Kadena (KDA) formed bullish Cypher for upto 54% pump
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.
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.
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