MAVIAUSDT Bullish ChartMAVIAUSDT Technical analysis update
MAVIA price is trading within a channel on the 1-hour chart and has formed a small wedge inside the channel. The price has now broken out of the wedge pattern, so we can expect a bullish move from the current level. We can anticipate a stronger move if the price breaks out of the channel.
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MAVIA looks bearishFrom the place where we put a red arrow on the chart, it seems that MAVIA's correction phase has started.
According to the time similarities, it seems to be a diametric correction.
We now seem to be in wave C of this diametric.
Each wave of this diametric is about 49-50 days. Wave C is also expected to be 49-50 days long and last until at least July 27.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MAVIA buy setupMAVIA 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 stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MAVIA ANALYSIS (4H)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 these levels will violate the movements of this analysis
#MAVIA/USDT#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/USDT#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: 5.4
The first goal is 6.01
The second goal is 6.47,
the third goal is 7.015