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Maverick

#Mav 1D chartNYSE:MAV 1D chart; First of all, there are notes of all the necessary data on the chart, which you can easily understand as soon as you look at it. * The first bullish signal came with a positive mismatch at the bottom (RSI) * Breakout required for uptrend has arrived (MSS) * Although it lost after gaining the 50EMA level, the spread is very narrow due to its horizontal process (positive) * The lack of volume in the weekly candlestick view shows that it has been flat all week, so there is a high probability that there will be no deep decline (positive) * If there is a close below the +OB level below, only then will it look for a new bottom. When it starts to rise, the levels that it can hang out can be considered for the short term. #mav #maverick
Long
by ugurtash
Maverick Protocol ($MAV) - Dec 2023 🚀 Maverick Protocol stands out in the DeFi space with its innovative Automated Market Maker technology. MAV token serves for governance and staking, with a focus on enhancing liquidity efficiency. 📉 Recent Price Trends: MAV experienced a drop from $0.566 to $0.3847 in June 2023, later recovering to $0.5466. As of July 14, 2023, the price is $0.3708, reflecting a 39% drop over the last month. 🔮 Price Predictions: Diverse predictions suggest different futures for MAV: 2023: Could reach up to $0.74-0.82$ with potential dips. Long-term forecasts are optimistic, with some expecting MAV to reach as high as $7.80. 📊 Technical Analysis: Current indicators show a bullish sentiment. The moving averages and exponential moving averages mostly signal a buy, while oscillators present a mixed view. ✅ Key Developments: Mainnet launched in March 2023 by Alvin Xu and Bob Baxley. MAV token offers governance, staking, and protocol incentive allocation. Partnership with LayerZero for addressing cross-chain capital inefficiencies. Backing from prominent entities like Founders Fund, Pantera Capital, and BinanceLabs. 🔍 Conclusion: MAV presents a promising future with its unique AMM technology. However, market volatility and competition pose challenges. Investors should consider these factors along with personal investment goals and risk tolerance. Best Regards EXCAVO
Long
by EXCAVO
3
Maverick Protocol Coin Review Hello everyone! Today, I want to present you with a review of the Maverick Protocol coin – a new player in the cryptocurrency market. What is Maverick Protocol? Maverick AMM helps its users maximize capital efficiency by automatically pooling liquidity during price fluctuations, based on a revolutionary automated market maker (AMM). Why is it interesting for investors? The coin is new to the market, which could open unique opportunities for early investors. Matches investment strategy: The project has technical factors that meet my investment selection criteria. The capitalization is $148 million. An ascending structure, ending with a final impulse, which may indicate growth potential. Maverick Protocol could be an interesting choice for those looking for new opportunities in the cryptocurrency sphere and wanting to diversify their portfolio. As always, I recommend conducting your own research before investing
Long
by CHOWTRADE
Long trade #13 for Maverick MAV priceToday we present you a potential trade for the relatively young Maverick Protocol coin MAV, whose price could theoretically find the bottom. Enter = purchase zone 0.2055-0.2135 with a potential average price = 0.2095 Stop = 0.1969 (- 6%) TP = 0.3260 (+ 55.6%) P/L ratio = 9.25 We allocate $10,000 for MAVUSDT trade In the event of a mistake, we will lose $600 If the trade will be a success, we will receive a profit of $5560 What do you think about this trade, and what is your vision? Write about it in the comments!
