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MOVRUSDT trade ideas

Moonriver Reversal Pattern Updated (159%, 489% & 820% Pot.)Back in late 2023 Moonriver (MOVRUSDT) produced a rounded bottom before a major bullish wave. Now, in 2024, we are seeing triangular bottom, which ends in an ascending triangle before bullish growth. We also have almost 5 months of consolidation below resistance. The reversal pattern on its own is good but the fact that the action is moving today above the triangle's neckline (or baseline) is the most interesting part. If the pattern is not complete, anything goes; but once in the bullish zone, the probabilities favor a continuation. In this MOVRUSDT chart we have a long-term higher low and after 9 months of bearish action, a major correction, I wouldn't be surprised to see growth. Chart like this one are quite mixed. We can see bullish next day or next week but the breakout can happen within months; patience is key. You can find the targets on the chart. These are short- to mid-term. Long-term it can go higher and higher and higher... And higher. Thank you for reading. Your support is appreciated. Namaste.
Long
by MasterAnanda
3
#MOVR (SPOT- INVESTING ) IN ( 8.200- 10.500)T.(64.000) SL(7.890)BINANCE:MOVRUSDT entry range ( 8.200- 10.500) Target1 (15.500) - Target2 (19.900)- Target3 (29.900)- Target4 (50.000)- Target5 (64.000) 3 Extra and Very Huge Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. SL .1D close below (7.890) This trade notes.. _______________ * Keep your order in the entry range and wait for the order to be filled. * All targets may take time to be achieved. * This trade is for investors and big time frames traders. ______________________________________________________________ Golden Advices. ********************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. ********************** My total posts www.tradingview.com 1Million Journey www.tradingview.com www.tradingview.com ********************************************************************************************************************** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT # IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR .
Long
by Crypto_alphabit
MOVR/USDT Approaching Key Resistance Levelshello guys! Trend Breakout: The price broke above the long-term descending trendline, signaling a potential shift to bullish momentum. Current Range: The asset is trading within an ascending channel, with the lower boundary around $10 and resistance near $16-$18. Support Zone: A strong demand zone (S&D) around $7-$8 has acted as a launchpad for the recent upward movement. Resistance Area: $16-$18 represents a significant supply zone, as highlighted. A breakout above this level could lead to a rally toward $20 and beyond. Possible Scenarios: A continuation within the channel with a potential retest of the $12-$13 area before another leg upward. A breakout above $18, confirms bullish dominance. Failure to hold within the channel could push the price back toward the $10 or $7-$8 support zones.
Long
by melikatrader94
12
#MOVR / USDT:#MOVR / USDT: SEED_DONKEYDAN_MARKET_CAP:MOVR closed the week with a strong weekly candle at $11.522, marking a +35.78% gain. This weekly close signifies a breakout from the downtrend, indicating potential bullish momentum to test higher levels. Upcoming Targets: 🎯 First target: $22.284 🎯 Second target: $31.478 🎯 Third target: $38.908 If the price maintains a weekly close above $10.268, it reinforces the likelihood of the upward trend continuing and achieving the mentioned targets. 📈🔥
Long
by VIPROSE
2
#MOVR/USDT#MOVR The price is moving in a symmetrical head and shoulders pattern on the 4-hour frame We are now in the right shoulder formation and a rebound is expected We have a rebound from the lower limit of the pattern at 9.00 We have an upward trend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.007459 First target 0.007980 Second target 0.008738 Third target 0.009700
Long
by CryptoAnalystSignal
2
Moonriver Reversal Pattern Confirmed (159%, 489% & 820% Pot.)Back in late 2023 Moonriver (MOVRUSDT) produced a rounded bottom before a major bullish wave. Now, in 2024, we are seeing triangular bottom, which ends in an ascending triangle before bullish growth. The pattern on its own is good but the fact that the action is moving today above the triangle's neckline (or baseline) is the most interesting part. If the pattern is not complete, anything goes; but once on the bullish zone, the probabilities favor a continuation. In this MOVRUSDT chart we have a long-term higher low and after 9 months of bearish action, a major correction, I wouldn't be surprised to see growth. You can find the targets on the chart. These are short- to mid-term. Long-term it can go higher and higher and higher... And higher. Thank you for reading. Your support is appreciated. Namaste.
Long
by MasterAnanda
1
Movrusdt next trading planAfter a big increase where MOVRUSDT's value went up by more than 900% thanks to a positive market trend, it's now in a phase where its price is stable with potential sideways movements. We've done well in the past by picking the formation of bullish divergence to buy, and you can see our strategy on this chart: Right now, we're waiting to see what price do next. We've also picked out a specific price area where it might be a good idea to buy if the opportunity comes up. Although, it will be good to keep an eye on important resistance level shown on the chart, this level has been hard for MOVRUSDT to get past. If the price goes up and doesn't fall after hitting this tough spot, our plan to buy at the lower price might not work anymore. Your engagement is fully welcome on our view.
by weslad
8
Inverted Head And Shoulder Pattern.As you can see the chart is probably making a inverted Head and shoulder pattern. I'll start adding up some (spot) at 8.50$ and below with bullish conformation on LTF support ( Usually it has to be entered after the breakout from the neckline but I prefer getting in here) Make sure you do your own research before. The pattern gets totally invalid below or equal to the head low so manage your risk accordingly. Target should be straight 18$ 🤞🏻 Thank you ❤️
Long
by Prafs10
#MOVER/USDT#MOVER The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 7.50 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 9.65 First target 14.08 The second goal is 16.70 The third goal 20.20
Long
by CryptoAnalystSignal
5
MOVR Primed for a Massive Breakout: Potential 1026% Surge Ahead!hello guys. let's analyze MOVR! Current Trends: - Downtrend and Descending Channel: The price of MOVR has been in a downtrend, moving within a descending channel since its previous high. This indicates a period of consolidation and potential accumulation. Key Levels: - Support and Resistance: - Support: The internal trendline and the bottom of the descending channel are acting as significant support levels. - Resistance: The upper boundary of the descending channel and the horizontal resistance around $22 are key resistance levels to watch. Bullish Indicators: - Engulfed Candlestick Pattern: Recently, there was a bullish engulfing pattern, suggesting a possible reversal in the downtrend. - Quick Reaction and Internal Trendline: The price reacted quickly to the support levels and is now approaching the internal trendline, indicating growing bullish momentum. Potential Breakout: - Breakout Scenario: If the price breaks above the descending channel and surpasses the resistance around $22, it could initiate a strong upward move. - Target: The projected target for this potential breakout is around $199, indicating a possible 1026% increase from the current levels. Market Sentiment: - Trader Sentiment: The current market sentiment seems optimistic, with traders potentially positioning themselves for a breakout, as indicated by the recent price movements and pattern formations. Conclusion: - Actionable Insights: Traders should watch for a confirmed breakout above the descending channel and the $22 resistance level. A sustained move above these levels could lead to significant gains, with a long-term target of around $199. - Risk Management: It is essential to manage risks by setting stop-loss orders below the support levels to protect against potential downside moves. This analysis highlights a promising setup for MOVR/USDT, emphasizing the importance of key support and resistance levels and the potential for a substantial bullish breakout. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
13