KongTrading

KongTrading

Hello Lads and Ladies, Today we are looking into LSKBTC which is mentioned almost daily in the frequent discussions. Starting mid February and ending in the begging of April LSKBTC has been in a very strong downtrend. From such a heavy downtrend it is normal that cryptos tend to make a move sideways with a slight increase and not make any big moves too fast. As...

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Hello Lads and Ladies, Today we are looking back into EOSBTC after the end of the really mesmerising ICO and the 20% it made within a few hours. Some fundamentals about EOSBTC first, we have been moving in an upward tilted channel for quite some time now. The fibs line are respected when finding the top of the push and also when retracing, that makes our lives...

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Hello Lads and Ladies, Today we are looking back into ADABTC one of my favourite coins to trade since almost 2 months now. It keeps the resistance and support lines very straight and respects them a lot. The price movement is also easy to predict if you are looking into this coin for a little while now. Previously we see ADABTC having a lot of price movement in...

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This is just a short update on TRX that I recognised. Since everyone is talking about TRX and 1000 sats and after it has bounced back from the 749 and still didn't have a push after the main net launch, This might be the possibility. after such a huge bounce, retracing a little and then continuing. Definitely having the first sell order at 950sats. Cheers, Tomas

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Hello Lads and Ladies, Today we are looking into ETHUSD. As we see on 4h Chart it has formed almost a perfect cup and handle formation. Right now it seems like it is ending the handle and testing the resistance of the handle, yet RSI is at almost 70 points, indicating it being heavily oversold soon. Therefore I believe it will retrace once more to 550 - 500$ and...

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Hello Lads and Ladies, Today we are looking into WINGSBTC. As we look at the chart it has been in a downtrend since the begging of the year. Although, it had multiple daily breakouts of +50%, it has come to the end of the downtrend and is testing its support and downtrend resistance line. Should it not break the downtrend resistance, then it will fall down to the...

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Hello lads and Ladies, Today we are looking into Litecoin. We see very clearly an end of the long downward trend forming a very nice triangle. This would normally indicate a very soon breakout. RSI its also on a healthy rise upwards. ANYHOW, there is a possibility that we will see a short term break down from the recent support line. We have seen this already a...

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Hello Lads and Ladies, Today we are looking into TRX. Tron again. As we saw after the successful Mainnet launch the price was going steadily down. Therefore, we are getting down to the suggested buy zone from a week ago. Looking at RSI we are getting close to the 20 points line, which has not been crossed since more than a month. Taking this into consideration...

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Hello Lads and Ladies, I was looking into BTC -0.22% USD quite a bit right now. Since the yearly low and it's bounce back we are in channel between 5900$ and 12000$. In this channel the fibs lines are almost a law how much they are respected. As well as the over all uptrend line, which many people would set a little higher I see no real confirmation to do so....

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Hello Lads and Ladies, Today looking into ETH we see some quite nice possibilities. Right now forming a cup, ETH might repeat itself for the third time and make HUGE pump, even with a possibility to a new ATH in BTC value. Everytime ETH makes this formation, it get very bullish and pumps at its peak with 100%. At this moment we have to see if ETH will test and...

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Hello Lads and Ladies, Monero is since the beginning of the year in a channel between 0.024 and 0.030750. Looking back we see that as soon as XMR breaks the 0.024 support it bounces back up to 0.031 after a short move sideways pretty soon. As we are looking at the chart right now, XMR has just hit the crucial support line and either makes now the sideway move, or...

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Hello Lads and Ladies, Looking at ONT we just saw a breakout from the descending triangle. The pattern that ONT has is very clear - 3 increasing spikes followed by 3 decreasing spikes. A few moments ago the descending triangle was completed and directly followed by a short breakout. Now we are entering the trend reversal phase in a elliptical move upwards. The...

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Hello Lads and Ladies, The Status of the Status Network Token is right now: Good Morning Looking back at the dark downtrend since the begging of the year, we see light at the end of this trend and can proudly announce that SNT is about to wake up and make some beautiful moves. It has respected the fibs lines and is heading towards the support line at 932 sats....

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Hello Lads and Ladies, VRC respects its pattern very much on a big scale and only on the big scale you are able to se the HUGE 10x pumps. So if you apply the same pattern and look at the increasing resistance of the pumps, the next pump is going to happen quite soon and will be heading towards 0.00045000 at its peak. The BUY ZONE lies between 0.00004000 and...

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Hello Lads and Ladies, EOS seems to be a quite interesting and complicated child. As we see the chart right now we have two major possibilities. The first one (green lines) is a soon following breakout after a big tilted Cup and Handle formation (CnH), respected by the downtrend and also taking the fibonacci retracement of 61.8% in consideration, where the...

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Hello Lads and Ladies, ICX has been in a pretty long down trend, here I see it coming to an end and forming a tilted cup and handle formation. The breakout here would be around 4500 and the first target is at 6000 where it might touch 7000 come back to 600 and then push towards the 8500 line. ANYHOW if it breaks the support line, the next big stop would be at...

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Hello Lads and Ladies, DGB follows right now it's natural pattern. From a bigger scale upwards movement it respects the fib retracement and resistance lines. Therefore, I see it coming down at least to the 50% which would be 386 stats and it haas high possibility to hit the 61.8% line at 355 stats. Right now if you are in, I would sell of a chunk at the next...

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What's up Lads and Ladies! Here once again we can see a pretty nice cup and handle formation. Neckline is around 830 pretty well respected and will be the first big target when it breaks out at around 535. The next bigger still possible point will be at 1050. Since there are news about a potential new exchange listing this handle breakout is getting more and more...