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$MOVR/USDT 1D (#KuCoin) Falling wedge on support
Moonriver / Tether
Long
$MOVR/USDT 1D (#KuCoin) Falling wedge on support
By TradingOn
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Updated
Jan 19, 2022
1
1
6
6
Jan 11, 2022
Moonriver is looking bottomed here and about to start the reversal if manages to break-out!
moonbeam.network/networks/moonriver/
Risk/Reward= 1:1.5 | 1:3.78 | 1:6.73
Expected Profit= +38.06% | +96.31% | +171.35%
Possible Loss= -25.46%
Fib. Retracement= 0.382 | 0.702 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 months
⚡️⚡️ #MOVR/USDT ⚡️⚡️
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)
Current Price:
169.84
Entry Zone:
166.09 - 150.39
Take-Profit Targets:
1) 218.46
2) 310.64
3) 429.38
Stop Targets:
1) 117.96
Jan 18, 2022
Trade active
All entries filled
Moonriver did not bounce on wedge support and dipped further, let's hope SL will not be hunted.
Jan 19, 2022
Trade closed: stop reached
SL hit with -25.46% and -1R
Moonriver kept going down and stopped us out, we'll keep an eye on it for re-entry!
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moonbeam
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Moving Averages
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MOVRUSDT
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Support and Resistance
Wedge
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