MOVRUSDT trade ideas
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
$MOVR:THE WAY WILL BE OPEN IF...HELLO MY FRIENDS AND THANK YOU SO MUCH FOR YOU SUPPORT
-It had stuck to this area for 9 days and moved in a sideways trend that tends to rise with most of its indicators. Today it is at the descending trend line.
If it succeeded in breaching, the way towards the 108 is open.
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 Prediction! Potential GEM! Hello Traders,
Some of you has been holding this coin patiently and accumulating day by day. You may possibly get your reward sooner than you think. Right now we are moving down in parallel channel. At the same time buying pressure has been building up for some days. I personally don't think we can or should go any lower than $150 .Knowing that this ecosystem can be as big as Dot,Ada etc. .In that case you may be selling your coins at the historical bottom! MOVR ecosystem is huge!
Chart does not give you instant buy signal. However for experienced traders , this is uber hidden bullish divergence! That is why I have opened a position at $156. Soon we should move towards the initial targets ($200 then $350-$400 then $500)
Make sure to do some homework alright!
$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
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 ...
If you wanna learn fundamental and technical analysis send us messages
Good Luck
Abtin
Previous analysis :