Key stats
Maps is at a very crucial resistance area. Maps has made a parabolic move to the upside almost 12X in just 54 days. But if you look at the larger picture it has been in a downtrend. Its been making lower highs. Also made a lower low since the beginning of the chart. This recent move also looks like a 3 wave move to me.
Currently its sit
MAPS mega rally losing steam SHORT Background:
MAPS has rallied far harder than the rest of the crypto market posting ~8x in 2 weeks. Given that Bitcoin is now trading under resistance (bearish short term thesis for all crypto positions), a hard pullback in MAPS seems likely. Bearish divergence on the H4 RSI coming down from "overbou
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