MY MINIMALIST CHART ANALYSIS FOR $ADA

- CARDONA ON A WEEKLY CHART
5.13.21 2017H +8 PACIFIC

MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)

STILL ON TARGET

THE MARKET IS STILL EXPANDING
AFTER A CORRECTION at THE 0.382 FIB LEVEL.
VERY BULLISH ON THIS.

Note

ON a daily

Trade active

Note

Looking at the daily chart, Yes the Possibility of retracing to the 0.382 and lower retracement levels. very minor correction, it will proceed strong towards the 3rd target zone. This is just an impromptu analysis no structure being formed on the left yet. I will review it later but here is the updated chart upon reading your query.

Note

The possible top-up zone is after a correction

Trade closed: target reached

I reached my Target and I am looking for a good entry for the next LONG SWING.

Trade closed: target reached

PARTIAL CLOSE - TARGET REACHED, Waiting for correction for a TOP-UP to next TARGET AREA OF VALUE

Trade active

SORRY DELAYED POSTINGS, Had entered when It fell back to ENTRY AREA OF VALUE. HOPE MY CHART ANALYSIS WAS A GOOD GUIDE, even if I was not able to post.

Note

It is failing to make a new high. must correct at 618 so it will have the strength to go beyond retest level.

A measured move most likely to take place at around $1.7 (Double Bottom)

Trade active

Hope you guys entered the bear tail area. we are now up at 141%, time to sell partial

Trade closed: target reached

target exit reached predicted 170%. you can go greedy at a new target of 192%, but is it worth your risk?

I will wait for retracement at 30% to 70% for the next entry depending on the next price action.

This was a good and well less than 30days trade.

The_Crypto_Samurai

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The_Crypto_Samurai