Maverick Protocol

<ul><li>CryptoBusy successfully leveraged the &#39;Cup and Handle&#39; pattern in $MAV trades, achieving &#43;64.31% ROI and showcasing an effective short-term strategy.</li><li>Long trade strategy by CryptoBusy, bouncing from 61.8% Fibonacci retracement, yielded &#43;37.43% ROI in $MAV, emphasizing precise entry points.</li><li>Cryptocurrency market dynamics highlighted by CryptoBusy&#39;s analysis stress the importance of project fundamentals and trading diligence.</li></ul>The <a href="https://cryptotale.org/?s&#61;crypto&#43;market" rel="noopener noreferrer nofollow">crypto market</a> remains volatile, with traders leveraging various strategies to capitalize on it. The Maverick Protocol ($MAV) recently demonstrated a notable &#39;Cup and Handle&#39; pattern, a bullish indicator that seasoned traders like CryptoBusy have quickly exploited. This pattern, observed in various new cryptocurrencies like $ORDI and $SEI, signals consolidation followed by a potential breakout.In a recent analysis, CryptoBusy shared insights into short and long-term trading strategies applied to $MAV. They capitalized on the rejection at a previous high, a strong resistance level for the short trade. Consequently, their realized return on investment (ROI) was &#43;64.31%, undoubtedly speaking volumes of their strategy&#39;s potency. The trade opened at 0.5523 USDT, and the closing price was 0.5301 USDT.Moreover, their long trade strategy was equally successful. Before entering, they waited for a bounce from the 61.8% <a href="https://cryptotale.org/?s&#61;Fibonacci&#43;retracement" rel="noopener noreferrer nofollow">Fibonacci retracement</a> level. This approach yielded a &#43;37.43% ROI, initiating the trade at 0.6052 USDT and closing at 0.6605 USDT. These strategies were displayed on an MAV/USDT price chart, marking out specific entry and exit points. Significantly, the chart highlighted profit and loss zones, clearly representing the trades&#39; outcomes.Read full article a<a href="https://cryptotale.org/maverick-protocol-mav-shows-cup-and-handle-pattern-revealing-trading-strategies/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Maverick Protocol ($MAV) Shows 'Cup and Handle' Pattern Revealing Trading Strategies

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