The_Crypto_Samurai

MY MINIMALIST CHART ANALYSIS FOR $CPOOL

Long
KUCOIN:CPOOLUSDT   Clearpool / Tether
CLEARPOOL
On a DAILY Chart
04.21..22
1349H +8 SINGAPORE

Clearpool is a Decentralized Capital Markets Ecosystem, where institutional borrowers can access unsecured loans directly from the DeFi ecosystem. Clearpool introduces a dynamic interest model driven by market supply and demand forces.

Liquidity providers on Clearpool can earn attractive yields, with pool interest rates enhanced by additional LP rewards paid in CPOOL - Clearpool's utility and governance token.

Clearpool LP tokens, called cpTokens, are the building blocks for a system of tokenized credit that will provide Clearpool LPs with risk management and hedging capabilities.

As more institutions begin to realize the benefits that decentralized finance can bring to their organizations, Clearpool will provide the new architecture to facilitate flows between the $120 trillion traditional capital markets, and the burgeoning DeFi ecosystem.

The CPOOL Token - CPOOL is the utility and governance token for the Clearpool protocol. - CPOOL holders will vote on the whitelisting of new borrowers, a process that will qualify participants to earn additional CPOOL through an incentive reward scheme. - CPOOL staking will be a required action for borrowers, who must stake an amount of CPOOL to access the area of the protocol where they can make a proposal to be whitelisted. Liquidity providers earn additional CPOOL rewards, enhancing pool interest rates to attractive levels. - Clearpool will announce a buyback program, where a share of protocol revenue will be used to buy CPOOL in the open market, to perpetually sustain reward pools.

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:
FIRST ENTRY

Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy.

1. RSI 42: still midway down but you can wait to reach the BOTTOM of the BLUE MAJOR BOX at.1179
2. STOCHS 31/13: on the LOW and building an upward momentum and probably a plate then back down.
3. Volume seems small for me, a lot is still holding. Waiting for a bear tail to have a spike on supply (SELL). Still on a downtrend looking at the volume histogram.
4. FURTHER DOWN TREND MAY BE SEEN ON A WEEKLY so MOST LIKELY 2ND ENTRY would be the real BOUNCE UP.
5. No point of Capitulation: Meaning HODLERS still believe in this project, even if you see a downtrend on the SELL volume histogram.
6. We can expect it to push further down to the .1179 - .0063 zones. This is at the bottom of the brown minor and blue major box and beyond.
7. Expecting ave. 92% - 405% gains on the First Partial Exit - Area of Value (TOP OF MINOR and MAJOR BOXES) and a further -100% if it goes down to 2nd ENTRY.

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.

Charts are 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 to 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!
Comment:
On a WEEKLY CHART:
Comment:
On a 4HR CHART: a good 18% in 24HRS. Close position, open on Fib 03.82 or 0.618 retracement if possible.
Comment:
DETAILED 4HR CHART:
Comment:
On a 4HR Chart: A nice 22% max
Comment:
On a DAILY Chart: Looks like it will go down to the bottom of a minor box.
Comment:
Disclaimer

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