MattieDsCryptoLounge

MattieDsCryptoLounge

TA Explained DIA seemed to have found support here after bounce three times already. This setup is meant to catch the next bounce of support. SL just below support zone to get out if support is lost. Trade setup Best entries: 0.00006420 - 0.00006620 TP1: 0.00007410 TP2: 0.00008020 TP3: 0.00008580 SL: 0.00006050 RR: 4.27 Max leverage: none ————— Do Your Own...

MattieDsCryptoLounge

TA Explained LRCUSDT clearly forming a parallel channel here. After the bounce at the bottom line of the channel a test of the upper line can be expected. If it breaks next targets are previous considerable price levels. Stop loss below channel. Trade setup Best entries: 0.172120 - 0.177350 TP1: 0.187380 TP2: 0.199340 TP3: 0.212670 SL: 0.163700 RR: 3.47 Max...

MattieDsCryptoLounge

TA Explained DNTBTC is trading at support level. Trying to catch a/the bounce here. If support is lost position is closed. Targeting next level of structure. Trade setup Best entries: 0.00000279 - 0.00000291 TP1: 0.00000321 TP2: 0.00000334 TP3: 0.00000356 SL: 0.00000265 RR: 3.55 Max leverage: none ————— Do Your Own Research (of course) Trade at own risk (of...

MattieDsCryptoLounge

TA Explained FYIIBTC is crawling upwards getting ready for a breakout with high potential Third target is really a long shot, lets see how far we will get. Trade setup Best entries: 0.11200 - 0.11980 TP1: 0.14216 TP2: 0.16558 TP3: 0.21726 SL: 0.10005 RR: 7.14 Max leverage: none ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade...

MattieDsCryptoLounge

TA Explained FIL is getting to the end this descending triangle. Im expecting strength for ALT coins to come so a bullish move for FIL. If it drops below the bottom of the triangle I want to be out. Published a bit late since it already moved but might give another possibility for a nice entry on a pullback. Trade setup Best entries: 28.000 - 28.850 TP1:...

MattieDsCryptoLounge

TA Explained KAVABTC bounced on the bottom of the parallel channel which is clearly formed as can be seen at the 4H TF. Expecting the bounce to continue at least to the mid line of the channel. SL below previous low. KAVA can be traded in margin in Binance for this setup max 3x leverage is advised to risk no more than 20% of the position. Trade setup Best...

MattieDsCryptoLounge

TA Explained RSR seems to be creating a W-formation. Currently trading just below the to be neckline. Targeting the previous top, and two other relevant structure levels. SL is below previous daily low at 14% from average entry. Published the signal in PredictionCoins while price was in the entry zone but it bounce off already. Might revisit the zone again of...

MattieDsCryptoLounge

TA Explained BAND is looking very bullish after this huge retracement. Not only against BTC but also against USDT. Trade setup Best entries: 0.00030803 - 0.00035615 TP1: 0.00047697 TP2: 0.00056591 TP3: 0.00072567 SL: 0.00023530 RR: 4.19 Max leverage: none ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to...

MattieDsCryptoLounge

TA Explained On the monthly time frame a big impulse can be identified for NEO. Top has been reached, currently in retracement. Fib is drawn on the monthly time frame. On the daily time frame can be seen that the 0.618 fib level aligns with the red daily candle which indicates a strong zone, currently acting as potential support. Zooming in to the 4H time...

MattieDsCryptoLounge

TA Explained DASHUSDT seems to have completed the pullback and bounced on support zone. 4H is in upward trend currently. Trying to break local resistance. Once broken price can be expected to test upper boundary of the descending parallel channel. Upper boundary aligns with previous swing top. Trade setup Best entries: 85.34 - 88.60 TP1: 93.32 TP2: 98.44 TP3:...

MattieDsCryptoLounge

TA Explained XTZUSDT broke long lasting resistance zone beginning of last month. Retracement is completed to just a little bit deeper than the golden pocket as can be seen on the 3D chart. This retracement confirmed broken resistance zone to be support now. On lower timeframes we can see a downward channel which is broken and retested. Higher low is created....

MattieDsCryptoLounge

TA Explained XLM broke resistance level in July and retraced back to it to confirm broken resistance as support as can be seen at the 3D chart Price is engulfing the previous daily candle and tries to break the mid line resistance of this channel. Once successfully broken, price will try to test the upper line of channel. 4H chart is showing an uptrend...

MattieDsCryptoLounge Updated 

TA Explained ZRXUSDT finished the pullback of the great impulse of last week. Price pulled back and spike into previous resistance area. Moved up and consolidated at level which is now considered local support. This area aligns with the 0.618 fib level. Now the price is looking for an upwards move again. And it looks very strong. Why? Have a look at...

MattieDsCryptoLounge Updated 

TA Explained First thing I'd like to show is the 3D chart of XMRUSDT (not the perpetual pair). Look what level price is testing currently. If this breaks the targets are really realistic. On the 4H chart a clear double bottom was created after which the price moved up. It broke low TF resistance zone and is testing previous highs again. Another failed attempt...

MattieDsCryptoLounge Updated 

TA Explained On the 3D chart a clear break of the resistance zone can be seen. Also price made a healthy correction. On the 4H chart a clear double bottom is found and price broke previous resistance zone. Targeting previous top and extended fib levels. SL is set at the previous bottom on the 4H time frame. If price drops below this level the TA is...

MattieDsCryptoLounge

TA Explained DASH broke bullish against BTC! As can be seen in the chart it broke out of two parallel channels. The first is a local channel which was broken and retested successfully as can be seen on the 12H chart. The second channel goes back to January of this year where is was formed as the flag of the first big impulse of this year. Actually that one on...

MattieDsCryptoLounge Updated 

TA Explained ATOM broke the downwards trendline and is now trading around previous support/current resistance level. The break of the trendline should trigger a break of the resistance area to reach the targets. Trade setup Best entries: 3.680 - 3.820 TP1: 4.260 TP2: 4.449 TP3: 4.804 SL: 3.533 RR: 4.86 Max leverage: 3x ————— Do Your Own Research (of...

MattieDsCryptoLounge Updated 

TA Explained IOTA is trying to break this trendline after creating a continuation pattern on the 1H TF. Also visited previous resistance levels to turn it into support. Looks ready to go up. Trade setup Best entries: 0.02689 - 0.02765 TP1: 0.2850 TP2: 0.2944 TP3: 0.3069 SL: 0.02608 RR: 2.87 Max leverage: 3x ————— Do Your Own Research (of course) Trade at own...