MOVRUSDT trade ideas
MOVR. The global trend has changed, but...MOVR lost its audience and community during the bear market. Few people at the moment consider this a promising thing. Note that during this bear there were no new projects launched on the moonriver as on the main network... The exception is bridges. But, bridges create integrations more for their own development, and not for a specific blockchain personally. Therefore, I have concerns about positive price fluctuations. On the other hand, a broken wedge indicates growth.
MOVRUSDT | BREAKOUT...MOVRUSDT has broken the falling wedge . The price is trading below the horizontal resistance. The bulls need to sustain price above the resistance zone .
We are expecting a bullish break above the mentioned horizontal level will bring bulls in complete control. While bears will be active below the break of rising support.
Trade your levels accordingly.
MOVR. Potential global trend change.The price has formed a long bearish trend, which ends with the breakdown of descending channel and formation of a falling wedge. Based on this and continued bearish trend, the formation of a falling wedge indicates a potential trend reversal. In short term, if indicators show the right picture, you can get 130% gain.
#MOVR/USDT 314% + Potential Profit! Welcome to this quick Trade Setup.
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MOVR has been trading in a downtrend since we hit the high in Nov 2021.
The risk is way too low compared to the reward.
My strategy is to accumulate between $9.12 to $12 with a Target of 200% to 300% in the mid-term.
The ATH is $505 so $50 Target is very decent IMO with the SL we have considered.
The Bottom is around $8.97
So, SL is very low but the target is very lucrative.
Reason for uptrend:- Break above 21 EMA, multiple indicators pointing. towards a possible pump.
Consider adding some to your portfolio.
ENTRY:- $.9.12 to $12.20 Add partially
MID-TERM TARGETS:-
$13.65
$18.55
$24.67
$30.23
$39.25
Stop Loss:- $8.69
*Not Financial advice.
DYOR
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MOVRUSDT | WATCHOUT LEVELMOVRUSDT has been trading with in a bearish channel . The price is trading near the upper boundary of channel. The break above can extend the price to 0.50 fib level.
The bulls need to break and sustain the price above the upper boundary of channel.
Trade your levels accordingly.
MOVRUSDT | TRADING AT SUPPORTMOVRUSDT has broken above the falling resistance. The Price has currently holding the support zone. The bulls need to hold the support zone. We are watching out price action at support zone and on confirmation one can take buy position.
The bears will be active only below the break of support zone.
Trade your levels accordingly.
movr - up or down depending on market movr looks good if market keeps inching up. there have been some tester volume spikes to see if the bottom is in.
i hope to break thiose key levels of 20$ i feel then maybe we can start going up. also dependent in inflation of the coin.
if market crashes i can see under 7$ movr
if we grind up i see 20$ folled by 27 ish then hopefully up to 40$ - overall market dependent as well as inflation ****
Falling Wedge BreakoutFalling wedge breakout with price getting bacak above EMA's, look for price to breakout fully and hold support on the top of the wedge. Bullish divergence on RSI and SRSI. 1D SRSI oversold low ready to go. 15min, and 1hr SRSI overbought so wait for those to get oversosld for a potential better entry.