MY NOT SO MINIMALIST ANALYSIS OF DECENTRALAND
Updated
MANAFOLLOW THROUGH OF MY PREVIOUS ANALYSIS
MARKET LOOKS HEALTHY, STAMINA TO FINISH SWING STILL STRONG (at time of writing)
11.14. 21
0830H +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:
WE JUST RIDE TO THE TOP TARGETS - EXIT/MAXIMIZED AREA OF VALUE
It will correct based on STOCKS and RSI at 0.382 Level.
On mark with our TOPS and BOTTOMS of our BOXES. FIB LEVELS working well with the Market. Candles BULLISH.
Completion of AB=CD Pattern (Measured Move.)
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
IT WAS A GOOD PARTIAL EXIT (shaved off the bulk of the SWING TRADE) and We are now looking at an ENTRY that we can TOP-UP for our Investment.
Congratulating all those who have climbed the SWING together with me.
You can review past analysis on linked charts below.
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!
Note
ZOOMED IN ON A 4HR CHART Note
BOUNCING OF SUPPORT, MANA will continue further upwards to our EXIT TARGET AREA OF VALUE. Note
TRYING OUT THE ELLIOT WAVE IMPULSE THEORY + MY MINIMALIST BOXESNote
Note
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