DaleRennie

Right on cue! $KAI is most probably about to go on another run.

Long
KUCOIN:KAIUSDT   KardiaChain Token / Tether
My previous kai call was taken down by Trading View for placing a twitter link in the description. Apparently this is against their rules unless you pay for a higher subscription. They also hit me with a 24 hour ban.

We move on. I'm back from TradingView 24 hour lock up (Jail). Here is a copy of my previous call that was taken down. With some new notes below.

*****************

Before we get going, if you have enjoyed my calls or agree with this call, please smash the 'like' and 'follow' buttons. It means so much to be able to have you share this journey. Most of you know that I don't do calls for fun. I believe in my calls and invest in them.

KAI has cooled its jets. Where to now?

KAI has had an incredible run. Most of those runs we caught here with great accuracy and timing. At the ATH KAI had seen growth of 53X. That's King Kong massive on anyone's scale.

Where are we right now?

EMA 100 is still being respected. A bullish sign.

MACD is at the lowest level. Once it starts to curve upwards and cross, that is a great indicator that we are going to have upward momentum.

STOCH is screaming completely oversold

Volume is falling away. Those that follow me, know that I love this indicator. 



My fan lines demonstrate the trajectory range I believe we will continue follow. 


Fibs shows a 23.6% retrace. 



5 cents is the resistance line which I have marked.

Once we blow through that ,we will find ourselves in another stratosphere.

My signal is bear right now…..and we may dip further...However, for the reasons I have outlined above, it will not be long before KAI gathers strength to blast off for yet another run. It could happen at any moment.

Key areas to watch is that diagonal support line. If it breaks down in that area, we need to watch as it may mean a lot more consolidation before we take off. 

A higher probability is we bounce off that diagonal line and we commence the inevitable charge north.

My personal view right now is to start laddering into KAI again. Treat this like collecting precious stones. You don't know how long they will be around at this price. This is a great opportunity and a perfect time to make some educated bets. Once I see the upward signal, I will up the ante again and start increasing my buy orders even more.

Remember, around the corner is Mainnet. Q4 to be precise. At that point, there are so many positive fundamentals that will be a catalyst for major price action. At that point, if you don't have your positions, you are most probably going to miss an incredible run. I can see this coin blowing harder than a Sperm Whale partying in the Pacific.

As always, love and light. And remember, don’t trust any one else’s TA. DYOR and see if their thoughts align with yours.
Crypto Nut.

**********************************************

As you can see, as mentioned in the call, we did bounce perfectly in my fan line support. Easy to see what will most probably happen from here. It will be jittery, but should play in the fan channel I have drawn. You will also note that I have a bullish signal. Good times ahead.

Pro Tip: Always remember to use higher time frames to get a clearer status of the bigger picture. kai has not let me down following this golden rule.

Stay well and I will try to not be naughty by putting links in the description.

Crypto Nut

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.