$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
Moonbeam
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.
Polkadot is now officially live and onlineOn December 16 at 10:07 UTC, the first five auction winning parachain projects began producing blocks for the first time on the Polkadot network.
Acala, Moonbeam, Astar, Parallel Finance, and Clover are all officially online.
This is a defining moment in Polkadot's 5 year history.
This news is very bullish for a crypto project that has been gaining huge amounts of value while it was just in development stages.
I am very excited for this project, and I believe we can expect the start of another interesting bull run for the $DOT token.
More on this announcement :
polkadot.network
My current idea for mid-long term hold of BeproI definetly think BEPRO will come back up, although we might see another quick leg down first, depending on how bitcoin behaves. These are some mid-term targets, but I also definetly think it is possible to go higher than this and go to new ATH. Especially because it is a good project in areas such as gaming and web3 + partners with Moonbeam/Moonriver & TVL is steadily increasing. So there is definitely potential for this project and it should see some upside in the near future.
*DYOR* *not financial advice* *for entertainment purposes*
MOONRIVER: MOVR - Last chance!Moonriver has been one of my secrets and has performed awesome so far, only big things to come once fully deployed...
here: resistance turned support, tested many times (stop hunts), trendline broken and retested, fibb retracement: 78.6 halted by broken trendline retest/support, 61.8 currently holding up.
BEAM - A colorful chart with lines tells us: Bullish DivergenceBEAM, a Polkadot Ecosystem Coin that will be well used going forward, has hit a low for a 2nd time, and I believe will not retrace down a 3rd. If it does, we will have a lot of consolidation and a triple bottom, and we should shoot up faster.
This coin will become more popular in the coming months, as Polkadot starts to announce its Parachain Auctions, calling attention to what exactly each coin does.
Moonbeam is behind a lot of what Polkadot hopes to accomplish with its multichain features. Beam is one of those features. The popular Polkastarter was just deployed with BEAM.
Buy before this date: Q2 2021 - Launch on Polkadot MainNet
***Side note on a coin deployed to same network as BEAM*** KUSAMA is required (buy it) to be selected for Parachain Auctions. The projects must first deploy their coin to the Kusama Network to test and get the bugs out, which is a requirement from Polkadot. This Kusama will be undervalued until the public finally understands what exactly it does.***