Crypto-Mavericks

Crypto-Mavericks

Lets see if BTC can break above this down trend and hold at around $58,000. If it can, that would be a bullish sign. We'd likely see a break and re-test so no need to panic buy, but be ready. If it goes the other way, we'd look to see if BTC can hold at around $54,000 (Support) or if it will break lower to the downside. PM for indicator access

Crypto-Mavericks

Asset: Realty Income (O) Time frame: 4 Hr Strategy: Selling the July 16 Covered Calls at 70. This gives me an extra $45 in income this month if the option expires worthless, which based on my analysis with Maverick Indicators, looks like it will. Granted, I do own 100 shares of the stock to begin with, and my cost basis is well below the current price of $67.80...

Crypto-Mavericks

We've broken the downtrend line we've been in the last few weeks and we've formed a reverse head and shoulders. I'm looking for us to retrace back to the .618 Fibonacci to $48,600 - $53,500

Crypto-Mavericks Updated 

Quick overview: In this post, we'll look at Bitcoin in the last bull market in 2017 to this bull market in 2021. I draw a Fibonacci from the top of the previous bull market to the bottom of the bear market. The bull Market begins when we cross the green zone/ the 0.618 (the golden ratio. There is significantly more strength in the break out of bitcoin in this...

Crypto-Mavericks Updated 

Pink horizontal lines above are my accumulation / Dollar Cost Averaging (DCA) lines for BTC and where I'll look to accumulate favourite alts. Looking for 24K, 26k Bitcoin is possible. I'm placing orders there as well, however, I'm leaning toward 28,400-29,400 BTC as the bottom

Crypto-Mavericks

Hey everybody! Here is how you can set a trailing take profit automatically. All you have to do is set a trailing trigger, which is when a specified number of pips or percentages after your trade has come in to profit and you want to start trailing your stop. This is represented on the chart with the orange crosses. Then, you set a trailing amount, which is...

Crypto-Mavericks Updated 

This mark up is a bullish scenario for bitcoin. If this plays out bitcoin will rise before the halvening then a "sell the news event will happen" like we've seen in previous halvenings. If this plays out BTC will rise to sub $14K levels before the halvening in anticipation. We likely will need for a healthy move retracement after the halvening. I will be...

Crypto-Mavericks Updated 

At the very beginning of 2013, I started investing in Bitcoin. My approach to accumulation is Dollar Cost Averaging ( DCA ). I am a very big believer in the mental aspect of accumulation. This means that if I am utilizing DCA because I am extremely long on Bitcoin, I would like to DCA when the price is down - at least for the short term. It is the essence of...

Crypto-Mavericks

After the run up Look for retracement to the .5 or .618. It looks like it may line up with long term. trendline. up to 200% gains vs bitcoin long term. ENJ/BTC buy range 0.00001107-0.00001049, or hitting that trend line.

Crypto-Mavericks

Here is the format for the alerts in our Ranger 2.0 update

Crypto-Mavericks

In the image above, you can see that we had a 1.53 risk to reward ratio on the 1st take profit. This is pretty good! We also had all 3 of our take profits hit on this trade, and make a total of 130 pips!

Crypto-Mavericks

In this image, you can see we have 3 levels of resistance. We want to use these levels of resistance to help guide us on where to take profit. We can place out TP a few pips above or below these levels, depending on other factors such as momentum or our overall confidence in the trade.

Crypto-Mavericks

In this image, you can see we were able to move our stop loss up to our entry on this trade. We do that because the trade has now come into profit, and we want to ensure we don't lose on this trade.

Crypto-Mavericks

In this image, you can see we have a horizontal red line at the last pivot low. This red line is right above our entry on our short position. This means that we would not have to place our stop loss very far from our entry in order to have a good risk:reward on this trade.

Crypto-Mavericks

This is a brief tutorial on how to use the Maverick Trading Meter. We're looking at our Trend indicators here, and I can see that there is yellow on the chart which tells me that the trading volume is increasing. Keep in mind, it could be buying or selling volume. For that, we will have to look at TradingView's built-in volume indicator.

Crypto-Mavericks

This is a brief tutorial on how to use the Maverick Trading Meter. We're looking at our Trend indicators here, and I can see that there is green on the chart which tells me this asset is still in an uptrend. Keep in mind, our trend indicator usually lags behind a bit so we will need to use other tools as our leading indicator.

Crypto-Mavericks

This is a brief tutorial on how to use the Maverick Trading Meter. We're looking at our Volatility indicators here, and I can see that there is purple on the chart which tells me this asset has low volatility at the moment.

Crypto-Mavericks

This is a brief tutorial on how to use the Maverick Trading Meter. We're looking at our Momentum indicators here, and I can see that there is red on the chart which tells me this asset has just been overbought.