The_Crypto_Samurai

MY MINIMALIST CHART ANALYSIS FOR TOTAL3

CRYPTOCAP:TOTAL3   Crypto Total Market Cap Excluding BTC and ETH, $
TOTAL3:BTC, ETHEREUM, and ALTS

12.30..21
0637H +8 SINGAPORE

Still, on vacation mode celebrating the holiday season. I am back for a day, working on my end year analysis.

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:
Trading what looks like a possible BULL TRAP on a WEEKLY.
We are looking at a formation of a Head and Shoulder Pattern, based on VITAL SIGNS (RSI, STOCH, VOL., MA VOL.)
We did see a lot of bull-traps as foreseen weeks ago, and I hope you were able to trade it to buy the DIPS.

1. Downtrend had a Bearish Correction of FIB 0.618.
2. A Measured Move towards its base is therefore expected, within the zone of strong support.
3. Right Shoulder is higher signifying a Bullish Reversal, upon completion of the H&S Base.

Anything can happen, we still have 4 days on our countdown timer.

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

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 climb a NEW SWING CYCLE.
Happy Trading Everyone!

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 (Bento Box) CHART

"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 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:
Its 2022 and our forecast from last year seems to be on track. Crypto market is still bearish until it finds its base for the H&S pattern.
Disclaimer

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