Kadena BUY SETUP Hi everyone if you like the idea or setup please give it a like and a follow
Here’s a requested analysis on Kadena
Seems to be a a good entry level at the time, market pulled back to our Fibonacci magic level of 0.61 completing its pullback, market hasn’t gone too far from the price since then and most times when markets move sideways it only means its accumulating and getting orders in and getting ready to move.
As always, Be patient, but don’t time the markets
Kadenaforecast
KDA/USDT 15m timeframe- Continuation of the last KDA chart posted
- There is an inverse head and shoulders forming which is clearer to see on the lined chart rather than the candle chart
- The target if the inverse head and shoulders plans out is around $9.20 as it is the top of the ichimoku cloud
KDA 15m timeframe. is it heading down lower...?- bearish pennant formed
- large gap between the base layer & conversion layer
- strong support on the fib level around $8.8 if the price does drop
- if fib level breaks theres also a strong support around $8.6
KDA 15m timeframe. Bullish or Bearish?mixed signals on the KDA 15m timeframe
- there has been a few candle closes in the red ichimoku cloud which indicates a leg up to the top of the cloud or above
- there is also a bullish TK cross which supports this move up
- but there is a large gap between the conversion line and base line which indicates a move down
- also a double top which supports the idea of a move down
i expect a move up as prices are low, people surely are buying the dip.
but who knows could go either way
Mixed signals on the KDA 15m timeframe- bullish RSI
- 2 separate bearish TK crosses
- And a bearish double top
which way will it go?
hoping for a retracement to around $10 and then a leg up, but who knows..
Kadena Longkda broke out its channel it retested my 78.6 fib my long term target is the -68 on the fib
KADENA - We waited for this EntryThe thing with Crypto is that you 'never miss the train'.
KADENA has been a project that we followed, or a train we thought was missed. You see, in so many occasions we will see a project and think 'why didn't we know earlier'.
Kadena looks like a GREAT Buy today and personally i am getting on it.
Technically, the price is now on it's biggest support. I could not have shared with you a simpler chart and those are exactly the ones that tend to work the best.
Ranked #73 , Kadena :
Kadena is a blockchain which optimizes scalability and features a smart contract language called Pact. Pact is readable by non-developers and automatically detects bugs. Their ecosystem provides the security of Bitcoin, virtually free gas, unparalleled throughput, and smarter contracts. Plug in, deploy, and scale.
Another opinion : Kadena Will Rise Much Higher Thanks to New Smart Contract Features.
ps. we waited for this.. the only reason we can be happy about this dip.
One Love,
the FXPROFESSOR
KDA (Kadena) : An overviewKadena has been consolidating into a bullish triangle for the past 1 Month. If Triangle broken upwards, Expecting a +200% Bullish wave towards the 48 USDT range.
On the worst case, If we lost the support, We may retest the 12 USDT Support area.
I'm overall bullish on Kadena due to The good fundamentals behind it and i'm having no idea to sell it at such low prices.
I'm Sure December will be bullish for Kadena.
