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MAPSUSD trade ideas

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 sitting near trendline resistance. This is also a important Fibonacci level. In a ABC correction when A is overextended then C is usually .618 of A. And its sitting right on my expansion fibb level see the pic below Anybody know some fundamentals on this one ? Entry - 1.1126 Stop - 1.15 TP 1 - 0.45 ( Reduce Position 50%) This is not a financial advice. The only time I give financial advice is when am having an episode of personality disorder.
FTX:MAPSUSDShort
by UnknownUnicorn10209036
2
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 "overbought". Trend angles increased then decreased suggesting momentum is rolling over. Price is trading inside a D3 demand zone now flipped supply. Thin volume profile between $0.68 and previous local high at $0.545 Strategy: Wait for price to trade below $0.725 and retest to confirm weakness and LH. Enter short with first target at previous local high $0.545 and second target $0.4315. Stop loss above flipped supply/demand zone at $0.85 Invalidations: Strong LTF retest off the lower trendline or deviation below and reclaim would suggest price is falling back into the upward sloping channel, full close short position
FTX:MAPSPERPShort
by readysetliqd
#MAPS targeting $4.983 by 1st May 2022With countries gearing to open up soon with vaccination in full drive, apps like maps.me will be extremely profitable. Users will travel more. And search & discover, tourist guides and navigation available offline all over the world will be a key component. 1,432,096 RATINGS getting 4.8 Alameda Research already invested $50 million direct investment in travel app Maps.me & $40 million investment in decentralized finance protocol Oxygen, a Solana-based lending platform that plugs into the app. 140 million downloads already 60 million users Highly undervalued Maps is similar to google maps fused with benefits. This might skyrocket. It is time to buy coins like this for a potentially huge return by next year. If you consider Google Map to be extraordinary, maps.me is extra extraordinary. Technical Analysis: Aladdin indicator has called buy on $MAPSUSD
FTX:MAPSUSDLong
by Joy_Bangla
MAPS in this market i expect nothing short of moon1hrly chart as its a new coin, but ive used the maps.me app religiously on multiple overseas trips and if international travel is ever a thing again, incredible potential for this one can be used as discounted payment method for travel and accomodation// payments among other travellers/travel vendors anyone whos used travel cards before knows how annoying the fees are/ they dont work everywhere pretty much all travellers you meet are using maps.me
FTX:MAPSUSDLong
by olliecoughland