MOVRUSDT trade ideas
Movr Signals Green: Buy Now, Thank Me Later!"## Moonriver (MOVR) - Fundamentals, Recent News, and Disclaimer:
**Fundamentals:**
* **Ethereum-compatible smart contract parachain on Kusama.**
* **Canary network for Moonbeam on Polkadot.** New code is tested on Moonriver first before deployment on Moonbeam.
* **Uses the MOVR token for:**
* **Gas metering:** Fee for executing smart contracts.
* **Incentivizing collators:** Rewards for running validator nodes.
* **Governance:** Participating in network decision-making.
* **Transaction fees:** Paying for network operations.
* **Current price:** $22.55 (as of February 18, 2024)
* **Market cap:** $200 million
* **Circulating supply:** 8.88 million MOVR
* **Max supply:** Not available
**Recent News:**
* **Moonbeam Network announced a partnership with Chainlink.** This will allow developers on Moonbeam and Moonriver to access secure and reliable oracle data feeds. (Jan 31, 2024)
* **SushiSwap deployed on Moonriver.** This brings a popular decentralized exchange to the network, potentially increasing liquidity and trading activity. (Jan 25, 2024)
* **Moonriver integrated with Binance Cloud.** This makes it easier for developers to deploy and manage their applications on the network. (Jan 17, 2024)
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.
* Cryptocurrency prices are volatile and can fluctuate significantly. Past performance is not indicative of future results.
* Investing in cryptocurrency involves inherent risks, including the potential for loss of capital.
**Additional Resources:**
* Moonriver Website: (moonbeam.network)
* CoinMarketCap: (coinmarketcap.com)
* CoinGecko: (www.coingecko.com)
I hope this information is helpful! Please let me know if you have any other questions.
MOVR is forming a bullish flag, 306% profitMOVR is a very hot coin at this moment and is forming this bullish flag. It is a very bullish pattern with a potential profit of 306%. Take the poll of the flag and move it to the end of the bull flag; this is how you find out the profit target. Or you can use the Fibonacci extension tool to find the profit target another way. I prefer both of these scenarios. What you want to do is trade hot coins, not dead coins, and MOVR is definitely one of the top gainers at this moment. Let me know what you think about it, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades.
MOVR USDT PERPHello Trader BINANCE:MOVRUSDT.P
bullish for its 1-hour time frame chart because here there are 2 footholds or can also be called small support points, can be used as a race to take long positions, but for the take profit area I use swing trades and 3% stop loss so this is quite a risk.
Translated with DeepL www.deepl.com
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Disclamer: Not Financial Advice
MOVR/USDT TO $36.00 SOON BUY NOW!!!!!!!!!MOVR completed my last analysis predictions now price just take out the buy side liquidity at 23 forming a Falling wedge pattern and we already have a price breakout with a retracement now here comes a price corrections am going in on a long to the buy side at 36
JOIN NOW ENJOY
Tell us what you think.............
๐ป SHORT #MOVRUSDT SHORT #MOVRUSDT from $25.405
30m TF. The instrument has formed a local support level with several confirmatory touches, which may indicate a cluster of stops of long participants behind them. The coin also breaks through the levels well on history and is currently moving in a downtrend, showing the presence of limit sellers with decreasing volumes.
I am considering consolidation near the level and impulse movement on the execution of stops.
MOVRUSDT Bullish biasMOVRUSDT has had a nice rebound of the 200EMA which leaded to a breakout of the blue trend line you can see in the chart. Right now we are in an ascending-triangle. Here we can find good buy opportunities if we search for liquidity zones. Trade with care.
My personal TP is at 55.5.
$MOVR Swing Long to Range Highs and $36I've entered a lot that I am currently monitoring, I think we may get one more dip into green before pushing up.
Some key criteria:
- Price has reclaimed the range eq(s) and needs to continue to hold on a retest over the coming 24 hours
- Hold the ascending trendline and put in a higher low
- Lose the range eq(s) and I'll get stopped, then it's likely down to test the 100ema
I think this is gearing up for a big leg, just a matter of time imo.
With this price action I will continue to long it even if I get stopped because unless anything drastically changes, this wants to run.
My opinion,
Vatsik
MOVR is breaking out! 1237% profit is possible?MOVR is extremely bullish; we have a bullish flag and a strong uptrend. We have 2 possible profit targets: the first is the 1:1 FIB extension, and the second is the 1.618 FIB extension. This coin is really hot when it comes to interest from retail traders. The ABC correction is complete, and I do not see any reason why we should go down from this point! A break of 30 USDT will lead to a massive pump to 111 USDT. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include:
Supporting the gas metering of smart contract execution
Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run
Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc.
Paying for network transaction fees
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
ETH Breakout Alert! ๐๐ Analyzing Momentum for MOVR Cont.๐ Unveiling Major Breakouts! ๐ In this exclusive video, we dissect the exciting world of cryptocurrency trading, focusing on the recent Ethereum (ETH) ascending triangle breakout and the compelling bull flag continuation pattern on MOVR.
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๐ Disclaimer: This content is for informational and educational purposes only. Trading and investing involve risks, and it's essential to conduct your own research or seek the advice of a qualified financial professional before making any decisions.
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