below EMA50. Kadena has gone ahead and is now moving above EMA50. EMA50 is the magenta line on the chart and opens the door for mid-term growth. This is great news... Because what one Altcoin does, the rest tends to follow. Let's hope we don't get a negative surprise tomorrow and everything turns the other way... The charts are bullish though. Not technically bullish but bullish potential developing; early bullish signals... Things can always change. Make sure to do your own research and have a plan before you decide to trade. Thank you for reading. This is smart advice. Namaste.
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by AlanSantana
1
KDA/USDTPotential inverse Head&Shoulders on 1D timeframe, also bullish RSI divergence on 1W timeframe If BTC price gets reversed back to the 25l+ level, also keep in mind we have unclosed gaps on CME exchange at 28k and 35k levels, hence I could expect KDA price follows BTC and potentially reach 3$ or 4$ level I am also awaiting for the announce of 2nd KDA cohort or future projects, in general Kadena is long term investment, we have brillian team, therefore I sincerely believe that KDA has a bright future
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by TradeYourLogic
$KDA Kadena buyzone and target. FA/TA.Kadena was always one of the promising yet undervalued Layer1. Their ecosystem is young, yet as they are using Proof of Work consensus, they are one of the few left PoW blockchain that support smart-contracts. In term of price, $KDA was sitting at their support, ranging from $1.3 to $1.6 in the last 3 months. Now it's time for $KDA to boom or bust. Their valuation is fairly low (under $300M) compare to other layer1s, especially with their sharp competitive edge in the coming years. In the long term view, Kadena valuation should be at least close to $800M - $1B market cap, with $KDA price ranging from $5 - $6. If there is a good market rally, $KDA price could hit $10, but that's unlikely to happen in the current bear market context. However, $KDA still a good gem to buy. We've filled our position at around $1.3 - $1.45. Will buy more at $0.8 - $1.05 zone if we have the chance. Buyzone 1: $1.3 - $1.45 Buyzone 2: $0.8 - $1.05. Cutlosses: As a long term investor, we will cut our losses if the team abandon their project or a heavy exploit occur. Traders should manage to cut-loss if they loss more than 30% of their position. Target: $3.8 -> $5 -> $8
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by Chainslab_Analytics