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Coinathlon
Jan 18, 2022 8:32 PM

KDA possible play Long

Kadena / TetherKuCoin

Description

After its rise from October to the end of Novembre we've seen a more than steady decline in the price of the Kadena.

As we're approaching the $6.5 level we're reaching a crucial level of support. If we fail to hold this then I only see further downside.

On the upside we could see an easy 2X if we hold the support.

Wait for confirmation and then this could be a nice point of entry.

Would you take this entry?
Comments
InkyGrip
the setup is still valid if the price flip again the resistance.
Thanks for sharing it 🦐
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