Market on our way to BC red correction lvl our buying zone with good potential for bulls wave with RR :2.75:1 bearing in mind that the market respect the gray correction LVL for the bears wave
KDA looks good and I think we can trust it and publicly we see a positive movement in the coming days
Hello #SorooshSchool Guys , As you can see in the chart , #kadena broke the dynamic resistant and pumped more than 8% targets are available in the chart after retest and confirmation Do not forget like and share this idea if it is useful analysis for you Have a perfect day
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- double top on the 15m chart - i dont think KDA will drop that much as there are no other bearish indicators - worst case scenario is KDA drops to the bottom of the ichimoku cloud - double top on the RSI, could move to an oversold level (below 30) which would be bullish
- double top - bearish TK cross - large gap in between the conversion line & base line = bearish - support around $9.7 may break as its been tested a number of times in the past, however if this does break a support at $8.7 will hold - thx to BTC for this retracement, also BTC to $42.5k
slight retracement to $10 and then a leg up towards the $13 level
kda broke out its channel it retested my 78.6 fib my long term target is the -68 on the fib
#KDA is in downtrend and try to break out the triangle and dynamic resistance at the area of 11-12. #KADENA needs to break out the strong resistance at the area of 14 to change to trend Next important support and key levels of #KDA are 8 and 5.5 Of market drop and start correcting, you should pay attention to those two important supporting levels as entry...