MOVRUSDT, The price has consolidated in support areaHello everybody
Did you check our previous Moonriver analysis ?
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According to the chart and previous analysis we shown that the price was moving in ranging channel and exactly impact to the midline of channel and now after was not support in support zone area that we have expected.
So as you can see the price had consolidation in support area (at the bottom of channel) its pumped but its not completed we expect that the price can rise up and reach to the target that we shown.
Observe about capital management and use stop loss
Good Luck
Abtin
Previous analysis :
Movrbtc
MOVRUSDT, We reach to sensitive zone Hello everybody
According to the chart and previous analysis, we expected the price drop more to the support zone area after it couldnt support in midline of channel and broke it.
At when the price exactly is in sensitive support zone the price should have consolidation in these zone then its ready to move upwards toward the resistance that we shown on chart.
In consolidation maybe we have some stop hunting in there and we should becareful about our stop loss and ...
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Good Luck
Abtin
Previous analysis :
MOVRUSDT, Congratulation to trader that follow our analysisHello everybody
According to the chart you can see the price exactly move from our level that we shown on chart
The the way of price we have important heavy resistance zone (red box), if it can break this zone it can go up more to the top of the channel
Point : if this daily candle can close like this with heavy body, it can break this resistance and reach to the top because ...
Previous analysis :
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Good Luck
Abtin
Movr - Great buying opportunityMoonriver is currently one of the most successful Polkadot parachains that has good power to win the parachain competition.
Movr was recently listed on Binance.
In about 2 weeks, it has processed more than 5 million transactions .
It's now in a good position to buy and hold (Mid-term).
NOTE:
Bitcoin is kinda dangerous. It's better to consider the possibility of a deeper price correction or a rapid increase in market dominance 👉 Be Careful