BTC
– BITCOIN
On a Weekly Chart
LONG POSITION -MOMENTUM STRATEGY – SWING
08.29.25
1238H +8 SINGAPORE
ALERT:
Forecast Entries for a BULL SWING. Long-Term Entries Only
Short to Mid forecast by end year or early next year: We are looking at a retracement within the 90k-100k level, in which our beyond parabolic target is at 140-155k, before we come to a reversal of trend.
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).
Application to Cryptocurrencies:
Given the high volatility of cryptocurrencies, Bento Box Analysis can help traders identify key levels for decision-making.
It relies on chart analysis techniques, such as identifying support/resistance zones, trendlines, or price patterns, often visualized on platforms like TradingView or other charting tools.
How to Use Bento Box Analysis
To apply this method effectively, you’ll need:
Charting Tools: Use platforms like TradingView, Binance, or Coinbase Pro to draw boxes around key price levels.
Identify Support/Resistance:
Major boxes: Look for historical price levels where the market repeatedly reverses or consolidates (e.g., weekly/monthly highs and lows).
Minor boxes: Focus on shorter-term levels within the major boxes (e.g., daily/4-hour chart levels).
Shaded Zones:
Mark areas near the edges of boxes (e.g., just above support or below resistance) where price action is likely to trigger entries, exits, or top-ups.
Use indicators like volume, RSI, or moving averages to confirm signals in these zones.
Breakout/Breakdown Confirmation:
A breakout above a box’s top or breakdown below its bottom should be confirmed with strong volume or candlestick patterns (e.g., engulfing candles).
Risk Management:
Set stop-loss orders below support (for long positions) or above resistance (for short positions) to manage risk.
Avoid over-leveraging, especially in volatile crypto markets.
Example Scenario
Suppose you’re analyzing Bitcoin (BTC) on a daily chart:
Major Box: A range between $55,000 (bottom) and $65,000 (top), based on historical price action.
Minor Box: A smaller range within, say $58,000 (bottom) to $62,000 (top).
Shaded Zone:
Entry: Buy near $55,000-$56,000 (major support) or $58,000-$59,000 (minor support) if the price shows a bounce with high volume.
Exit: Sell near $62,000-$63,000 (minor resistance) or $65,000 (major resistance) if bearish signals appear.
Top-up: Add to your position if the price breaks above $65,000 with strong momentum, confirming a bullish trend.
Turning Point: If the price fails to break $65,000 and drops, it may reverse toward $55,000. If it breaks below $55,000, it could signal a bearish trend.
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.
NOTE:
1. That 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.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern 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.
Vive Le Autist!
Dec 11, 2022
Note
On a DAILY Chart: Now on our 1st and 2nd Long-Term Entry
