Kadena (KDA) at 2-day MA Ribbon support combined with support zone on RSI. The 2-day MA Ribbon was petty clear in the young past so far 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *no financial advice do your own research before investing
Take a hit of this, it'll run you up 360% to $95. Buddy of mines waiting for you there,he's got the stuff that'll get you the 6000% high you've been fiending for. After that, do yourself and society a favor and get help. You'll need it. It's not easy getting off a 6000% high.
Based on current RSI level and decreased volume, i am looking for abreak below the current fib wedge support. This continued down trend finding support around $12 where the previouse trend line and current fib level intersects should adaquitly place the rsi in or near the over sood level. Slippage below would be oppertunistic as the release of the first layer 2...
Top of the Morning! So KDA popped out and blast off to the moon in a matter of a few weeks! But the parabolic move touched its ceiling for now and will retrace. This parabolic move looks like from the book, so my DCA levels are the next ones: DCA 1 - $19,85 DCA 2 - $15,20 DCA 3 - $10,60 DCA 4 - $ 8,25 Unlikely to go lower than that, so I would focus on those 4...
The daily chart shows that Kadena has gone vertical in the last couple of days. As you can see, the KDA token flat-lined for most of the year and only started to catch a bid in October. As a result, the Relative Strength Index reads 86.71, indicating the rally is incredibly overdone. Logically, an RSI of 86.71 suggests an imminent reversal. However, since when...
seeing future fiblines at 32 and 68 thatd be nuts. Would love to do a fundamentals talk about why it would go there (besides being a New World Order Coin).
Look how well the IH&S played and how the rise match exactly the head height to the neck.
KDA, forming a flag pattern or channel.
Kadena has broken weekly resistance, if it turns that into support, it could by a buy opportunity. Waiting for confirmation...
From 10 chains to 20 chains, Kadena is now able to achieve 480K Transactions per second on 20 chains. This is their first successful mainnet fork, first ever in the world when nobody said Bitcoin could scale. Kadena can keep scaling with no limits to 1000 and over chains..this means millions of TPS at least. No blockchain has ever successfully scaled POW...