The_Crypto_Samurai

MY MINIMALIST ANALYSIS FOR ETHEREUM

Long
KRAKEN:ETHUSD   Ethereum
$ETH
ADJUSTED TARGET AREA OF VALUE ON THE CHART
11.10.21
1341H +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.

ALERT:
LOOKING FOR THE NEXT BEST ENTRY ON EXIT OR MAXIMIZED
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
IT WILL BE A GOOD EXIT/MAXIMIZED (You can shaved-off from the bulk of the 2nd SWING TRADE) and We will look for an ENTRY / TOP-UP for our Investment after the DIP.
Congratulating all those who have stayed and climbed the SWING with me.

Ethereum is making a very healthy climb since the last end of July to present (measured moves.) With a strong chart pattern, BUYERS will continue buying after correction, who are all looking for another measured move.
Trading psychology affects this, why? an exponential BUY-IN will create a parabolic, more than a measured move. So expect my maximized exit area of value to X4, conservatively x2 of where it will take Ethereum to a new price height.
The keyword is THE POWER OF TRADING EUPHORIA powered by SOCMED, Powered by the people. I call it an egalitarian version of hypercapitalism for the crypto economy. LOL!

Ethereum is more or less performing better than BTC. Why? Projects under it like Polkadot. (check my analysis on Polkadot )

The BULL SEASON for CRYPTOS is dictated by the BULLISH STRENGTH OF Primarily BITCOIN and then ETHEREUM. We still have more room for the UPSIDE.
Happy Trading!


REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.

HOW TO USE THIS MINIMALIST CHART

Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.

You can CLICK AND hold THE CHART and PAN or DRAG IT.

TARGET ZONE IDENTIFICATION

The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)

At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).

Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, 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.

Vive Le Autist!
Vive Le Egalitarianism!


Comment:
IN-DEPTH BEYOND TECH-ANALYSIS:

Loving the Elliot Wave Impulse Theory. I use this as a guide in making my MINIMALIST BOX CHART ANALYSIS. We all know that the EWT is a very subjective approach to analyzing what the MARKET is doing, has done, and is about to do when using the standard bar or candlestick chart.

This is where my love for the Heikin Ashi Chart comes into play, because of its minimalist approach of canceling out the noise that the other charts create. Combine it with the understanding of the EWT and then with FIB Levels. You can never go wrong when using these tools as confluences to using the TOPS and BOTTOMS of the BOXES as major/minor turning /pivot points of a MARKET towards reaching our AREAS OF VALUE at the course of our SWING TRADE.

Love and Master this Art as your Trade Secret. ;)
Comment:
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STOCH Vs RSI
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ZOOMED IN STOCH vs. RSI
Disclaimer

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