Kadena has been inside a huge falling wedge from its Alltime high. Asper Technicals, Falling wedge is a bearish reversal pattern.
Currently, We can see a falling wedge in the lower timeframe too. Breakout can lead to the Scenarios that i have marked using the Arrows.
Also if we break out of the major falling wedge, I expect a deadcat bounce. Also, It is always...
Kadena 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...
KDA Is consolidating with a bearish divergence. A drop to 16.1 will be a healthy correction for the next leg up... buying more if we see anything below 16 USD.
KDA Will definitely be my biggest bag due to its amazing project. The FOMO is real without even major exchange listings and it is definitely cheap to buy now.
KDA Is currently accumulating in a bullish triangle and a breakout upwards will lead to new highs. However it will be good for a DCA Below 6 dollars. #KDASquad
