MavericcCap

MavericcCap

Looking at movement of BTC since Dec 2018 / Jan 2019, BTC started its uptrend from the lows and reached peak of around 13.8ks in Jun 2019. Since then BTC has moved in the broad triangle highlighted on chart in orange except for the period of March & April 2020 (Corona / World Lockdown Impact - Outlier). Post hitting the peak in June 2019, BTC can be seen moving...

MavericcCap Updated 

As you can see from the 2 highlighted zones on the chart, TRX is now playing out one of the very important moves determining the next move. Getting rejected yet at again the long term resistance line as shown in one of the images below and breaking the weekly support earlier this week. If TRX continues to follow the earlier price patterns we could see price...

MavericcCap Updated 

IOST started its journey at All time High in Jan 2018 @ 0.139 USDT for each IOST Token while reaching a low of 0.003589 USDT per IOST Token in December 2018, a downfall of 97.42% in just 12 months. After hitting the low in December 2018, it started the journey of crawling back up reaching a high of 0.0185 USDT in April 2019. During this time, it crossed the...

MavericcCap Updated 

VETBTC has successfully broken out of the long term resistance trend line on the daily charts. On the weekly charts the closing is awaited for confirmation of the same by post closing on 31st May 2020. In the meantime, our initial position has already yielded around 30% returns and more returns are possible in the coming days if the chart structure remains...

MavericcCap Updated 

Entry - 9560-9615 Target 1 - 9300 Target 2 - 9125 SL - 9800 Leverage - 10X

MavericcCap Updated 

We just entered another short trade in BTC @9440. We expect it to retest the 9100 Levels. We shall add to the short @9660-9700 levels if it take another jump. Entry - 9440 Entry 2 - 9660-9700 (Add More) Target 1 - 9250 Target 2 - 9115 SL - 9800 Leverage - 10x

MavericcCap Updated 

Short Term Trade: Entry Range - 9650 - 9735 (Staggered) Target 1: 9440 Target 2: 9365 Leverage - 10x SL: Close Above 9950 DYOR. Do like and / or comment.

MavericcCap Updated 

Possible Quick Short Trade: Entry: 9645-9675 Levels Target 1: 9565 Target 2: 9320 Target 3: 9260 Leverage - 10x SL: 9800 You can use Leverage and No of Contracts as per your comfort.

MavericcCap

In line with my previous TA related weekly resistance, BTC is right now trying to aim for the strong long term resistance levels at around 10k. Last time BTC tried to cross 10k it just managed to do it briefly and only by 79 USD. Although last 3 days have been a strong movement against the 1400 USD drop on 10th May, I still have my doubts that BTC will be able to...

MavericcCap Updated 

The 1 Hour / 4 Hour and Daily Chart suggest that BTC may be ready to move upwards to 9200 / 9400 levels before it starts to fall again based on the weekly chart. 1H: 4H: Trade Active on BITMEX XBTUSD: Entry Price: 8912 Target 1: 9065 Target 2: 9217 SL: Close below 8810 Support with Like

MavericcCap

The weekly pattern is following itself. This is yet another break or make moment for BTC. If BTC wants to go back above 10000 USD this is the time it actually needs to break from the downward channel. If it cannot, the same pattern which led to March breakdown will be followed. What do you think will happen? Do let me know in the comments below. Please like...

MavericcCap

BTC has been moving in upward channel since crash of March 12 2020. It continues to bounce off the same support trend line today also. Still unsure.. But if it breaks the trendline on the lower side at closing.. you know what to do. Keep an eye on 8200/8300 levels. And 9100 on the upside followed by 10100/200 USD.

MavericcCap Updated 

Close above USD 9480 can do it. Or else enter short!!