I already shared with you the long-term chart for Kadena, KDAUSDT, the potential is huge but, our readers want more, a closer look.
July 2021 is the All-Time Low;
August 2023 is the month when we got a multi-year long higher low...
The August low (and higher low) can be considered the bottom low of the consolidation phase.
Ok, that's all the context we need for a closer look.
KDAUSDT is trading at bottom prices, with a low in August and a higher low this month, October 2023.
Now here is the interesting part and the revealing signal.
The MACD hit bottom December 2021, creating the strongest bullish divergence ever:
While the RSI hit bottom May 2022, another strong bullish divergence considering that the latest low KDAUSDT hit happened August 2023:
These signals are telling us of a potential long-term trend reversal.
Just as the pair has been going down for years, it will go up for years when the time comes for the trend to change.
The long-term higher low indicates that a new All-Time High is possible within the next bullish phase.
Short-term, current price action, we can see volume peaking up after the August low.
Bitcoin just broke bullish and some Altcoins have grown by 1,000% or more.
What one does, the rest follows.
Never in the history of Cryptocurrency we see Altcoins growing 1,000%, 2,000%, 3,000% or more in a bearish phase. The fact that we are seeing this type of action only means that the bear market is over and we are getting ready for a new phase.
These Altcoins went ahead or are set to produce even greater numbers in 2024... Regardless, Kadena as well as those other Altcoins that I am publishing daily are very likely to follow and grow.
If you have another question just leave another comment.
Make sure to follow & boost!
Thanks a lot for your support.
Namaste.
July 2021 is the All-Time Low;
August 2023 is the month when we got a multi-year long higher low...
The August low (and higher low) can be considered the bottom low of the consolidation phase.
Ok, that's all the context we need for a closer look.
KDAUSDT is trading at bottom prices, with a low in August and a higher low this month, October 2023.
Now here is the interesting part and the revealing signal.
The MACD hit bottom December 2021, creating the strongest bullish divergence ever:
While the RSI hit bottom May 2022, another strong bullish divergence considering that the latest low KDAUSDT hit happened August 2023:
These signals are telling us of a potential long-term trend reversal.
Just as the pair has been going down for years, it will go up for years when the time comes for the trend to change.
The long-term higher low indicates that a new All-Time High is possible within the next bullish phase.
Short-term, current price action, we can see volume peaking up after the August low.
Bitcoin just broke bullish and some Altcoins have grown by 1,000% or more.
What one does, the rest follows.
Never in the history of Cryptocurrency we see Altcoins growing 1,000%, 2,000%, 3,000% or more in a bearish phase. The fact that we are seeing this type of action only means that the bear market is over and we are getting ready for a new phase.
These Altcoins went ahead or are set to produce even greater numbers in 2024... Regardless, Kadena as well as those other Altcoins that I am publishing daily are very likely to follow and grow.
If you have another question just leave another comment.
Make sure to follow & boost!
Thanks a lot for your support.
Namaste.
Comment:
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lamatrades.com (Since 2017)
🔝 9,999+ Altcoins & Bitcoin Charts!
t.me/alansantana1111
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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Namaste.