Kadena : An overview of the bigger Timeframe... Kadena has been inside a huge falling wedge from its Alltime high. Asper Technicals, Falling wedge is a bearish reversal pattern.
Currently, We can see a falling wedge in the lower timeframe too. Breakout can lead to the Scenarios that i have marked using the Arrows.
Also if we break out of the major falling wedge, I expect a deadcat bounce. Also, It is always good to buy this gem using Dollar-Cost averaging at these very severely undervalued Prices.
KDAUSD
KDA - Moon soonHello,
here u can see, where Kadena will go.
Im very bullish on this one!
Take your bags before is too late!
Green is first support when we get there.
Red is first stronger resist.
Blue is way where we probably go.
Red arrow is launching way.
There is so much new on KDA coing out soon, which help us get from this place easily, than KDA will be unstoppable.
Ofcourse its all matter of BTC, but once we get from here, than even BTC wont stop us. :)
💥Kadena is moving as planned🤓Please support this idea with a LIKE👍 if you find it useful🥳
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This is the kadena daily timeframe chart. Price broke out from both the falling wedge and an ascending triangle.
Price is retesting the breakout price. If price reverse at $6.60, then this pattern will be valid.
What do you think?
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KADENA on the verge of starting a mega rallyKDAUSD has been on fire recently and that bullish short-term trend broke above the 1D MA50 (blue trend-line) today. The last time it did so on December 27 2021, it was a fake break-out but on a long-term scale, it resembles more the bullish break-outs of August 08 2021 and January 25 2021. The CCI sequences between the three phases are very similar.
The CCI appears to have bottomed the same way it did in late 2020 and mid 2021, so there are more chances that the current 1D MA50 break is a bullish signal and not a fake-out. Technically, we should be seeing an aggressive rally soon and the modest target based on the neutral scenario of Jan - April 2021 is the Higher Highs trend-line at around 35.000. A break above the 1.5 Fibonacci extension, could target the 2.0 Fib as it happened on the October 23 break of 1.0 Fib (that almost reached the 1.5 Fib within 2 weeks).
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IS THE CORRECTION OVER FOR KADENA? (KDA ANALYSIS)In our Last KDA analysis we correctly predicted the sell of down to its current levels which was our DCA zone as shown below
In this analysis, we will look at the thigns required for KDA to meet our desired buy target of $2-$1.95
Still in it's correction phase, looks to be a gearing up for a wave correction of the downward 5 way impuls move.
Should this be the case, KDA could see prices of $8-11 before take a turn for our $2 dollar price target completing the impulse move down.
However, A close well above the upper green resistance and a succesful retest as support would invalidate our analysis.
Price Targets of $40-50 & $85-150 remain unchanged.
If you agree with pls leave a like and share your thoughts in the comments.
Feedback is appreciated.
Can #Kadena #KDA overcome RSI resistance?Can Kadena (KDA) overcome RSI resistance?
And how long will price stay below MA-Ribbon EMA60 before flipping it bullish again.
Last time we had to wait 88 days with a further loss of 72.5% - unlikely IMO.
OBV can give support so far.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
KDA double bottomThis could be the monthly bottom but BTC looks healthy but i put hope in the scamwick in BTC. Somebody loaded up.
Bukake is heavy underwater. His BTC friends will pump it imo. Tax season is coming. Make sure to take enough profits before April/May.
It will be either ALTseason or full on bear till next halving.
KDA Investing should be only
at the right time And safe and correct places .
be careful !
SL : 18$ with high momentum .
KADENA WILL ENTER PRICE DISCOVERY! UNDERVALUED PROJECTHello Traders!
Today we will consider the trading pair KDA/USDT
First-off, from a fundamental point of view, Kadena is a solid project with appealing Use Cases
Launching one of the world's first scalable ready for application,
Public braided blockchain,
Delivers Security & throughput, with a mission to unite public applications, private blockchains, and other interoperable blockchains in one place, driving traffic to the high-bandwith computer at the heartof the Kadena public blockchain.
Ohh, Forgot to mention it processes more transactions per second than solana. 480,000 transactions/second compared to Solana's 2,777 all thanks to it's braided chains.
Moving to the Technical Aspect of things, the chart above suggests Kadena is undervalued coupled with it's fundamentals.
Bullish Divergence formed complicated things, therefore we consider multiple scenarios if not all.
Currently in a large degre 5-way impulse move(orange), price action is yet to complete the 3rd wave.
3rd wave consisting of a smaller degree 5-way impulse move(blue) looks to be either in the 4th (correction) wave still, or on coure for it's 5th impulse wave to complete the larger-degree 3rd wave.
(Still holding it's ascending trendline, white pathway looks valid for the time being)
Highlighted are pathways price could follow, each following the rules of the wave count.
DCA zone/240(1) support is a good area to grab some irrespective of which scenario plays out.
Blue support zone down at the D4 support area(0.618 support) is the best place for large buys and to go long.
Green confluence zone is a take profit area with confluence irrespective of which scenario plays out,
Blue Resistance zone is Main target should wave 5 be much longer than wave 1.
Either way, Wave 3 looks to be the longest making this a Third Wave Extension.
💥KDA FALLING WEDGE - TO PUMP BY 400% TO ATH🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Before you criticize me, here is my reason.
As we can all see on this chart, kadena obeyed the falling wedge pattern formation. We have three solid support zones on the trendline and two strong zones serving as resistance on the trendline.
If the current downtrend get rejected at the trendline and the current candle close as a bullish pin bar, we have more chances to hit ATH if price break out of the falling wedge.
What do you think?
Share your opinion in the comment section✍️
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KDA/USDT ( Kadena ) Bull Flag so I am Expecting $50 soon#Kadena/USDT Bull Flag:-
$KDA chart is looking Super bullish imo.
Trading price:- $12.60
This is Very big Bull flag so Target also very big.
Breakout Point= $12.50 ✅
Retest = $10-$11 Waiting
Targets:- $16.20/$24.50/$50
As per chart $KDA already broke the resistance of Bullish Flag.
And Now searching best Retest level before Fly up.
Support:- $10–$11
Resistance:- $16.20/$24.50
KDA Still Potential to hit $50 Club because now $9 Price#KDA/USDT TA Update:-
$KDA currently trading at Very strong support.
I am expecting Bounce from here.
We already buy some at $11 level.
I am buying some at $8-$9
Always buy Partially.
Now..?
If bounce from here then we can see First Stop will be $16 and 2nd Will be $24
Stop Loss:/ If any daily candle close below $7.80 then Exit time.
Already-72% down from recently ATH.
KDA/USDT 15m timeframeaccording to an Elliot wave;
- KDA could have a leg up to the first target area (orange arrow) which is between the 0.5 & 0.618 fib levels of the Elliot wave A length
- or KDA could retrace to the black line which is the 1.618 fib level of the wave A and then bounce up
- also there is a bullish TK cross
- 2nd target area is the top of the ichimoku cloud which would be valid if there was multiple candle closes in the cloud
KDA/USDT 15m timeframe- double bottom
- could range for a few hours then break out towards the top of the ichimoku cloud
- there is a bearish TK cross & a large gap between the conversion line and base line, but these 2 bearish indications could be invalid and cancel out due to the drop that has already happened.
- i believe KDA should recover in the next few hours
The next target for Kadena is 15.5 USDIn order for the trend to reach the 4th point, it needs to reach the resistance of 15.5. Considering that KDA is at the top of the altcoins with a bright future, t his target is not difficult to reach.
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