MAVIA seems to be in the big B wave.
The big B wave can be a triangle or diametric.
Wave c of B also seems to be a diametric.
From the green range, it can move towards the targets.
We are looking for buy/long positions on the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget...
On the chart we have a bearish CH and lower Hs are still forming.
According to the conditions we have on the chart, the best ranges for sell/short are the ranges close to supply.
And the best range for buy/long is the demand range.
We specified an invalidation level for each of the upward movement and the drop movement. Closing a daily candle above and below...
#MAVIA
The price is moving in a downward trend on a 4-hour frame and we have a green support area at the 7.00 level
We have a higher stability moving average of 100
We have a breakout of the downtrend about to happen
Our RSI indicator has an uptrend divergence
Entry price 7.1
The first goal is 7.88
The second goal is 8.60
Third goal 9.32
#MAVIA
The price is moving in a descending channel on a 4-hour frame. The price is moving within it and is adhering to it to a large extent.
We have a support area in green and bounced from it at the 4.5 level. We have higher stability, moving average 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price:...
MAVIAUSDT technical analysis update
MAVIA price exceeded the resistance line of a symmetrical triangle on the 4H chart after 45 days of formation.
Buy zone : Below $8.70
Stop loss : $7.75
Take Profit 1: $9.64
Take Profit 2: $11.25
Take Profit 3: $14.00
Regards
Hexa
Mavia is in good bullish momentum. It's actual stuck at resistance, and i am patiently waiting for a trigger. I want to see a break of red boxe (current resistance), touch of highs, retest of red box and then pump to new highs. My main target is the red line around 11
