This could be the monthly bottom but BTC looks healthy but i put hope in the scamwick in BTC. Somebody loaded up.
Bukake is heavy underwater. His BTC friends will pump it imo. Tax season is coming. Make sure to take enough profits before April/May.
It will be either ALTseason or full on bear till next halving.
Unfortunately, due to the general market trend, the Kadena trend did not proceed according to our analysis, and we are witnessing a further decline in prices. Given the circumstances, the current view for Kadena is to reach the desired support area to prepare the conditions for entry as the first step.
It should be noted that this analysis is only a probabilistic...
After its rise from October to the end of Novembre we've seen a more than steady decline in the price of the Kadena.
As we're approaching the $6.5 level we're reaching a crucial level of support. If we fail to hold this then I only see further downside.
On the upside we could see an easy 2X if we hold the support.
Wait for confirmation and then this could be...
In our last analysis, we identified 2 areas where Kadena can reverse from. Our first level failed to hold and so now we are looking at the -0.27 fibonacci level. For confirmation, we can wait for daily bullish candle and to go further, we can wait for the break of the descending trendline to confirm reversal.
The key level to look at is the 3-4 area where we're...
After a good growth in the form of wave 1 large now enter modified in wave 2 format.
After this wave is finished, be ready for a sharp growth in the form of wave 3
The divergence in MACD is obvious So we're going to have an upward movement in the form of wave B.
i see a overextended impuls 5-wave, based on the elliot principle. After every impulsive 5-wave a ABC-correction wave follows. The target in this scenario would be somewhere between 3,6 and 4,8. Load your bags because imo this project easy does a 10x from there (look at roadmap on Kadena, there is coming huge shit!)
Dont be scared from a 80% - 90%...
#KDA/USDT TA Update:-
$KDA currently trading at Very strong support.
I am expecting Bounce from here.
We already buy some at $11 level.
I am buying some at $8-$9
Always buy Partially.
If bounce from here then we can see First Stop will be $16 and 2nd Will be $24
Stop Loss:/ If any daily candle close below $7.80 then Exit time.
Already-72% down from...
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Not a financial advice🙅🏼♂️
Before you criticize me, here is my reason.
As we can all see on this chart, kadena obeyed the falling wedge pattern formation. We have three solid support zones on the trendline and two strong zones serving as resistance on the trendline.
If the current downtrend get...
citizenz of the moon
today we will analyze KDA, Kadena’s public blockchain is a braided, high-throughput Proof of Work system that runs Chainweb, a protocol that delivers security and throughput. The Kadena network will unite public applications, private blockchains, and other interoperable chains in one place, driving traffic to the high-bandwidth...
Kadena is showing us a very simple and easy setup. We had an impulse and now we're in an ABC correction, which will be followed up by another major impulse. Only question is where will the C wave stop.
We have 2 areas where we are looking for the end of C and the start of the impulse.
First area: 8.5 to 9
Double bottom area
Second area: 3.3 to 4
Today we will consider the trading pair KDA/USDT
First-off, from a fundamental point of view, Kadena is a solid project with appealing Use Cases
Launching one of the world's first scalable ready for application,
Public braided blockchain,
Delivers Security & throughput, with a mission to unite public applications, private blockchains, and other...
PLEASE LEAVE FEEDBACK!!
As you can see from the chart.
KDA has a descending triangle pattern. Following from the lowest point when it started to climb
to the highest point we can see that the fib retracement shows the key levels of resistance at 0.5 and also 0.786,
the next point of support is at the white which I have drawn, the fib retracement shows that the...
Are we prepared in advance to catch such a huge profit? Of course we are !
Here I suggested most probable and also most simple path of KDA as I see. It means it can show some more complicated forms like contracting triangles which are common for wave 4s. For now lets keep it simple. We can update our idea later if it ever needs an update !
If true , KDA will...