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...
MAVIA - Heroes of Mavia
FDV: $1135 Million
Sector: Web3 Mobile Gaming
Purchase Price: $3.02 USD (acquired prior to this report)
Strengths:
- MAVIA has been in development since July 2021, demonstrating resilience during market fluctuations and showing commitment to its vision.
- Drawing parallels with the wildly successful Clash of Clans, MAVIA positions...
#MAVIA/USDT is testing the Diagonal Trendline in 4-Hour TF!
$MAVIA needs to clear the Trendline to gain bullish momentum. #MAVIAUSDT is holding PWL $2.55 as a strong support level. The next local resistance level is PML $5.05.
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 shows a bullish reversal with 1H Div. Price is playing between support and resistance. Price action at the moment shows a strong support and open interest is rising. What do you think, will it work?
Trade Plan
SL@ 5.633
Buy Stop @ 6.114
TP1 @ 6.590
TP2 @ 7.057
Mavia looks bullish again. perfect time to enter again for easy gains. Taking profits from +80%
About Heroes of Mavia
Heroes of Mavia is a mobile free-to-play Web3 MMO Strategy game developed by Skrice Studios. The game takes place in a fantasy-themed island called Mavia, where players build bases on plots of land and battle neighboring bases and armies to...
SHORT #MAVIAUSDT from $5.333 stop loss $5.4002
15m TF. The MAVIA asset has shrunk to horizontal levels after an active dump and is held near them with the strength of sellers.
Beyond the levels that were tested by several approaches, a pool of liquidity accumulated when participants opened long positions.
Before entering, I expect to see continued...
Trade Call : March-01
MAVIAUSDT price action shows a reversal with 1H and 4H Divergence. Price might get rejected or break the falling trendline. A buy stop is placed at previous LH with a stop loss at LL. TP1 is placed right above the resistance and TP2 at the falling trendline.
Trade Plan
SL @ 5.301
Entry @ 6.044
TP1 @ 6.786
TP2 @ 7.546
30-min chart, the cryto contract price is trading in a triangle. I see a tendency for the price to beat the resistance line R at around 6.10
After crossing the Resistance line R, the target of the chart triangle pattern will be 7.12 passing through a resistance level at 6.35
Consider a stop loss below the support line - Now around 6.00
📊#MAVIA Analysis
✅️There is a formation of Descending triangle pattern on 4H chart🧐
Pattern signals potential price correction incoming after breakdown from the support zone 📉
👀Current Price: $6.0028
🚀 Target Price: $4.9735
⚡️What to do ?
👀Keep an eye on #MAVIA price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#MAVIA ...
This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck
Mavia is supported by binance labs, and upon playing the game I can see the similarities with Clash of Clans which makes it addicting, it is still in it's beta phase but the potential is great.
Can easily 2x your capital once it is listed on binance.
Instrument shows bullish momentum with 1H divergence and price broke the falling trendline. Price also made DOW first HHs and HL's. A good long trade opportunity exists by placing a buy stop at the previous HH. What do you think guys, will it work?
Trade Plan
SL @ 6.600
Entry @ Buy Stop 8.032
TP1 @ 9.479
TP2 @ 10.885
