MAP Swing Trade Opportunity or Moonshot

29 апр. 2021 г.

MAP saw very impressive gains in March followed by a dramatic decline in pricing. Currently it is sitting at strong support and has the possibility to swing back up to $0.117 even if the downtrend continues. If we break this level then it might go back to the moon but we'll need to see solid movement through the 6H EMA100. The coin has seen pretty sharp movements and is very low mCAP at 27.5MM so a stop loss is recommended for the trade setup.

Entry = 0.086450
TP1 = 0.117
TP2 = 0.177
SL = 0.080 (or just below)

TP1 risk reward ratio = 4.77

Details regarding MAP can be found here: maplabs.io/
MAP Twitter: twitter.com/marcopologlobal
MAP Telegram: t.me/MarcoPoloMAP

Not a recommendation to trade only my analysis of this small cap altcoin