Kadena has had a nice run in November from around $6 all the way to around $28!
However, since its top, we have reached around 60% down from all time highs in November 11th.
Since then, it has been in a consistent downtrend.
However, at these levels, are buyers ready to step up?
We are now sitting in the lower channel on $10.45 - $13.30 range.
For Longs - Need to hold $10 support level.
Ultimately breakout of this channel and create new highs above $12.9.
For Shorts - We would like to stay under $13 resistance level
As well as Breakdown Channel under $10.25.
Let me know what you all think.
However, since its top, we have reached around 60% down from all time highs in November 11th.
Since then, it has been in a consistent downtrend.
However, at these levels, are buyers ready to step up?
We are now sitting in the lower channel on $10.45 - $13.30 range.
For Longs - Need to hold $10 support level.
Ultimately breakout of this channel and create new highs above $12.9.
For Shorts - We would like to stay under $13 resistance level
As well as Breakdown Channel under $10.25.
Let me know what you all think.
İşlem kapandı: hedefe ulaştı
$16Not
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Join Smarter Traders 🧠 discord.gg/t8vkMapQ3m
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.