MOVR Primed for a Massive Breakout: Potential 1026% Surge Ahead!hello guys.
let's analyze MOVR!
Current Trends:
- Downtrend and Descending Channel: The price of MOVR has been in a downtrend, moving within a descending channel since its previous high. This indicates a period of consolidation and potential accumulation.
Key Levels:
- Support and Resistance:
- Support: The internal trendline and the bottom of the descending channel are acting as significant support levels.
- Resistance: The upper boundary of the descending channel and the horizontal resistance around $22 are key resistance levels to watch.
Bullish Indicators:
- Engulfed Candlestick Pattern: Recently, there was a bullish engulfing pattern, suggesting a possible reversal in the downtrend.
- Quick Reaction and Internal Trendline: The price reacted quickly to the support levels and is now approaching the internal trendline, indicating growing bullish momentum.
Potential Breakout:
- Breakout Scenario: If the price breaks above the descending channel and surpasses the resistance around $22, it could initiate a strong upward move.
- Target: The projected target for this potential breakout is around $199, indicating a possible 1026% increase from the current levels.
Market Sentiment:
- Trader Sentiment: The current market sentiment seems optimistic, with traders potentially positioning themselves for a breakout, as indicated by the recent price movements and pattern formations.
Conclusion:
- Actionable Insights: Traders should watch for a confirmed breakout above the descending channel and the $22 resistance level. A sustained move above these levels could lead to significant gains, with a long-term target of around $199.
- Risk Management: It is essential to manage risks by setting stop-loss orders below the support levels to protect against potential downside moves.
This analysis highlights a promising setup for MOVR/USDT, emphasizing the importance of key support and resistance levels and the potential for a substantial bullish breakout.
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Moonriver
Moonbeam: Biggest Polkadot Ecosystem Scam Ever?Moonbeam aka SEED_DONKEYDAN_MARKET_CAP:GLMR which is a #POLKADOT BINANCE:DOTUSD ecosystem coin is still down nearly 99% with only max 8 months of this cryptocurrency bull cycle left.
Moonbeam is a failed project, as is #DOT. Nobody cares about either of those coins or any other coin within that ecosystem.
The failure for the price to rally while the rest of the market has shown great strength should be a major red flag.
I bet the founders are consistently offloading their free tokens on plebbish fools, becoming extremely wealthy in process.
I would not be surprised to see it drop another 98.70% from current levels (98.70% is how much #MoonBeam aka #GLMR has dropped from its ATH), which would result in a near-zero price.
Polkadot is a failed project and possibly a scam.
Just my opinion though.
I am shorting this on leverage.
MOVR middle term targetsMiddle term targets. Hard to say about timing, but sooner or later this zones will be just a first zones, before main move.
Possible Targets and explanation idea
➡️Weekly timeframe. Marked 2 main middle term liquidity pool, sooner or later we will go and sweep this top and stop losses.
➡️MP indicator like you can see whales step by step accumulate, whales need time not discount price. that's why they accumulate step by step
➡️We tested only fundamental value line. After first liquidity pool line we will see Take profit line and sweep main pool from August 2022
➡️Main reaction from sellers will be over exit line on weekly, when we will close 50% of W fvg or full fill. This time most of retails feel FOMO. will be good time for correction and mitigate position for whales
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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MOVRUSDT - The end of the correction wave ? Falling Wedge
The price is at the bottom of the corrective pattern (Falling Wedge)
The price hit 0.61 Fibonacci retracement level and was rejected!
We put the StopLoss in the invalidity of this analysis
If it continues to grow, the profit will more than triple
Trading Setup:
There is a Trading Signal to Buy in MOVRUSDT Moonriver (Daily) (Spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 16.0
⭕️SL @ 9.2 (-57%)
🔵TP1 @ 41.7 (+95%)
🔵TP2 @ 58.4 (+175%)
🔵TP3 @ 82.7 (+285%)
What are these signals based on?
