Technical analysis by AltcoinPiooners about Symbol KDA: Buy recommendation (4/17/2025)

KDAUSDT **Analysis:**This is a 1-hour chart of the KDA/USDT pair on the Binance platform, published by AltcoinPioneers on TradingView. The chart shows an initial downward trend, followed by a reversal and price recovery. Key points:1. **Ichimoku Cloud:** The price initially drops below the Ichimoku Cloud (shaded area), indicating a bearish trend. Later, the price moves above the cloud, suggesting a bullish reversal.2. **Trading Signals:** - A "SHORT" signal was generated at the 0.3942 level with a winn of +5.15%. - A "LONG" signal was generated afterward at the 0.3983 level, with a profit of 0.0% at the time of the chart.3. **Trading Statistics:** According to the data, AltcoinPioneers has a win rate of 95.53% with 214 trades, generating a total profit of 174.46%.4. **Price Levels:** The price moves from a low of around 0.3720 to a recovery near 0.4000, showing a tendency to test resistance around 0.4050.**Conclusion:** The chart indicates a shift from a bearish to a bullish trend, with the price breaking above the Ichimoku Cloud. The trading signals and high profitability stats suggest a reliable strategy by AltcoinPioneers, but traders should monitor the resistance at 0.4050 for further trend confirmation.