MattieDsCryptoLounge

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TA Explained NOTE: price already moved, I was about to publish this chart when my laptop crashed... NEOUSDT broke long lasting horizontal resistance area and diagonal resistance trendline end of last month. Currently forming an ascending triangle. Price keeps bouncing on the upward trendline. Expecting a retest of previous high and a possible breakout. SL...

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TA Explained ONTUSDT is moving in very clean upward trend as can be seen on the 3D timeframe. The correction after the latest impulse came down to the previous resistance area turning it into support. On lower timeframes we can see price created a higher low which hints on reversal. That is why the long can be taken from here. The setup will be invalidated if...

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TA Explained ADAUSDT broke the trendline on the 1H chart right above support zone. Targetting the previous top and a little higher. Trade setup Best entries: 0.13824 - 0.14127 TP1: 0.14864 TP2: 0.15442 TP3: 0.16005 SL: 0.13233 RR: 2.76 Max leverage: 3x ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose...

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TA Explained Anticipating a break of this resistance area for EOSUSDT as can be seen on the daily chart. Targetting next resistance areas. SL is tight in case price will revisit the trendline once again before breaking through this zone. Trade setup Best entries: 3.020 - 3.130 TP1: 3.301 TP2: 3.451 TP3: 3.804 SL: 2.921 RR: 4.73 Max leverage: 3x ————— Do...

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TA Explained I took a margin long position here on ZECBTC anticipating a break-out of this resistance area. Price is moving within a bullish parallel channel and testing previous resistance zone. A break of this zone could trigger a move to the next resistance area between 0.008369 - 9000. Trade setup Best entries: ... TP1: 0.008639 TP2: 0.011489 SL:...

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TA Explained DASHUSDT is trading within the range between these resistance and support areas. Currently clearly rejected in the resistance area as can be seen on the 4H chart. Expecting the price to move towards the support area. Placing the targets close by to make sure we get some profits with this move down. 12H chart Trade setup Best entries: 76.12 -...

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TA Explained This is a long shot. But if it plays out its a masterpiece! Check this out. THETAUSDT has shown a very big rise in price since “The March Dump”. Its revival reached new highs, higher price levels than before the drop. Moreover after the recent top price retraced to turn previous high in support, as can be seen on the weekly timeframe Zooming in...

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TA Explained ZRX broke the trendline on the 12H timeframe. After the break a retest of the line resulted in a bounce and futher upwards movement can be expected. Pullback of the last impulse, the bounce, seems to be completed. Targets align with previous high and extended fib levels. SL is below important fib levels on multiple timeframes. Trade setup Best...

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TA Explained In the daily timeframe you can see BATUSDT finished the pullback (which we successfully shorted, see related idea) in the golden pocket taking the fib on a 3D timeframe. Price bounced and is moving upwards. Targetting top of the channel, with inbetween targets a previous top and previous top wick. SL below previous low, mid line of the channel and...

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TA Explained OMGUSDT developed a huge bull flag on the daily timeframe. The structure is similar to OMGBTC situation which strengthens this OMGUSDT setup. On the 4H TF we can see price broke out of a falling wedge, broke previous support and is creating a bull flag at the same time. Once it will break the trendline, price cant be stopped. Below current price we...

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TA explained RVN broke out of a smaller falling wedge at the end of a big falling wedge which exists for a long time already. This had a fake out it must be said but because of the smaller wedge being broken I feel confident for this setup. After the breakout it successfully retested the broken trendline and is now ready to move up. RVN is know for its steep...

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TA explained BNBBTC is breaking out of a falling wedge at an area above previous lows which is very bullish. Targets are previous highs and resistance zones. Also BNBUSDT is looking strong and outperforming BTC is therefore very likely. This setup can be traded in margin as well up to 5x leverage. Trade setup Best entries: 0.0017000 - 0.0017250 TP1:...

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TA Explained ONTUSDT moved down and created a double top. The retracement after the impulse to the downside is completed, price clearly got rejected at 0.5 fib level drawn on the 4H timeframe. Targetting previous support zone as first target, breaking it down will result in a move to lower support zones. SL place above previous top and 0.618 fib level of the...

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TA Explained BATUSDT had a great impulse last week. It pushed out of the channel but came back into it. We can see a Head and Shoulders pattern now which broke down. The pullback of the last downward move can be a pullback before further downside movement. Taking the price range from the head to the neckline and moving that from the neckline down the target...

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TA Explained ZIL had a huge price surge in the past months. At the previous top a HnS pattern can be found. Price broke down the neckline and retested it. This retest shows a pennant which is broken and retested as well. More downside movement can be expected. Trade setup Best entries: 0.01932 - 0.01919 TP1: 0.01762 TP2: 0.01663 TP3: 0.01535 SL: 0.02054 RR:...

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TA Explained IOSTUSDT is trading inside a parallel channel that is respectedfor quite a long time already. It is also one of the pairs that seems to be living its own life and not completely being correlated with every move of BTC. Furthermore IOSTBTC is respecting a similar channel as well: Price just bounced on the bottom of the channel and seems to be ready...

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TA Explained BCHUSDT is building a huge ascending triangle pattern. Price just bounced on the bottom line showed support again and a bounce happened. There is a horizontal resistance area which is tested multiple times so far. Another attempt to break it would reach our first target. If it gets broken we can expect a big price rise towards the other targets. SL...

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TA explained NEOBTC just finished a pullback after an impulse. Pullback came down to the previous resistance zone which is now turned and confirmed as support. On both the Daily as well as the 4H TF you can see a nice touch of support area and a bounce. This support area aligns with the 0.618 fib level which is an very important level. 4H TF bounce on support: ...