MOVRUSDT: Bearish Trend (Harmonic Pattern)MOVRUSDT is moving in down trend and forming Harmonic Pattern on 1hr time frame. and also MOVR is break the previous LLs, so we can take a short trade on CMP.
MOVRUSDT trade ideas
#MOVR On Fire: Don't Miss Out on This Buy Trade!**Technical Analysis Chart Description:**
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MOVRUSDT(Moonriver) Daily tf Range Updated till 06-06-24MOVRUSDT(Moonriver) Daily timeframe range. PA had a nice move from 15.801. but selling pressure is higher here so need more volume to get over 20.045. recent retrace point is at 15.801 it needs to keep up above it to move forward.
movrusdtSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
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.
$Movr Set for a explosive move. DoT Season is imminent. Retest of $13 for breakout.
We hit the .50 fib come back down retested the. 236 2x now, we need one more for Bullish Confirmation, Going to be a explosive move
MOVRUSDT EXPECTATIONS!!!!!!!MOVRUSDT Got rejected three times from the previous highs price is heading to sweep liquidity from the sell side liquidity zone at 13.21 from the re am expecting a strong bullish candle correction to continue the uptrend again to $18
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
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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
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MOVR 300% potential pump?MOVR / USDT
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It is being accumulated after a hard pump with the largest volumes ever. Do you think such volumes were just like that? Me not . The price is kept within range and does not fall below $20. I think the next pump is a matter of time.😉
MOVRUSDT BUYING FROM DISCOUNT FVG!!!!!!!!!!MOVRUSDT made a possible breakouts and now price is heading towards a retracement level which is the discount zone in fvg at 13.30 am taking long from that zone with target of $18
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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.
MOVR/USDT TO $31 BUY WITH LIMIT ENTRY NOW!!!!!!!!!!!!!!!MOVR has been raging forming a rising wedge am gonna be positioning for a Long once the price drops to 21.00 then go in on a long to 31 am expecting a pull back retracement from 21 zone which is my sell side liquidity
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MOVR bullish momentum slowly returningText describes my view on the current situation,
TLDR $35 coming by march with TP targets shown on blue elliot wave
The triangle breakout and retest shows that new momentum could be returning if we can confirm the lower high structure
The move to $44 resembles a leverage liquidation event and for the time being I believe we will start clawing back the gains from that huge move, using Fib retraces and targeting the .702 area
This gives us our shorter term targets (timeframe approximately 6weeks give or take until end of march)
MOVR middle term targetsMiddle term targets. Hard to say about timing, but sooner or later this zones will be just a first zones, before main move.
Possible Targets and explanation idea
➡️Weekly timeframe. Marked 2 main middle term liquidity pool, sooner or later we will go and sweep this top and stop losses.
➡️MP indicator like you can see whales step by step accumulate, whales need time not discount price. that's why they accumulate step by step
➡️We tested only fundamental value line. After first liquidity pool line we will see Take profit line and sweep main pool from August 2022
➡️Main reaction from sellers will be over exit line on weekly, when we will close 50% of W fvg or full fill. This time most of retails feel FOMO. will be good time for correction and mitigate position for whales
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MOVR Daily breakout and potential 1.618 targetMOVR did a daily breakout today and tested $26-$27 daily resistance. High volume increase and Fibonacci support level 0.382 worked. DOT and KSM are warming up. All the indicators support the potential increase on MOVR. Target $35
MOVR/USDT - Moonriver: Double Bottom◳◱ On the $MOVR/ CRYPTOCAP:USDT chart, the Double Bottom pattern suggests an upcoming trend shift. Traders might observe resistance around 27.079 | 31.556 | 40.205 and support near 18.43 | 14.258 | 5.609. Entering trades at 24.318 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Moonriver
▣ Rank: 321
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: 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.
◰◲ Technical Metrics :
▣ Mrkt Price: 24.318 ₮
▣ 24HVol: 27,215,397.767 ₮
▣ 24H Chng: 4.481%
▣ 7-Days Chng: 9.23%
▣ 1-Month Chng: 8.11%
▣ 3-Months Chng: 259.15%
◲◰ Pivot Points - Levels :
◥ Resistance: 27.079 | 31.556 | 40.205
◢ Support: 18.43 | 14.258 | 5.609
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.65
▣ Last 90D: 2.57
▣ Last 1-Y: 1.21
▣ Last 3-Y: 0.29
◲◰ Volatility :
▣ Last 30D: 0.68
▣ Last 90D: 3.30
▣ Last 1-Y: 1.79
▣ Last 3-Y: 1.57
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.38 - Bearish
▣ Reddit sentiment score is 0.35 - Bearish
▣ In-depth MOVRUSDT technical analysis on Tradingview TA page
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MOVR isstill bullishFrom where we entered our "START" on the chart, an upward movement has formed. This movement is an ABC or a more complex movement.
It seems that wave B of this movement is ending and we will soon enter wave C.
It can go up while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MOVR - MoonriverMOVR is about to start it's own personal bullrun. There will be nothing who will stop it, and I do believe we will see new ATH in 2025 or maybe even in 2024 as this year is already unpredictable.
Either get in now or regret later. When this one moves it will not wait for noone, weekly RSI just reset and we moon anytime now.
What Is Moonriver (MOVR)?
Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.
It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.
This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
MOVRUSDT | 1W 👀I want to buy the coin later with the perspective of a bullish market if given the opportunity.
I hope that this and the following years will be breakthrough years for crypto.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Moonriver. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Moonriver #Investment #MOVR
