#KDA broke its 1h trendline 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
KDAUSDT.PS trade ideas
KDAUSDT (4H) Bullish reversalHi Traders
KDAUSDT (4H Timeframe)
Waiting for the upward break of 1.89 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 1.50 would cancel the bullish scenario.
Trade details
Entry: 1.89
Stop loss: 1.50
Take profit 1: 2.12
Take profit 2: 2.38
Score: 3
Strategy: Bullish reversal
KDA/USDT HAS POTENTIAL TO PUMP 120%!! Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this KDA/USDT update. KDA looks very promising here.
KDA is making this falling wedge pattern in a 3-day timeframe a currently retesting it.
Long KDA/USDT
Entry range:- CMP
Target:- 120%
SL:- $1.3
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
KDAUSDT is testing an important support right nowThe price is testing the daily support on 1.4$. As you can see on the left the price got the liquidity for a new bullish impulse from here.
How to approach it?
IF the price is going to have a breakout from 4h resistance and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Kadena - following EW patternSo I've been casually browsing the book "Elliott wave principle" by A.J. Frost (a must have, btw) and came across this sample.
Remarkable how similar these two charts are (hope you see it the pic due to me being on a laptop). It's quite striking that the 5th wave isn't done yet. So if this is to be true, profit-taking target, according to the book, is at 1.618 Fib or ~$45.
Wave 2 - flat; Wave 4 - zigzag -> meaning EW alternation is valid.
Current situation and plan
interpretation of current structure is a possibility of us being in the 2nd wave of the first wave in this last leg up. Expecting more downside and hit of the lower channel line. If not, cool.