MOVRUSDT trade ideas
#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
Movr Analysis Movr - price is trading inside bullish pennant, breaking out of 13-17$ may lead to explosive price action.
Long term price prediction
95$
Bearish liquidity pool - 115-170$
And another bearish liquidity zone 220-240$
HODL.
Polkadot 2.0 may easily trigger this explosive and impulsive upward price moves.. patience and HODL.
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
MOVRUSDT Important Levels - Gann FansHello Dear Traders,
Wish you a good Day,
on The chart important Levels "Horizontal levels" Based on Gann sq9 Works as Support/Resistance
Watch for Price action around those levels.
also there are gann fan the green/Yellow trends works as close as Trendlines in your regular Classic analysis.
Trade around the levels and be as close as possible to take action around it.
Produced by Jinny Gann Ar.
Best Regards
MOVRUSDT: Bullish Trend (Harmonic Pattern)MOVRUSDT is formed perfect Harmonic Pattern and also touch the strong support area, with strong bullish divergence so that are perfect reversal points. So we will wait for the break of the previous LHs to confirm the bullish trend and take a long/buy trade.
Note: Today is also news in New York session so wait for the news after the news take the long trade.
#MOVR On Fire: Don't Miss Out on This Buy Trade!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
MOVRUSDT is BullishPrice has given a breakout after bullish divergence appeared on 1H time frame, higher highs and higher lows are consistently being printed after that, indicating that bulls are in complete control of the price action. New highs can be expected from here. Targets are mentioned on the chart.
MOVRUSDT TO $20 BUY WITH LIMIT ENTRY!!!!!!!!!MOVRUSDT sweep liquidity above $17 level and price have been trying to grab liquidity at the fvg level at $15.347 if i found a candle rejections from that zone spinning or bullish engulfing am going in on a buy but if the liquidity runs am taking a buys from $12.84 level making a false breakouts with bullish engulfing then am going in on a buys to $20 target
JOIN AND ENJOY
Tell us what you think..............?
MOVR conservative EWT $165 bull market 2024If EWT plays out as depicted the timeframe should adhere to it within this year 2024. End of wave 5 before November '24
Current retrace could be close to completed as we wicked to the .618 retrace on the shorter timeframe (start of impulse 1 base $3.8 to $44) with .702 being the final target ($8 if we get there)
Wave 3 target could be either within 61-88 (97) range. 0.618-.702 fib range from larger weekly timeframe. Short pullback to the low $50 range then completion of wave 5 up to $165 as a minimum target for this BULL. Overperformance can happen if the market cap of MOVR doubles then we will look at closer to ATH of price. This is my conservative outlook for TP and price action
MOVRUSDT BUY!!!!!! $15 incoming!!!!!!MOVR just took out the buy side liquidity at $12 now am expecting a retest from 12.10 which is my discount fvg and will also be my buy limit from that zone am expecting MOVR to maintain uptrend stability till $15 is completed
JOIN AND ENJOY
Tell us what you think
MOONRIVER ABOUT TO MOON OVER 270%
The cleanliness of this chart :) Classical Analyst are seeing a perfect Bull Flag, Ellioticians sees a clean ABC Zigzag. For confluence, price at oversold region on the daily RSI with a Strong Hidden Bullish Divergence. The only missing piece is volume which I really want to see coming days.
Invalidation level is clearly on the chart. BINANCE:MOVRUSDT
OTHER ANALYSIS
Will we see the bottom test again?I see the big rise that was achieved from the bottom in the form of only three waves. This is a corrective rise and not a motive. Let us just wait and see what will happen.. Good luck.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.