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Technical analysis by TradeYourLogic about Symbol KDA: Buy recommendation (8/17/2022)

https://sahmeto.com/message/2707415
TradeYourLogic
TradeYourLogic
Rank: 4943
1.6

KDA/USDT Cup&Handle?

:Buy
Price at Publish Time:
$1.97
Buy،Technical،TradeYourLogic

Can we reverse in price here and form a Cup and Handle pattern here eventually ending up at 2.7$ rate? I am not 100% sure yet but as I mentioned before I do really believe in KDA long term and I am DCAing my entry. Once we expand our ECO system and DEFI TVL, price will drastically ascend, definitely worth of keeping it a long termUnfortunately, we broke our resistance, let's check whether we can hold 1.4$ level I am DCAing and holding it long termCan we form an inverse H&S pattern on 1D timeframe?

Source Message: TradingView
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