Hi dear Patrons, hope you are well and welcome to the new trade setup of Kadena (KDA) with US Dollar pair.
Previously we had a nice trade of KDA:
Now on a daily time frame, KDA has formed a bullish Cypher pattern. There is also a hidden bullish divergence on the chart, as the priceline is forming higher low and RSI is setting lower lows.
Buy between: $1.68 to $1.48
Sell between: $1.97 to $2.28
Stop loss: Below: $1.48
Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 54%, and a loss possibility upto 12%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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.