DaleRennie

KAI is looking solid. Get ready for some moves.

Long
DaleRennie Updated   
KUCOIN:KAIBTC   KardiaChain Token / Bitcoin
KAI is looking solid.

Please hit follow to get real time alerts on KAI and other GEMS I expose. And kindly hit the like button if you agree with my view.

KAI held up well against the BTC drop . We are currently trading at .0000010438

We can see from the chart that KAI has been having some sideways actions. With BTC hovering around 11K, I feel that KAI might just try to break out above the first support (drawn).

I like sets ups where price action moves sideways and slightly up with declining volume . That normally tells me a move is on the way and usually to the upside. Once volume comes back, you can imagine what it will do to the price. You can see my volume indicator on the chart. Normally, with weaker volume , price follows down. Not the case here with KAI - price is holding up - and that is a major indicator.

MACD is looking to cross over. And has a lot of space to wind up. This is great for price action. The RSI is at 67, not an issue once we have momentum.

I also like that the EMA100 has been respected on the daily. Zooming out to do TA on daily, gives me a big picture feel. You will note that I have two green signals to go North! Let's back up the truck and fill it up at these prices as it will not be long before a truly magical move happens.

I have drawn a second support on the chart. Note that once this is breached, we are in no man's land. Price will take its own course. ATH are just around the corner.

You may notice that I have a recent bull signal on my set up. 5/6 of these bull signals have been very accurate. They are to be respected. If we break the second support line, we will head to: .0000016500 and above. As noted, don't underestimate KAI .

This is one of those rare finds. Around a 20M market cap. Daily volume around 2M. This coin has the potential to easily become a 100M market cap and possible a lot higher as adoption really kicks in. With contracts in hand with major players in Vietnam and beyond, this is just a matter of time.

Keep in mind mainnet on KAI will be in Q4. Testnet was a success so I see this being a major impetus. They also have their mobile payment solution being rolled out with a major corporation in Vietnam. With a really strong core team made of a Google US devs/ managers. And some other well respected management, I am not surprised by their achievements thus far.

No need for stop loss on this one. We are well and truly riding high in profits and I expect much more to follow.

If you have benefitted from my signals or profit from this 'education and discovery' and wish to show grattitude.

Sending you love, light and profits.

Dale


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This is of course just educational information. Think of this as a video game. Nothing is real and you are the player.
Comment:
(As my previous history was erased by TradingView, Here is my original (Jul 18) call on KAI. We have grown substantially in profits since then.

KAI is 70% up since my call yesterday. Where to now?

Since the call yesterday, volume has been steadily building. The last 24 hours saw over 7M in volume . That's still only 50% of todays Market cap of 13.9M but double the turnover of yesterday.

KAI has so much upcoming news; deals to be announced, 'stake and earn', main net launch in Q4, that compels me to hold on for the ride. No doubt there will be corrections on this ride but I am going to enjoy them. The big picture on the teams vision and tech has the potential to create crypto folklore. The coin is currently #254 on CoinGekco. To become a top 50 will mean a 12x from here. Very possible in my view.

Patience as always is going to be the key factor for you to maximise your returns on KAI . As I said yesterday, I would also be extremely careful in trying to ‘swing trade’ this token. As you may end up swinging yourself out of a bag.

Once again, my take on KAI is that this is a GEM that will inevitably be discovered by the masses. The tokens upside is massive.
$KAI FTW. My call is to hold this baby for a 10X and probably a lot more.

Sending you love and light. May the KAI FORCE be with you and your family.

Dale

If you do benefit or profit from this 'education and discovery' please smash the like button.

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This is of course just educational information. Think of this as a video game. Nothing is real and you are the player.
Comment:
uick update.

As you can see KAI broke through the first resistance and then tested the top resistance line I drew in. It then retreated back to the first resistance line and has now made its way back to the top resistance line. It has tested it a number of times. It's only a matter of time and we will see another burst of energy from King KAI.

The bigger picture: There are some key drivers waiting in the wings. Namely, Mainnet, Staking and the roll out of their mobile payment wallet. The latter with a universe of 60 million users it going to have a big impact on volume and price.

KAI has a very powerful base on social. With strong twitter and telegram communities. As an active member, I can attest to the quality of the communities. This is yet another powerful weapon in the massive arsenal KAI is building up.

I truly believe that success in Vietnam is inevitable as getting wet in the ocean. With that, I can foresee a potential 100X from here. Once the Vietnam model is getting traction, no doubt other Asian countries as early adoptees will follow. This is where 1000X is on the table. Vietnam and China have extremely close ties. Food for thought.

I hope you enjoyed this update. Smash that like button and hit the follow if you would like real time updates.

All educational. Every color matters. And here's to paying it forward. Share the love.

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