Glmr
$MOVR/USDT 1D (#KuCoin) Falling wedge on supportMoonriver is looking bottomed here and about to start the reversal if manages to break-out!
moonbeam.network
Risk/Reward= 1:1.5 | 1:3.78 | 1:6.73
Expected Profit= +38.06% | +96.31% | +171.35%
Possible Loss= -25.46%
Fib. Retracement= 0.382 | 0.702 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 months
⚡️⚡️ #MOVR/USDT ⚡️⚡️
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)
Current Price:
169.84
Entry Zone:
166.09 - 150.39
Take-Profit Targets:
1) 218.46
2) 310.64
3) 429.38
Stop Targets:
1) 117.96
DOT: MoonBeam Parachain & Descending Broadening Wedge PT $32While DOT is launching a new parachain every 2 weeks their smart contract platform (Moonbeam) just went live which is a very important period for PolkaDot's ecosystem - nearly everything in the ecosystem will depend on smart contracts. There are some very exciting projects launching on DOT, many of which have a heavy focus on the data computational layer sort of like Qualcomm or Amazon Web Services type of functions
Moonbeam link - moonbeam.network
Take a look here for all PolkaDot Projects:
parachains.info
From the TA perspective, DOT is breaking out of a descending broadening wedge on multiple timeframes and the initial target will be the top of the wedge at $32.