MOVRUSDT
MOVR +11% on the 15m candle 20/10/2021 (Sydney Time)Got a bag of $MOVR after researching the fundamentals and the market sentiment on the canary network. That breakdown from support level would've scared me if this was for a quick flip. Stretch out to the all time chart and this bad boy had a decent entry, pretty far away from its ATH so I decided to pull the trigger since there are more big news and innovation with the DeFi protocol, finalising integrations and funding. An absolute gem in my opinion as $MOVR has yet to unlock its full potential. Will be flexible with exit liquidity as turbulence is massive on the way to probably a 5-6x gain from here long term.
MOVR started the up journey Hey, MOVR and DOT have a very interesting journey ahead. For me (fundamental) one of the most interesting projects at the moment. Now price doesn't go along with progress (not always..) but we can see now a bottoming and beginning of an uptrend. Time to accumulate...
Moonriver is a parachain on the Kusama network. Kusama is a "canary network" which encourages experimental development prior to implementation on the Moonbeam sister chain on Polkadot. Like Moonbeam, Moonriver is an EVM-compatible smart contract platform built using the Substrate framework. The network has a native token called Moonriver (MOVR), which will allow holders to participate in consensus through staking, paying for transactions, and vote on governance proposals.
MoonRiver MOVRA very strong project, parachain on Kusama.
Think of it as ETH 2.0.
Already has working dapps on itself and the price is highly interesting.
It's down 84% from ATH and is moving in a new wave upwards.
I missed my buy entry below 50$ but will scoop a bag around 80$ and buy more in case it goes lower.
Market Cap now 300 mln $.
Cheers
MOVRUSDT, This route can be happenHello everybody
We hope that everybody are in good condition of finance and analysis in these days of war and market movement
According to the chart and last analysis, the price was moved in range channel but the price at this time broke the lower support zone area and now we should have some correction of this breakwave with 2 bottom and 2 top exactly like we shown on chart.
In some of our last analysis we expect the price do some movement but its not happen because of the condition of market and at this time we expect this route can be happen.
Previous analysis :
Observe to your capital management
Good Luck
Abtin
MOVRUSDT, The price has consolidated in support areaHello everybody
Did you check our previous Moonriver analysis ?
If you want to learn Technical & Fundamental analysis send us messages ---> Our id is in profile
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 :
$MOVR/USDT 1D (#KuCoin) Falling wedge on supportMoonriver is looking bottomed here and about to start the reversal if manages to break-out!
moonbeam.network
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