Solartje

Breakout confirmed, possible bat

Short
KUCOIN:KDAUSDT   Kadena / Tether
Like expected the bear flag broke out to the downside, breaking the trendline suport. We had a retest and now its heading further down, perfect for dca.

There is a gap below 9$, so curious to see how kda will react to the previous low. We could bounce back from there, create a double bottem reversal pattern and a possible bat formation suggest we should seek up previous ath.

If the 9$ doesnt offer suport, we will visit the 6$

Timing wise, btc is looking to hit his trendline in 2 weeks, where i expect a bounce. This is the same timing i see for the kda bottem around sunday 16jan.
From there its just pure moon.


Not financial advise, this is pure for my own educational research and backtesting theories.

Ähnliche Ideen

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.