Not a financial advice
Potential Inverse Head and Shoulders pattern on 4H timeframe
If we manage to break a downward resistance line and successfully retest it after we can continue growing to 2-3$ area in future with starting price rates at 1.2$ - 1.4$
As for me, I will keep KDA on spot and await to see where KADENA team leads us, 2023 year is promising
Potential Inverse Head and Shoulders pattern on 4H timeframe
If we manage to break a downward resistance line and successfully retest it after we can continue growing to 2-3$ area in future with starting price rates at 1.2$ - 1.4$
As for me, I will keep KDA on spot and await to see where KADENA team leads us, 2023 year is promising
Comentarios:
As for now, we are stuck at 1$ support area, if we break and go below 0.97$ area, then most probably we can expect another visiting of 0.85$ level, let's observe
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We have printed a lower low and lower high on 4H timeframe, which is not a good sign but it can be a market manipulation before CPI data release, let's patiently await
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Short update: if we manage to go upward and stay above 1.03$, then we have some decent chances to continue upward movement to 1.2$ - 1.3$
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I do not want to post a new chart yet, but I checked KDA chart on COINEX as it has more information and it seems we have broken upward a falling wedge with ATH at 3$, hence as for now we can reach it within the next months
Nevertheless, we still have to break upward our Cup and Handle pattern
Not a financial advice
Nevertheless, we still have to break upward our Cup and Handle pattern
Not a financial advice
Comentarios:
4H timeframe is not looking good, KDA and a whole market is following BTC
We might see a final bottom-capitulation on BTC before an uptrend
We might see a final bottom-capitulation on BTC before an uptrend
Comentarios:
As for now, we are most probably going to retest our support zone at 0.85$ or going lower, even 0.5$ is possible, let's await and see
We also might end up in a bear trap if BTC maintains 16450$
We also might end up in a bear trap if BTC maintains 16450$
Comentarios:
Cup&Handle was invalidated but we might end up forming Double Bottom on 1D timeframe with the 1st target around 1.35$ and 2nd target around 1.7$
Let's await whether it occurs
Let's await whether it occurs
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Not 100% sure yet, but we might be about to break our downward resistance line, huge Falling Wedge patter with the potential of 3$ and locally we can be forming and breaking our Double Bottom formation on 1D timeframe
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Still unable to break downward resistance, we can visit 0.85$ or lower if BTC makes lower lows
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As for now if BTC does not fall under 16500$ we have decent chances to form Double Bottom on 1D timeframe with the first target 1.3$
We also have Bullish Divergence on 1W timeframe and if we manage to close above 0.91$+ we will have Bullish Engulfing on 1W as well which is extremely a good sign
We also have Bullish Divergence on 1W timeframe and if we manage to close above 0.91$+ we will have Bullish Engulfing on 1W as well which is extremely a good sign
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1W Bullish Engulfing candle, I am expecting 1,07$ soon, not a financial advice
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Not a financial advice, as for now we follow BTC trend and BTC is getting overbought, USDC.D and USDT.D are getting oversold on a chart, which signals that we may face a correction soon, do not forget to lock profits
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Not a financial advice
We have an open GAP on BTC CME futures and there is a high probability we will close it soon, also per USDT.D and USDC.D(both oversold per RSI) show potential local correction
We have an open GAP on BTC CME futures and there is a high probability we will close it soon, also per USDT.D and USDC.D(both oversold per RSI) show potential local correction
Comentarios:
Hope you did lock some profits and re-bought lower, CME BTC gap has not been filled yet, I am expecting it to get filled first before we can climb higher
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Not a financial advice
I might be wrong but I have sold my KDA pack at 1.31$ to lock profit, I will be waiting for correction as we are currently at support zone per USDC.D
We also have 2 unfilled gaps on CME
Therefore I will try to re-purchase at around 1.18$ area
I might be wrong but I have sold my KDA pack at 1.31$ to lock profit, I will be waiting for correction as we are currently at support zone per USDC.D
We also have 2 unfilled gaps on CME
Therefore I will try to re-purchase at around 1.18$ area
Comentarios:
Not a financial advice
I decided to re-buy at around 1.28$ after some re-evaluation and just hold it, on a 1M chart we have a potential bullish engulfing and deep oversold per MFI(money flow index) on 1M candlestick as well
I decided to re-buy at around 1.28$ after some re-evaluation and just hold it, on a 1M chart we have a potential bullish engulfing and deep oversold per MFI(money flow index) on 1M candlestick as well
Comentarios:
Not a financial advice
I am waiting until 3D candlestick gets closed, as for now it gets closed with a upper wick which means sellers are taking control for now and at this point I would expect some correction before we proceed further
I am waiting until 3D candlestick gets closed, as for now it gets closed with a upper wick which means sellers are taking control for now and at this point I would expect some correction before we proceed further
Comentarios:
We need to get closed above 1.35$ which is our 200MA on daily timeframe, if we do so we will have an uptrend. As for BTC I am expecting to see 30k within the mid term
Operación cerrada manualmente:
1.7$ might be next but not yet confirmed, need to wait until weekly candle gets closed
I will also post a new vision with the chart
I will also post a new vision with the chart
None of these is a financial advice, do you own research