Technical analysis by CryptoAnalystSignal about Symbol KDA: Buy recommendation (18 hour ago)

#KDA The price is moving in a head and shoulders pattern on the 1-hour frame and is expected to break and continue higher. We have a trend to stabilize above the 100 moving average once again. We have a bearish trend on the RSI indicator, supporting the upward move with a break above it. We have a support area at the lower boundary of the head and shoulders at 0.4545, acting as strong support from which the price can rebound. We have a major support area in green that pushed the price higher at 0.4490. Entry price: 0.4747 First target: 0.4910 Second target: 0.5053 Third target: 0.5247 To manage risk, don't forget stop loss and capital management. When you reach the first target, save some profits and then change your stop order to an entry order. For inquiries, please comment. Thank you.