$KDA

Challenger n°1: $KDA 📊

Project: @kadena_io

Type: #BLOCKCHAIN & solid team & FA 💎

📌Neutral daily & H4 view , but oversell⏳

📌The price is moving into this kind of rising wedge.

It usually indicate that a bottom is forming for the mid / long term📈

📌In case of breakout upward the price should retest the 0..780$ - 0.830$ zone.

📌We saw 4 weekly closed exactly above the 0.445$ level, acting as a double bottom on the lagging span (W). A weekly close below 0.445$ could lead to a new low. If this level hold i'm bullish (mid term) 📈

Nothing much to say yet.

📈Key resistance (D1):

0.559 $ - 0.607$

📉Key support:

0.460$ - 0.445$ zone & trends pattern.

Will it breakout soon??? 🔮