MOVR forms Rising Wedge Pattern on Daily Chart - 35% price drop
Updated
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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