$BTC
On a Weekly Chart
03.01..22
0145H +8 SINGAPORE
A month has passed and war has started in Ukraine, We will expect a pullback then a reverse since Bitcoin is considered a safe and secure store of value as seen during the first onset of the pandemic.
I have not experienced wartime trading let us be cautious in our trades. Praying for Unity and Peace to all Nations.
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.
ALERT:
Entries on the 30k zone
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy.
1. RSI 41: still midway down
2. STOCHS 24/28: on the LOW
3. Volume has a lot of supply for BUYERS to TAKE. Slightly on a downtrend.
4. Downtrend had a Bearish Retracement of FIB 0.382, and we are looking at the next support level at the 30k zone.
5. Capitulation: 30k zone as the Key Support and also a FIB 0.618 Retracement
6. We can expect it to push further down to the 20-25k zone if it breaks the 30k zone.
7. We can expect 120-140% gains on the Second Partial Exit - Area of Value.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
Looking back since the beginning of the year,
the Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
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 where the MARKET will take you.
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.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
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!
Vive Le Diamond Hands!
On a Weekly Chart
03.01..22
0145H +8 SINGAPORE
A month has passed and war has started in Ukraine, We will expect a pullback then a reverse since Bitcoin is considered a safe and secure store of value as seen during the first onset of the pandemic.
I have not experienced wartime trading let us be cautious in our trades. Praying for Unity and Peace to all Nations.
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.
ALERT:
Entries on the 30k zone
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy.
1. RSI 41: still midway down
2. STOCHS 24/28: on the LOW
3. Volume has a lot of supply for BUYERS to TAKE. Slightly on a downtrend.
4. Downtrend had a Bearish Retracement of FIB 0.382, and we are looking at the next support level at the 30k zone.
5. Capitulation: 30k zone as the Key Support and also a FIB 0.618 Retracement
6. We can expect it to push further down to the 20-25k zone if it breaks the 30k zone.
7. We can expect 120-140% gains on the Second Partial Exit - Area of Value.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
Looking back since the beginning of the year,
the Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
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 where the MARKET will take you.
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.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
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!
Vive Le Diamond Hands!
Comment:
On a Daily Chart :
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AFTER 3 Days on a Weekly Chart,
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On a 4HR Chart, a week after
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