Kadena (KDA) from last two years was falling, this is the first time from then that the price has managed to hold above the 21 MA and 50 moving average and now seems to be in an uptrend on the daily time-frame. KDA have space for the growth in its price and can be considered as a buying opportunity, I am aiming for 7.7usd per coin in the upcoming months.
Note-...
#KDA
On the 4-hour frame, we have an ascending channel within which the price is trading
There is stability in the price above the moving average of 100
We have strong upward momentum supported by the rising channel
Entry price is 1.275
The first goal is 1.366
The second goal is 1.478
The third goal is 1.600
Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1880 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Seems Like already bottomed Out & Formed Descending Channel In Daily Timeframe Incase Of Breakout Expecting 150 - 160% Bullish Move Keep eyes On lower tfs Too for breakout
