The plane has taken off from the landing strip. How high will it go this time?
1. Interesting project.
2. 75% discount from ATH
3. Anytime the price goes above the accumulation zone, it tends to shoot a leg towards the distribution zone.
4. If the price is above the 50 period MA, the plane tends to fly higher
5. Current price is above MA 50.
6. Bullish sign on...
Looks like a solid bounce off of support trendline and typically both the death cross and golden cross act as magnets for price action, so I expect at least a retest of the red moving average if not higher. I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH!
We saw a nice bounce off of the 100 day MA. If we are able to push up through the .618 fib level then I would expect a nice run to the .5 fib level. I would wait to enter until we see a convincing break above the .618 fib level with volume to support the breakout.
I never had this coin but it was very shilled during Q1, it's an interoperable blockchain for vietnam and south east asia. I'm not much into FA but it's a legit project and it came into my mind while I was checking new coins to analyse.
As you can see price bottomed below 0.786 Fib during the Q2-Q3 dumping and you can see the first signs of reversal in those U...
I have to post about this project as people are sleeping on it! Well... WAKE THE F UP!!!!!! This is an interoperable blockchain being developed in Vietnam. It allows for cross-chain communications between public or private blockchains regardless of protocols. KardiaChain can transfer both assets and data cross-chain, without requiring any change on participating...
KAI is looking primed and ready to go. We could see a retracement to 0.055 area before attempting to break resistance. If we are able to break resistance with good volume then I would expect to see 0.50 cents within the next couple of months.
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Price has hit a long term support level, as well as support from the descending channel and Fib level from previous move. RSI is also oversold and forming a descending wedge, so many factors indicate a breakout. Sell volume is also decreasing and the MAs should pull price back towards it.