$MOVR/BTC 4h (#BinanceSpot) Descending trendline break & retest
Updated
Moonriver regained both 200MA & 50MA and just golden crossed, a bullish move is expected!
moonbeam.network/networks/moonriver/
Current Price= 0.004226
Buy Entry= 0.004232 - 0.004018
Take Profit= 0.005109 | 0.005889 | 0.006690
Stop Loss= 0.003468
Risk/Reward= 1:1.5 | 1:2.68 | 1:3.9
Expected Profit= +23.85% | +42.76% | +62.18%
Possible Loss= -15.93%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 1 month
moonbeam.network/networks/moonriver/
Current Price= 0.004226
Buy Entry= 0.004232 - 0.004018
Take Profit= 0.005109 | 0.005889 | 0.006690
Stop Loss= 0.003468
Risk/Reward= 1:1.5 | 1:2.68 | 1:3.9
Expected Profit= +23.85% | +42.76% | +62.18%
Possible Loss= -15.93%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 1 month
Trade active
2/3 entries filledMoonriver is gently dipping as planned so far, we have high hopes on that coin, both short & long-term!
Trade closed: stop reached
SL was hit with -15.93% and -1RMoonriver got rejected by 50MA twice and dumped, maybe next time.
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