Long
by P_S_trade
24
A technique from 1202 - Really? images Who was Fibonacci? Fibonacci (1170 – c. 1240–50), also known as Leonardo Bonacci, Leonardo of Pisa, or Leonardo Bigollo Pisano was an Italian mathematician from the Republic of Pisa, considered to be "the most talented Western mathematician of the Middle Ages". Fibonacci popularized the Hindu–Arabic numeral system in the Western world primarily through his composition in 1202 of Liber Abaci (Book of Calculation). He also introduced Europe to the sequence of Fibonacci numbers, which he used as an example in Liber Abaci. You may have seen this? This is what’s called the Golden ratio. I am not looking to go into depth on Fibonacci use cases, spirals, fans, arcs, circles, wedges and channels. However, it was important to mention so you can go away and do your own research on Fibonacci beyond this “welcome to” post. Why is this useful for trading? The Fibonacci sequence is quite possibly the most used tool in trading stocks, Forex, Commodities and even crypto. In mathematics, the Fibonacci numbers, commonly denoted Fnuch that each number is the sum of the two preceding ones, starting from 0 and 1. However, you are probably more familiar with Fibonacci extension and retracement levels. It’s all based on the same logic. Fibonacci numbers appear unexpectedly often in mathematics, so much so that there is an entire journal dedicated to their study, the Fibonacci Quarterly. Applications of Fibonacci numbers include computer algorithms such as the Fibonacci search technique and the Fibonacci heap data structure, and graphs called Fibonacci cubes used for interconnecting parallel and distributed systems. They also appear in biological settings, such as branching in trees, the arrangement of leaves on a stem, the fruit sprouts of a pineapple, the flowering of an artichoke, an uncurling fern, and the arrangement of a pine cone's bracts. Just look at this image once more! So what? The fact that these numbers appear in nature, it has clearly been adopted in art and architecture – this is due to the human desire for pattern recognition. It’s built into our DNA, the fact that we as a collective want to identify such patterns, will in fact drive charts. I have written articles on Elliott Waves - which again is quite possibly one of the biggest use cases for Fibonacci, definitely an easy way to see the powers at work. Here’s a link to one such article; How to use Them? If you have been trading for some time you are most likely familiar with Fibonacci techniques, if you are new, here is some basic logic to get you started. As mentioned above there are several tools for Fibonacci, as a new trader I would suggest only looking at extensions and retracements to start you off. Retracement These levels often work well as support and resistance, you will find opportunities to enter on pullbacks (retracements) against the overall trend. Common levels here are 23.6%, 38.2%, 50% (although it’s not technically a real fib level, another topic for another time) then of course the 61.8% and the 78.6%. How to draw these on the chart – you are looking for 3 points let’s assume A,B & C. You are looking for A to be at the start of your trend. Often this will be a swing low or high. Let’s assume we are looking at an uptrend and we want to see the pullback. A would be placed here as above. The next step is to use the extension tool and click A and drag to point B as below; and the pullback level; Now we have a move A to B we can start to look for areas of interest, in this example we can see the pullback was to the 38.2% level. Some people are critical on the levels, for me I like it to tag the level and if it goes a little deeper then I still like it, if it doesn’t tag the level I would round it down to the lower level. Meaning if it fails at say 37.9% I would like to still think of it as only the 23,6% fib level. But there is no hard and fast rule on this. Now this gives me A and B with a 38% pullback for C. One way to trade using this could be a simple Buy at the break of B with a stop “Below” C Not telling you this is what you should do, it’s just one method some do use. Obviously, you could increase the stop and put it under A instead. Difference between Retracement and Extensions? The data you gather by assessing the pullback becomes valuable when looking for potential targets, so whilst we used 2 touch points (A & B) for getting the retracement level, the most accurate extension forecasting tool would be to use all 3 (A, B and C). Although it can also be done by using only A and B as well, It’s another one of those not so clear rules. Whilst the retracement tool gives us the pullback, the extension will give us some target areas. Let’s start with the simple (not my preferred) method; This is known as the extensions – 2 points (A, B) drag the curser from A to B and click and then back to A and click off. With this method you will notice in your back-testing those areas of interest will often be at the 61.8% of the A to B move. This means if A + B = 100, then the target would be around 161-2. Also, the 100% of the A-B move giving a target example of 200 and lastly the 1.618 level. Giving a target of 261-2 level. Again, no hard fast rule. This is just something seen over and over again. Expansion levels To start with go from A to B with the extension tool and pullback to C and click off. Assume you are using @TradingView Much like the Extension you will notice similar characteristics of the moves up (in this example of the uptrend) Something interesting I mentioned above this is a great tool to use alongside Elliott Waves, here’s an example of how this works and can fit into the charts. In this image above we use the same A point as a starting point, B becomes the 1 and 2 becomes the C. We can then work the Fibonacci extension & expansion levels to determine where 3 is likely to go. And then we can use the retracement for the pullback for (4) as well as new extensions for the projection of the 5th wave. A few months back, I wrote an article here on tradingview on the psychology on the charts, it’s worth highlighting that here. Click the link/image to view the article; Nothing is 100% certain, but using these methods will help give you a better understanding of waves and swings, logic for pullbacks and reason for extension levels. I hope this helps someone out here! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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