Kadena has been inside a huge falling wedge from its Alltime high. Asper Technicals, Falling wedge is a bearish reversal pattern.
Currently, We can see a falling wedge in the lower timeframe too. Breakout can lead to the Scenarios that i have marked using the Arrows.
Also if we break out of the major falling wedge, I expect a deadcat bounce. Also, It is always good to buy this gem using Dollar-Cost averaging at these very severely undervalued Prices.
Currently, We can see a falling wedge in the lower timeframe too. Breakout can lead to the Scenarios that i have marked using the Arrows.
Also if we break out of the major falling wedge, I expect a deadcat bounce. Also, It is always good to buy this gem using Dollar-Cost averaging at these very severely undervalued Prices.