iMoneyTeam

MAV looks bearish

Short
BINANCE:MAVUSDT   MAV / TetherUS
Considering the bearish CH and liquidity pools at the bottom of the chart, it seems that MAV intends to move towards the specified demand.

Also, the trend line is lost.

supply is a good place for sell/short positions

By maintaining the supply range, it can drop the demand side.

Closing a daily candle above the invalidation level will violate this analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.

If you have any comments please post them, comments will help us improve our performance
Thanks
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.