Kadena (KDA) Can Start A Big Reversal Move From The Support Of A Broadening Wedge

moon333

Published: 25 Feb 2023 › Updated: 25 Feb 2023 Kadena (KDA) Can Start A Big Reversal Move From The Support Of A Broadening Wedge

Kadena (KDA) Can Start A Big Reversal Move From The Support Of A Broadening Wedge

Hi friends hope you are well, and welcome to the new update on KDA. On a weekly time frame, KDA has already broken out a huge down channel and re-tested the previous resistance of the channel as support. Now on a daily time frame chart, KDA has formed a broadening wedge pattern, and now it has again dropped at the support of the wedge. At the same time, there is also a hidden bullish divergence flashed on this daily time frame, therefore, a price reversal is possible.

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Kadena (KDA) Can Start A Big Reversal Move From The Support Of A Broadening Wedge