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. This analysis is a tool, and not a guarantee for price movement. Always conduct your own research (DYOR) and consider market conditions, news, and fundamentals.
Risks in Crypto: Crypto markets are highly volatile. Use proper risk management, such as position sizing and stop-losses, to protect your capital.
My Published Ideas are not 100% Accurate. Many given factors at a given time can change the forecast.
Understanding Bento Box Analysis
1. Major and Minor Boxes:
Boxes represent price ranges where significant support (bottoms) or resistance (tops) levels exist.
The tops and bottoms of these boxes act as critical turning points where the price may reverse (e.g., from bullish to bearish or vice versa) or break through to continue in the same direction.
Major boxes likely represent broader, more significant price ranges with stronger support/resistance levels, while minor boxes indicate smaller, shorter-term ranges within the major ones.
2. Turning Points:
When the price hits the top of a box, it may face resistance, potentially leading to a price drop (bearish reversal) or a breakout to higher prices if bullish momentum is strong.
When the price reaches the bottom of a box, it may find support, leading to a price bounce (bullish reversal) or a breakdown to lower prices if bearish pressure dominates.
When the price breaks out from top of a box to a newer bottom of a box, this means we can see price to move to the next minor box then a major box (vice versa).
3. Shaded Zones:
These are specific price areas within or around the boxes where traders might consider:
Entering a position (buying when the price is near support or breaking out above resistance).
Exiting a position (selling when the price approaches resistance or breaks below support).
Topping up (adding to an existing position, typically near support zones or during a confirmed breakout).
important Notes
Basic Knowledge Required: As your disclaimer notes, understanding cryptocurrencies, blockchain technology, and chart analysis is crucial. Beginners should study candlestick patterns, volume analysis, and market trends before using this method.
IMPORTANT NOTES:
Basic Knowledge Required: Understanding cryptocurrencies, blockchain technology, and chart analysis is crucial.
1. That 3 Levels of PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. (I also use it when prices move sideways inside a Major BentoBox during Accumulation Phases)
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market at a major given time (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick recognition, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
Wishing you all The Best Trades and Thank you for your Appreciation and Support of My Work.
Many thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
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. This analysis is a tool, and not a guarantee for price movement. Always conduct your own research (DYOR) and consider market conditions, news, and fundamentals.
Risks in Crypto: Crypto markets are highly volatile. Use proper risk management, such as position sizing and stop-losses, to protect your capital.
My Published Ideas are not 100% Accurate. Many given factors at a given time can change the forecast.
Understanding Bento Box Analysis
1. Major and Minor Boxes:
Boxes represent price ranges where significant support (bottoms) or resistance (tops) levels exist.
The tops and bottoms of these boxes act as critical turning points where the price may reverse (e.g., from bullish to bearish or vice versa) or break through to continue in the same direction.
Major boxes likely represent broader, more significant price ranges with stronger support/resistance levels, while minor boxes indicate smaller, shorter-term ranges within the major ones.
2. Turning Points:
When the price hits the top of a box, it may face resistance, potentially leading to a price drop (bearish reversal) or a breakout to higher prices if bullish momentum is strong.
When the price reaches the bottom of a box, it may find support, leading to a price bounce (bullish reversal) or a breakdown to lower prices if bearish pressure dominates.
When the price breaks out from top of a box to a newer bottom of a box, this means we can see price to move to the next minor box then a major box (vice versa).
3. Shaded Zones:
These are specific price areas within or around the boxes where traders might consider:
Entering a position (buying when the price is near support or breaking out above resistance).
Exiting a position (selling when the price approaches resistance or breaks below support).
Topping up (adding to an existing position, typically near support zones or during a confirmed breakout).
important Notes
Basic Knowledge Required: As your disclaimer notes, understanding cryptocurrencies, blockchain technology, and chart analysis is crucial. Beginners should study candlestick patterns, volume analysis, and market trends before using this method.
IMPORTANT NOTES:
Basic Knowledge Required: Understanding cryptocurrencies, blockchain technology, and chart analysis is crucial.
1. That 3 Levels of PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. (I also use it when prices move sideways inside a Major BentoBox during Accumulation Phases)
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market at a major given time (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick recognition, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
Wishing you all The Best Trades and Thank you for your Appreciation and Support of My Work.
Many thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
İşlem aktif
This Week's Trade for 
BTC :$1000 Investment
11% Target Profit @ $1100
10:1 Leverage
Open Short Position @ $74k
Exit Position @ $65k
Not
BTC ON A WEEKLY CHART Day trading the minor boxes. sorry the chart got messy again .
This week showed resistance at the 84k zone of support turned resistance level. This also happens to be a very accurate prediction of the BentBox's top of both minor and major box. it is a signal for prices to go further down to the next bottom of a minor and major box @ 45-53k, if it continues to resist this level.
Before that happens We should expect in the coming months a retest of this top if it will not break higher than 84k then false breakout up to 90k level.
We may still have 4 to 6 months to go. Historical record shows a 70 to 80percent drawdown and so far
BTC has just made 50 roughly 50% las Feb and our target is still from 40k to 30k when we start 1st to 3rd entries. (anything close depending on what the market does inside the BentoBoxes) Not
BTC on a Daily Chart 
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.