Honestly, I think you have a fairly solid looking WIP. I'm interested to see if anyone has better ideas for the sword swing/animation. I am in need of a better solution for that as well.
Does the timer provide a benefit to anything? Once your project gets bigger will it just be extra, unnecessary coding for you?
I know its a WIP, and your Minotaur looks awesome but the art doesn't match the player per say. Your player has black outlines and the Minotaur does not which makes him appear a little flat. Overall, I think all looks great.
You should try to keep regular updates posted because this looked interesting.