Technical analysis by terayu about Symbol KDA: Buy recommendation (11/29/2024)

There are more than few possible bullish sign that really makes me consider Long-term position entry on KDAUSDT either Futures and Spot. So these are the signs I noticed : 1. Double Bottom 2. Bullish Flag 3. Breaking a minor Resistance but most close a candle above it 4. About to check Bull flag resistance 3rd time which is a very possible sign to go up even higher. But there are few things I want to see before enter Futures position. 1. Coming down and check 1 area which used to be a minor resistance 2. Closing a candle above 2 will be confirmation of breaking Double bottom and Bull flag pattern. I will be taking profits at those marked green lines. If it ever breaks 4.5 area I will post another Take profit interest points.