Kuji bounced right off my downside target I have had marked for weeks. This bounce was your opportunity if you believe this token has a future. If this is a dead cat the token is likely going to zero. I will not be partaking, but congrats to those who shorted this!
Kuji has had one of the weakest bounces in the market, if you were buying the dip on this falling knife the bounce should have happened this weekend. My downside target remains of 1.6$. If that area does not hold I think the token is dead to be honest. I am very glad I did not get pulled into the hype, I love the cosmos ecosystem, but this token is a wealth destroyer.
Kuji is still VERY bearish here, the hype is real but I could see this falling apart all the way back to 1.6$. A downside strong break of the OBV is very very bearish. Buying into this falling knife on little support is not worth it in my opinion. There is no support on the way down to 1.6$.
📊 Analysis:
Support Level: KUJI has reached its next support level, indicating a potential long trade opportunity.
Trade Percentage: Utilize a reasonable percentage of your capital for this trade.
Buy Zone: Plan to ladder into a spot long trade between $3.90 - $4.10.
Take Profit: Consider taking profits at the next areas of resistance around $4.55 - $4.80 or...
📊 Analysis:
Support Test: KUJI tests the $4.1 top of the range level, holding over the last two days.
📉 Trade Strategy:
Spot Long Trade: Entering a spot long trade at the support level of $4.00 - $4.15.
Upside Targets: Aiming for the next resistance levels at around $4.50 - $4.65 or $5.25 - $5.50.
Stop Loss: Positioned just below at $3.80.
🌐 Note: Monitor KUJI's...
Good luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
Easy long setup chart here, has lots of potential room to run.
1st target is old all time high at $5.58
2nd target is between $6.6 and $8.3
3rd target... let it run!
📈 Price Movement:
Current Level: KUJI is at $4, hovering on support.
💼 Trading Plan:
Entry: Enter at $4.00.
Take Profit Levels: Target the range between $5.00 - $5.20.
Stop Loss: Set just below $3.98 for risk management.
🔄🔍 Note: Exercise caution and monitor the price action for potential adjustments to the trading plan.
🚀💡 #KUJI #CryptoTrading #PriceAnalysis 📊📌
KUJI consolidates around $3.42, finding support in the $3.35-$3.50 zone. A decisive break above $3.50 could signal a breakout opportunity, with potential profit targets at key resistance levels: $4.00-$4.25 and even $5.00-$5.25. To manage risk, a stop loss below $3.00 is recommended.
#KUJI #CryptoTrading #TechnicalAnalysis #SupportResistance #Breakout #ProfitTargets
📊 Current Market Status:
KUJI at $2.70 - $3.00 area of support.
📈 Chart Analysis:
Identified support zone.
🔄 Longing Strategy:
30% Allocation: Spot long position with 30% of intended funds in the $2.70 - $3.00 support area.
30% at Breakout: Allocate another 30% once the price breaks through the resistance line.
Remaining 40% on Retest: Deploy the remaining 40%...
with the hype surrounding the Cosmo ecosystem, Kuji got my attention.
Celestial modular blockchain token LSE:TIA is breaking all ceiling but no need crying over that if you didn't get the drop like some of us or got in early..
Get on Kujira. Buy and stake via Leap wallet .
Price on the daily is printing this bullish flag ..so you might a well spot it if you aint...
I will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins.
Here is the next project in my long term buy list: KUJIRA I will be adding more KUJI on the dips to my buy zones shown on the chart.
Kujira, represented by its native token KUJI, is an innovative project within the Cosmos ecosystem. It aims to bring fresh solutions and...
KUJI/USDT exhibited a robust 'round bottom' recovery pattern, with the price having decisively breached the pattern's neckline, thereby confirming the bullish sentiment inherent in the setup.
We have delineated the optimal buyback zone as well as the ultimate target for the setup. Additionally, we have accentuated the significance of the neckline, which serves...
KAS has been pulling several 4.618 fib extensions this year, so as KUJI is just getting going on it's first major breakout and retracement (it bounced off 0.5 nicely), it seems quite possible for it to also extend up to it's 4.618 extension.
I've put in a speculative ascending triangle, but it could just blast up past it's prior all time high.
Chart Pattern: Bull Flag
Kujira is a decentralized exchange (DEX) that allows users to swap assets without incurring high fees. The platform has become increasingly popular in recent months, as it offers some advantages over other DEXes. Such as lower slippage and faster transaction times. This increased adoption has led to a higher demand for KUJI tokens, which...
