On daily chart it is clear that MOVR is forming a rising wedge which will take the price down to $13 - $15 area.
Also as BTC is expected to drop to $38000 with drop of around 13% this will sure push MOVR down to 35% - 50%.
Also as BTC is expected to drop to $38000 with drop of around 13% this will sure push MOVR down to 35% - 50%.
Note
MOVR is moving down as expected. ( Next Entry $13 - $15 ) but I am expecting it will reach $8 if BTC had a vertical Drop to $35000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.