Free Kadena (KDA) Technical Analysis Signals | Free Crypto Technical Analysis Signals | 06 Mar

Overal Signals
Hold Buy Hold Hold
Last Update / Period
06 Mar / Daily

Kadena (KDA) signal with technical analysis on 06 Mar

On May 5, 2023, we conducted a comprehensive technical analysis of Bitcoin, considering 256 signals with intricate details. Here are the key findings: 148 suggested buy signal strategies, while 9 indicated sell signal strategies. The remaining 99 strategies remained neutral without providing any specific signal.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's delve into the details of each strategy:

Strategy 1:
Buy Signals: 32
Sell Signals: 7
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 36
Sell Signals: 2
Neutral Signals: 26
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 39
Sell Signals: 0
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 41
Sell Signals: 0
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Overal Strategy :
Buy Signals: 148
Sell Signals: 9
Neutral Signals: 99
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are solely based on daily price changes and do not take external factors such as news, market sentiment, or company developments into account. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Kadena (KDA) investments, we strongly recommend visiting the "Magic Analysis" technical analysis website. They also provide signals for free, and if a signal aligns with ours, it's likely to be a reliable and valid indicator, as we've seen over time.

BNResult: Looking at the technical analysis for Kadena (KDA) on th, it appears that there is a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and making investment decisions should be done carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.

Based on the signals, we offer the following recommendations:

Kadena (KDA) trading strategy for those who are in buy positions (long positions): If you are currently in a buy position (long position), based on the consensus of our technical analysis signals, continue to maintain the current position with greater vigilance and caution. However, always be careful and monitor market developments closely.

Kadena (KDA) trading strategy for those who are in sell positions (short positions): If you are currently in a sell position (short position), it is recommended to choose the optimal time to exit the current position based on the combination of technical analysis signals. If you have a high risk tolerance, wait for the market to move in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy position (long position), it is recommended that you consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before deciding to initiate a buy position (long position), it is important to be careful and do thorough research to ensure that it fits your risk tolerance and investment goals.

In all your trading endeavors, the implementation of a well-defined stop loss strategy is paramount to manage potential downside risks effectively.

Useful Tips 2:, for those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions for your Kadena (KDA) holdings.

Kadena (KDA) Price Analysis and resistance Levels:

Given our current long position in Kadena (KDA), analyzing key resistance levels is crucial to better guide the cryptocurrency's price movement. These resistance levels serve as important benchmarks for our strategy and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (2.424):
The primary hurdle we face is the 2.424 price tag. If the prevailing trend remains unchanged, it is quite possible that Kadena (KDA) could break above this level. This will be a promising indicator of its strength and potential for further achievements.

It's crucial to remember that these resistance levels should be looked at closely and understood in the context of overall market trends and indicators. To make well-informed decisions while trading Kadena (KDA), it's essential to stay alert and keep analyzing the market consistently. This will be valuable as we navigate the ever-changing world of Kadena (KDA) trading. By paying attention to these resistance levels and considering broader market dynamics, you can make smarter trading choices and adapt to the dynamic nature of this market.

Kadena (KDA) technical analysis chart

Kadena (KDA) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 2.424 -- -- -- --
Support 1.433 1.126 0.894 0.882 0.858
Kadena (KDA) price movement in the coming days

Kadena (KDA) signals list for 06 Mar

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Kadena (KDA) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 Mar Hold HoldHoldHoldHold
2 04 Mar Hold HoldHoldHoldHold
3 03 Mar Hold HoldHoldHoldHold
4 02 Mar Hold HoldHoldHoldHold
5 01 Mar Hold HoldHoldHoldHold
6 29 Feb Hold HoldHoldHoldHold
7 28 Feb Hold HoldHoldHoldHold
8 27 Feb Hold HoldHoldHoldHold
9 26 Feb Hold HoldHoldHoldHold
10 25 Feb Buy BuyBuyBuyBuy
11 24 Feb Hold HoldHoldNeutralNeutral
12 23 Feb Sell HoldHoldNeutralNeutral
13 22 Feb Buy HoldHoldNeutralBuy
14 21 Feb Sell HoldSellNeutralNeutral
15 20 Feb Sell SellNeutralHoldHold
16 19 Feb Hold NeutralHoldHoldHold
17 18 Feb Buy BuyHoldHoldHold
18 17 Feb Hold NeutralHoldHoldHold
19 16 Feb Hold HoldHoldHoldHold
20 15 Feb Hold HoldHoldHoldHold
21 14 Feb Buy BuyHoldHoldBuy
22 13 Feb Hold NeutralHoldHoldNeutral
23 12 Feb Hold HoldHoldHoldHold
24 11 Feb Hold HoldHoldHoldHold
25 10 Feb Buy HoldHoldHoldBuy
26 09 Feb Buy HoldBuyBuyNeutral
27 08 Feb Hold HoldNeutralNeutralHold
28 07 Feb Buy BuyBuyNeutralHold
29 06 Feb Hold NeutralNeutralNeutralHold
30 05 Feb Hold HoldHoldHoldHold

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