KongTrading

KongTrading

WAVES/USDT 4H WAVES has been showing tremendous strength lately on lower timeframes. It has been moving with a consistent higher low and especially holding the major key-area of support, which is vital for the continuation of WAVES. Currently, it is approaching a key-area of resistance, which can be seen as a range high. The MKAST Algorithm provides support...

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$CTSI has been moving quite a lot lately and has been making strong moves in the market. It started with a simple higher timeframe falling wedge, which we once mentioned a few weeks ago. It started breaking out and moving to the upside quickly. It is most important to state that this move led the market and not just caused by the upwards moving market. This...

KongTrading

GNT/USDT Golem has been suffering from market conditions lately as well. It has been moving slowly and is currently breaking down into the key-area of support, the “last hope” for GNT. Should this support break and not hold the price stable or even show a minor reaction, there might be many more downsides for GNT. Looking at technical indicators, the MKAST...

KongTrading

As shown in the chart above, we are seeing DAG/BTC in a parabolic increase since July 15th of the current year. A parabolic increase is a great way to make money, yet a very risky play, if the signs of a possible break are disregarded. 

We ask a series of questions to determine the technical status of DAG/BTC
 Is this parabolic increase about to break?

 No,...

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Welcome back boys and girls, Today, we will be taking a quick look at SPX and how I expect it to behave over the next weeks/months. As you can clearly see, we do have a slow rising wedge, which was recently re-confirmed again after the most recent decline. A rising wedge is a very simple and clear structure, we want to see bearish signs within it, to be sure...

KongTrading

Ladies and Gentlemen, Welcome back to TJ's Trade Corner, today we will be taking a look at the... ...Crypto Weather Forecast Today it will be less of a weather update, but much more a weather forecast. The hot and sunny days are here and we are on the verge of entering a very sunny and hot summer. The climate change is real in the crypto market and we can...

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Ladies and Gentlemen, Welcome back to TJ's Trade Corner! Today we will be taking a look at $THETA, one of the mostly shilled and anticipated trading pairs out there with a really string set up as we will see here soon. Lets begin with the market structure. We had a really insane pump in the beginning of March yet starte retracing from there almost immediately....

KongTrading

Ladies and Gentlemen, Welcome back to TJ's Trade Corner!! Today we will be taking a look at $LTC. Since many people started talking about Litecoin lately and the founder of it is a certified time-traveler, I could not hold myself and NOT take a technical standpoint on the whole hype and conspiracy about Litecoin. First of all, we start with the market...

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Ladies and Gentlemen, Welcome back to TJs' Trade Corner!! Today we will be taking a look at the very interesting chart of $XVG. As many of you know, I hae an interesting history with $XVG. I have always been amazed how $XVG pumps and pumps out of nowhere and how amazing it is just to ride its waves. We will even focus only on the last few months, not the...

KongTrading

Ladies and Gentlemen, Welcome back to TJs' Trade Corner!! Today, we will be taking a look at $ADA. One of my long time favorites as many know. It is always amazing to see how technical and predictable $ADA is. Now, lets get started and not waste any more time. First thing as always, what is our market structure? What can we see? What happened? As you see on...

KongTrading

Welcome back to TJ's Trade Corner, today we will take a HTF chart of Bitcoin. There are many similarities between the last bear market and this one. Yet, most people like to see on the bullishness, over-leveraged positions might get into some problems. We have the 50 Week MA, the 50 Week EMA and the 100 Week EMA. Right now, the 50 MA and EMA are the current...

KongTrading

Lads and Ladies, Welcome back to TJs' Trade Corner, today we will be taking a look at HOT/BTC after it got some nice attention online, let's see what is actually behind the hype of your favorite shillers. There are multiple points that I want to cover and we will start with market structure. Clearly, as many have seen it, we have a falling wedge. This falling...

KongTrading

Hello Lads and ladies, welcome back to TJs' Trade Corner!!! Today we will be focusing on one of my favorite coin to trade. NEO is a huge sleeper since months and it is about to end its bottoming process. Let's see what speaks for it and what against it. First we take a look at the structure and we see that NEO has been going and trending down for a very long...

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Hello Lads and Ladies, Welcome back to TJ's Trade Corner! Today, we will take a deeper look at XRP and what it might have in store for us. Lets jump right into and look at the structure that we are seing right now. We are clerly seeing a rising support or what you would call a series of higher lows. This is indicating us already an important part of an uptrend....

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Hello Lads and Ladies, Welcome back to a TJ TA Session. Lets take a look at XBT for today's update. We saw yesterday a nice rejection at the upper bands, breaking the little uptrend that we have had. This rejection went exactly into our expected 3.6k region. Nevertheless, we closed on the trend as if nothing would have happened. This lets me to believe that we...

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Hello Lads and Ladies, Welcome back to TJ's TA Session. We are taking a look at the TRXH19 pair on BitMEx today. We are looking at the 4 hourly timeframe and taking a look at the candle chart first. Looking at this one we can see two clear supportive uptrends. The first one is at the closes of TRX, the second one is at the wicks of it. These two trends...

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Hello Lads and Ladies, Welcome back to TJ's TA sessions.- The Daily BTC Update #24 What happened in the last 24h? In the last 24h we saw quite some movement in the market as described yesterday. We are surely seeing the scenario of confirming support as resistance but Ripple just shook the whole market and woke people up. Normally this would be a bigger...

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Hello Lads and Ladies, Welcome back to TJ's TA sessions.- The Daily BTC Update #23 What happened in the last 24h? In the last 24 hours we saw quite some movement. Especially after the last few days being very bearish, we saw and see still more downwards movement and expect it to continue. Nevertheless, we saw on altcoins and btc a mini bounce from its daily...