The_Crypto_Samurai

My minimalist Analysis for CARDONA

Long
KRAKEN:ADAUSD   Cardano
$ADA
On a Weekly Chart

LONG POSITION -MOMENTUM STRATEGY - SWING
13.11..22
2307H +8 SINGAPORE

Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.

My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.

ALERT:
Forecast Entries for a BULL SWING.
Based on VITAL SIGNS ( RSI , STOCH , VOL., MA VOL.) RSI is RIPE
Bitcoin is also holding strong support at the 15k and has still room to push further down. This can still bring down all cryptos but some of our entries have been met and we still have the extreme levels to consider. I suggest partial entries for each or additional entries, depending on your risk appetite.


INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)

"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.

TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)


NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume , Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology .

Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.

Vive Le Autist!
Comment:
$ADA on a DAILY Chart: breaks through all short-term entries and now on our long-term first entry. Watch out for the extreme entries
Comment:
On a 4HR Chart : From our 1st short-term entry we can expect exits at yellow outlined alert levels
Trade active:
On a DAILY Chart: NEW SHORT-TERM ENTRIES for this WEEK.

Cardona is bullish and will reach the 2nd and 3rd yellow outline exit. It needs to retrace to a Fib level 0.382 or 0.618 marked in orange outlined labels.
Disclaimer

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