The_Crypto_Samurai

$DOT : POLKADOT Road Map

Long
KRAKEN:DOTUSD   Polkadot
$DOT
On a Weekly Chart

LONG POSITION -MOMENTUM STRATEGY - SWING
11.30.22
0913H +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.

Smart money wants a REBOOT of 2018 and all is possible for the forecasted entries based on numbers and the character of the market Let us see how price action reacts on a DAILY chart .
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.

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:
On a DAILY CHART : Added short term Entries. The market is headed towards the 6USD zone when it enters where the market has GAPPED
Comment:
On a 4HR Chart: APOLOGIES CORRECTION ON THE MARKET GAP

The market has retraced to FIB 0.382 and will proceed to the next resistance level, 1st blue label alert. It may have a hard time on the 2nd blue label. You can Partially exit.
Trade closed: target reached:
CONGRATULATIONS: APROX. 14% GAINS from our 1ST Short-Term Entry. You may wish to Partially Exit depending on your strategy.

On a 4HR Chart: The market may still reach the exit alert price label (yellow) and is bound for a retracement at the possible re-entry alert label (orange) if it does reverse on yellow. This is not final as we can still expect a full 100-130% retracement.

FOR SHORT TERM TRADING ONLY.
Comment:
UPDATED ALERT LEVELS
Comment:
On a 3DAY Chart: Broken all the Fib retracement up to 5.0552. Our 1st Short-term entry is a strong support where historically is where buyers come in. Let us watch closely on an hourly chart and check other confluences if it will bounce.

RSI and Stochastics are at the bottom, most likely it will be a bounce. Resistance levels will be in blue labels and only if we break 7.4 level and make a lower high after retracement, can be called bullish.

Currently, we are inside a zone of ENTRY- AREA OF VALUE when using the Bento Boxes. SO Just Stack Up.
Comment:
On an HOURLY Chart: At least 5% gains after retracement to a Fib Level. 386 and or 0.618. It will easily fill in the MARKET GAP.
Comment:
On an HOURLY CHART: lets see it break resistance
Comment:
PROBABLE EXIT LEVELS FOR SHORT TERM with approximate 5% gains
Comment:
On an HOURLY Chart: And it hit our probable exit 1 and 2, will still go up 3rd or 4th. You may wish to partial exit from our bottom entry. Let us see further price action in a couple of hours.
Comment:
Note: this will continue to the next resistance at the blue label 5.4548 zone of alert
Comment:
On a 4DAY Chart: Dot has broken through the bottom of our Blue Major Box and we may see strong SUPPORT at the top of our Yellow Minor Box. Targets are still met for Short term entries.
Disclaimer

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