KDA DCA Target
Kadena / Tether KUCOIN:KDAUSDT
This chart based off of The Elliot Wave Theory, Head/Shoulders, Fibonacci, MacD , RSI , Momentum, and resistance/support zones. KDA still has more downside to go. The height percentage of the head and shoulders is calling for a 80% retracement from the neckline. We have about 40% left to complete that retracement. Momentum and RSI are still calling for more downside as well. The next buy zone will around the $2 zone. If this area doesn’t hold, look to buy around the $1.60 zone.