Classical Technical Analysis
Price Action
Candlesticks
Fibonacci Retracemen
Fibonacci Extension levels
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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MOVR - MoonriverMOVR is about to start it's own personal bullrun. There will be nothing who will stop it, and I do believe we will see new ATH in 2025 or maybe even in 2024 as this year is already unpredictable.
Either get in now or regret later. When this one moves it will not wait for noone, weekly RSI just reset and we moon anytime now.
What Is Moonriver (MOVR)?
Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.
It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.
This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
MOVR is forming a bullish flag, 306% profitMOVR is a very hot coin at this moment and is forming this bullish flag. It is a very bullish pattern with a potential profit of 306%. Take the poll of the flag and move it to the end of the bull flag; this is how you find out the profit target. Or you can use the Fibonacci extension tool to find the profit target another way. I prefer both of these scenarios. What you want to do is trade hot coins, not dead coins, and MOVR is definitely one of the top gainers at this moment. Let me know what you think about it, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades.
MOVR is breaking out! 1237% profit is possible?MOVR is extremely bullish; we have a bullish flag and a strong uptrend. We have 2 possible profit targets: the first is the 1:1 FIB extension, and the second is the 1.618 FIB extension. This coin is really hot when it comes to interest from retail traders. The ABC correction is complete, and I do not see any reason why we should go down from this point! A break of 30 USDT will lead to a massive pump to 111 USDT. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include:
Supporting the gas metering of smart contract execution
Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run
Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc.
Paying for network transaction fees
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
$MOVR Reached $44 on The Threshold of The 3rd Target & ReturnedHi guys
As we predicted yesterday, $MOVR went to the threshold of reaching the third target after passing through the resistance area of $30 - $33 and after hitting the resistance level of $45, it returned from $44.
If $MOVR can break through the $45 resistance, I expect it to easily reach the $64 level. But if it fails to cross $45 again, a return to the level of $30 - $33 is expected.
Anyway please do your own research & don't be greedy.
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Goodluck
$MOVR reached To The 2nd Target In Less Than 6 HoursGreat volume, great potential & great attention from the crypto users and now we have the 2nd Target in less than 6 hour. Crossing $22 will pave the way for $MOVR to attack the $30 - $33 resistance level.
Don't take your eyes off this precious gem. As I wrote before, $MOVR and $GLMR are ecosystems with very high growth potential that will have a lot to say in the future. This is not a financial advice and do your own research.
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Goodluck
$MOVR Successfully Reached The 1st Target As I Predicted Hi everyone,
Well, after forming a strong support in the $5.5 - $6 area, $MOVR finally started its uptrend and reached our first target at $13. $MOVR must be able to break the 100WMA to reach the second target at the $18 level. In this case, the $18 target will be easily available.
If the $18 target is crossed, there is a small resistance at the $30 to $33 level, and I expect $MOVR to be involved in those areas for some time. If it crosses $33, our third target will be easily available at $45.
Despite the very good status and high potential that $GLMR and $MOVR coins have, we do not forget that everything in the crypto market for altcoins will depend on the decisions of $BTC. So save your profit and don't be greedy.
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Goodluck
GLMR - HIGHER LOW? Optimum Buy in PriceSuppoman is looking for an optimal buy price of $0.06c
Other people may be hunting out the round figure of $0.10c
Wouldn't it be something if this was the low
and caused Max pain for the bargain basement coin hunters.
Leaving with them the choice to chase at higher levels or
capitulate and pay the unwanted premium
This is why #crypto is a tougher game than #stocks...
But the Bull market can make up for these huge pain points that it inflicts upon participants
Moonriver (MOVR) formed bullish Gartley for upto 17.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Moonriver (MOVR) with US Dollar pair.
Recently I shared a trade signal for MOVE, and the price move slightly down than potential
Now on a 4-hr time frame, MOVR has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Moonriver (MOVR) formed bullish Butterfly for upto 11.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Moonriver (MOVR) with US Dollar pair.
Recently we caught more than 28% pump of MOVR as below:
On a 4-hr time frame, MOVR has formed a bullish Butterfly move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.