MattieDsCryptoLounge

MattieDsCryptoLounge

TA Explained ATM bounced from support zone after a pullback of the impulsive move of the first half of February. Now found support and created a series of higher lows. Ready to move upward. Trade setup Best entries: 6.801 - 7.214 TP1: 8.154 TP2: 9.616 TP3: 11.584 SL: 5.5797 RR: 3.81 Max leverage: 1x ————— Do Your Own Research (of course) Trade at own risk...

MattieDsCryptoLounge

TA Explained ALPHA made a big impulsive move after which it retraced, found support but eventually dropped below it to find support lower. The decending trendline is broken and a higher high is created. Next up a higher low. After which it can continue upwards. Trade setup Best entries: 1.43653 - 1.66489 TP1: 2.17054 TP2: 2.79580 TP3: 3.45912 SL: 1.16355 RR:...

MattieDsCryptoLounge Updated 

TA Explained ALGO Completing the W-formation on bigger timeframe with a bullish continuation pattern at lower timeframe. trying to get in on the final dip within the falling wedge Trade setup Best entries: 0.4149 - 0.4303 TP1: 0.4548 TP2: 0.4806 TP3: 0.5107 SL: 0.3945 RR: 3.16 Max leverage: 3 ————— Do Your Own Research (of course) Trade at own risk (of...

MattieDsCryptoLounge

TA Explained ETH looking really bullish atm. let me show you. First of all we have a falling broadening wedge breakout: Second we have an ascending triangle which indicates a trend reversal. A trend which wasnt really a trend of course more like a pullback/correction it seems. And finally we got this Adam&Eve reversal pattern. So all together we got some...

MattieDsCryptoLounge

TA Explained STORJUSDT has been accumulating for quite some time just above a strong support zone as it seems. An impulse away from this zone will aim at the upper boundary of the accumulating zone. After that the previous top and next level of structure will be targeted. SL is at a little over 11%. Max leverage advised would be 2x considering 20% position...

MattieDsCryptoLounge

TA Explained In my previous XLMUSDT long idea I anticipated a pennant breakout. It didnt happen unfortunately. Afterwards it did break the trendline and tested it afterwards. Longing this breakout as it can be considered a continuation pattern. Pretty wide SL from the average entry, so for this setup no leverage advised. Trade setup Best entries: 0.02875 -...

MattieDsCryptoLounge

TA Explained TRXUSDT broke the descending trendline and now ready to make the next move upwards. Setup based on low TF so tight SL and not to high leverage. Trade setup Best entries: 0.02875 - 0.02938 TP1: 0.03044 TP2: 0.03172 TP3: 0.03393 SL: 0.02800 RR: 4.51 Max leverage: 4 ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade...

MattieDsCryptoLounge

TA Explained XRPBTC just broke the descending trendline after bouncing on support area two days ago. From a TA perspective this is looking good for trend continuation. However be aware of the fork on the 12th of December! It might result in a sell off after the the Flare tokens are distributed. Trade setup Best entries: 0.00003060 - 0.00003160 TP1:...

MattieDsCryptoLounge

TA Explained TRB ranges in this horizontal zone for some time now. After the bounce on the support zone and the break of the descending trendline a upward move can be expected. After the break of the TL a pullback into the entry zone would be the best way to enter a position. SL can be pretty tight because the setup will be invalidated if support is lost. ...

MattieDsCryptoLounge

TA Explained XLM developing a bullish pennant. This setup is anticipating on a bullish breakout of it targeting the previous top. Its a risky approach since the pattern didnt break yet. One could also wait for the breakout and act accordingly. Trade setup Best entries: 0.16330 - 0.17330 TP1: 0.19258 TP2: 0.21210 TP3: 0.22522 SL: 0.15144 RR: 3.37 Max leverage:...

MattieDsCryptoLounge

TA Explained BLZUSD seems to have started a bullish cycle after hitting lowest prices in March as you can see in the 3D chart: Currently created (and seemed to have broken) a huge bull flag. Targets could be way higher if you want to follow the next leg up but previous top is already pretty nice. Trade setup Best entries: 0.0687 - 0.0753 TP1: 0.0960 TP2:...

MattieDsCryptoLounge

TA Explained EOSBTC is forming this huge falling wedge. Now that als season seems to be starting, a serious pullback can happen. Bought some EOS in Binance Margin targeting the fib retracement levels. Aiming to sell 1/3rd at each level. ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)

MattieDsCryptoLounge

TA Explained ALGOUSDT broke the trendine today. Trying to get in on a pullback and retest of the trendline. Third target could be even higher if you want to play the full swing. Trade setup Best entries: 0.2590 - 0.2721 TP1: 0.2948 TP2: 0.3164 TP3: 0.3387 SL: 0.2386 RR: 2.72 Max leverage: 2x ————— Do Your Own Research (of course) Trade at own risk (of...

MattieDsCryptoLounge

TA Explained SOLUSDT is creating a Bullish pennant. price pushed upwards and activated this setup on the pullback. Targeting the top line of the pennant and two targets if it breaks up. Trade setup Best entries: 2.024200 - 2.146200 TP1: 2.303800 TP2: 2.507400 TP3: 2.993400 SL: 1.981500 RR: 4.69 Max leverage: 2x ————— Do Your Own Research (of course) Trade...

MattieDsCryptoLounge

TA Explained XTZ formed a bull flag on the 4H TF. Tries to break it out upwards. Additionally it tries to break out a falling wedge as can be seen on the daily TF: SL just below the bull flag bottom at 7% from average entry. So advised to use not more than 3x leverage for this setup. Trade setup Best entries: 2.045000 - 2.124500 TP1: 2.222900 TP2:...

MattieDsCryptoLounge

TA Explained SRM creating a broadening wedge. Created the signal earlier today already. Dipped a little bit, but bounced again at the TL. Third target at the top of the broadening wedge Trade setup Best entries: 0.00006165 - 0.00006555 TP1: 0.00007194 TP2: 0.00007806 TP3: 0.00008803 SL: 0.00005730 RR: 3.88 Max leverage: none ————— Do Your Own Research (of...

MattieDsCryptoLounge

TA Explained AVA bounced at the bottom of the falling wedge after a first big impulse from the bottom(?). SL just below bottom line of the wedge. Trade setup Best entries: 0.00003680 - 0.00003930 TP1: 0.00004640 TP2: 0.00005230 TP3: 0.00006230 SL: 0.00003300 RR: 4.75 Max leverage: none ————— Do Your Own Research (of course) Trade at own risk (of course) Only...

MattieDsCryptoLounge

TA Explained TOMO broke the trendline and retested it. Bouncing from trendline will start the next leg upwards. Trade setup Best entries: 0.00003640 - 0.00003640 TP1: 0.00004261 TP2: 0.00004646 TP3: 0.00005081 SL: 0.00003294 RR: 2.72 Max leverage: none ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose...