Ticker: MAV-USDT
Target: $1.13
Timeframe: 2-3 weeks or less
MAV-USDT has been on a steady growth since the previous cryptocurrency low in October 2023 going up over 300% and following an extremely bullish wave.
A lot of cryptocurrencies have gone down since then and are now recently experiencing those shorter term big pumps that will eventually grow bigger as Bitcoin's halving date approaches and many other cryptocurrencies follow suit to the overall bullish trend.
The only way that you can miss out on a 100% gain this cryptocurrency halving season is if you are trading overly leveraged assets, or placing capital in cryptocurrency assets that are too small, abandoned, or are overall rug pulls and scams (riskier trades with low credibility)
However, while it is as certain as can be with cryptocurrency that most bigger cryptocurrencies that were successful last halving date will continue to be successful (with the exception of scams and rug pulls like Luna and other failed projects), and will hit their previous all time high or above (assuming that no significant amount of supply has changed), that doesn't mean there aren't shorter term opportunities.
My reasoning behind MAV-USDT going up 50% within the next 2-3 weeks (or sooner) is based on a few technical and fundamental factors.
Technical: The overall technical trend meter of this company has recently entered into the bullish realm and price action is overall very bullish. This indicates that pressure is building and a big move will happen soon.
Fundamental: Price has recently gone up and average 10 day volume is at a lower point then the other average volume time frames, indicating that order book flow is changing to allow for a big movement on the upside and that when volume explodes price will follow. This in accordance to the technical price action indicates higher upwards pressure.
There has been a lot of outflows for both Bitcoin and Ethereum recently, indicating that higher cap coins are being moved out of exchanges and being put into alt coins. Ethereum has decreased in market dominance while Bitcoin has increased, and this in connection to the outflows and large transactions of Ethereum and Tether indicates that money will continue to move out of high cap coins and into alt coins on other exchanges.
Now these factors on their own isn't enough to indicate a signal such as the one I am describing, however with the fundamental factors that are in current public knowledge and MAV-USDT's price action, overall bullish trend, and other technical factors, I would say its a safe bet that this cryptocurrency will see a big move fairly soon. Feel free to check out my previous posts on TradingView, I have had a pretty good track record of finding big movements in the cryptocurrency space, not so much with stocks and options though. I don't delete any of my posts so there are winners and losers, I just hope that with my insights and yours you can take away your own opinion and potentially benefit from the shared information.
DISCLAIMER:
THIS IS NOT FINANCIAL ADVICE AND IS STRICTLY FOR INFORMATIONAL PURPOSES ONLY, THERE IS INHERIT RISK WITH FINANCIAL DECISIONS AND THE CREATOR OF THIS POST WILL NOT BE HELD ACCOUNTABLE FOR ANY LOSSES.
Target: $1.13
Timeframe: 2-3 weeks or less
MAV-USDT has been on a steady growth since the previous cryptocurrency low in October 2023 going up over 300% and following an extremely bullish wave.
A lot of cryptocurrencies have gone down since then and are now recently experiencing those shorter term big pumps that will eventually grow bigger as Bitcoin's halving date approaches and many other cryptocurrencies follow suit to the overall bullish trend.
The only way that you can miss out on a 100% gain this cryptocurrency halving season is if you are trading overly leveraged assets, or placing capital in cryptocurrency assets that are too small, abandoned, or are overall rug pulls and scams (riskier trades with low credibility)
However, while it is as certain as can be with cryptocurrency that most bigger cryptocurrencies that were successful last halving date will continue to be successful (with the exception of scams and rug pulls like Luna and other failed projects), and will hit their previous all time high or above (assuming that no significant amount of supply has changed), that doesn't mean there aren't shorter term opportunities.
My reasoning behind MAV-USDT going up 50% within the next 2-3 weeks (or sooner) is based on a few technical and fundamental factors.
Technical: The overall technical trend meter of this company has recently entered into the bullish realm and price action is overall very bullish. This indicates that pressure is building and a big move will happen soon.
Fundamental: Price has recently gone up and average 10 day volume is at a lower point then the other average volume time frames, indicating that order book flow is changing to allow for a big movement on the upside and that when volume explodes price will follow. This in accordance to the technical price action indicates higher upwards pressure.
There has been a lot of outflows for both Bitcoin and Ethereum recently, indicating that higher cap coins are being moved out of exchanges and being put into alt coins. Ethereum has decreased in market dominance while Bitcoin has increased, and this in connection to the outflows and large transactions of Ethereum and Tether indicates that money will continue to move out of high cap coins and into alt coins on other exchanges.
Now these factors on their own isn't enough to indicate a signal such as the one I am describing, however with the fundamental factors that are in current public knowledge and MAV-USDT's price action, overall bullish trend, and other technical factors, I would say its a safe bet that this cryptocurrency will see a big move fairly soon. Feel free to check out my previous posts on TradingView, I have had a pretty good track record of finding big movements in the cryptocurrency space, not so much with stocks and options though. I don't delete any of my posts so there are winners and losers, I just hope that with my insights and yours you can take away your own opinion and potentially benefit from the shared information.
DISCLAIMER:
THIS IS NOT FINANCIAL ADVICE AND IS STRICTLY FOR INFORMATIONAL PURPOSES ONLY, THERE IS INHERIT RISK WITH FINANCIAL DECISIONS AND THE CREATOR OF THIS POST WILL NOT BE HELD ACCOUNTABLE FOR ANY LOSSES.