MOVRUSDTbreakout bullflag/ pennant structure sitting primed on the retest here
romedao is still a good dao
evm polkadot subchain, narrative is strong with the eth merge on the horizon and btc being introduced to polkadot ecosystem :)
re extenstion is to the 1.618 50%+ if altszn kicks into gear like it kinda looks like ...
global market still in a very weird spot though it appears weve hit peak uncertainty
MOVRUSD
MoonRiver MOVRA very strong project, parachain on Kusama.
Think of it as ETH 2.0.
Already has working dapps on itself and the price is highly interesting.
It's down 84% from ATH and is moving in a new wave upwards.
I missed my buy entry below 50$ but will scoop a bag around 80$ and buy more in case it goes lower.
Market Cap now 300 mln $.
Cheers
MOVRUSDT, This route can be happenHello everybody
We hope that everybody are in good condition of finance and analysis in these days of war and market movement
According to the chart and last analysis, the price was moved in range channel but the price at this time broke the lower support zone area and now we should have some correction of this breakwave with 2 bottom and 2 top exactly like we shown on chart.
In some of our last analysis we expect the price do some movement but its not happen because of the condition of market and at this time we expect this route can be happen.
Previous analysis :
Observe to your capital management
Good Luck
Abtin
MOVRUSDT, The price has consolidated in support areaHello everybody
Did you check our previous Moonriver analysis ?
If you want to learn Technical & Fundamental analysis send us messages ---> Our id is in profile
According to the chart and previous analysis we shown that the price was moving in ranging channel and exactly impact to the midline of channel and now after was not support in support zone area that we have expected.
So as you can see the price had consolidation in support area (at the bottom of channel) its pumped but its not completed we expect that the price can rise up and reach to the target that we shown.
Observe about capital management and use stop loss
Good Luck
Abtin
Previous analysis :
MOVRUSDT, We reach to sensitive zone Hello everybody
According to the chart and previous analysis, we expected the price drop more to the support zone area after it couldnt support in midline of channel and broke it.
At when the price exactly is in sensitive support zone the price should have consolidation in these zone then its ready to move upwards toward the resistance that we shown on chart.
In consolidation maybe we have some stop hunting in there and we should becareful about our stop loss and ...
If you wanna learn fundamental and technical analysis send us messages
Good Luck
Abtin
Previous analysis :
MOVRUSDT, Its coming down to activate our buy zoneHello everybody
According to the chart you can see the price is moving exactly in range channel and the its impacted to the level of the channel.
After the price broke the midline of channel and exactly pullback to it in lower time frame the price is ready to drop more and we expect that is ready to support in support zone area and from there can move upwards toward to the above of the channel .
If the price can not hold and support and that level the price can drop more to reach to the bottom of the channel.
The best strategy in this coin is to buy in 2 step: first step buy at the yellow box (support) level and if the price drop more to reach to the bottom of the channel you can buy another step of your portfolio .
Buy in 2 step in these coin is the best strategy that can reduce average purchase and you can take nice profit from the market.
Good Luck
Abtin
Previous analysis :
MOVRUSDT WANTS TO MOVE!This an asset I have been DCAing into and will continue to do so untill I see the breakout I am looking for. Previously there were 2 attempts at a breakout which were denied by BTC selloffs. However, it is clear to me that MOVR wants to move. It is sitting at its strongest support level right now and has no real reason to travel too far below the buy zone because there is no volume at those levels. This is a solid project and if you are not familiar, you should look it up. It should also be noted that it held its own very well during the pullbacks. The price has settled in its accumulation range anytime there is trouble brewing so I feel comfortable DCAing here. I will stop DCAing once I see a breakout and update the chart with a target. MOVR has been accumulating for awhile now and I believe that time is ending soon. Thanks again everyone!
So, tell me what you think!
This is not financial advice. Do your own due diligence.
MOVRUSDT, Congratulation to trader that follow our analysisHello everybody
According to the chart you can see the price exactly move from our level that we shown on chart
The the way of price we have important heavy resistance zone (red box), if it can break this zone it can go up more to the top of the channel
Point : if this daily candle can close like this with heavy body, it can break this resistance and reach to the top because ...
Previous analysis :
If you have any question send us messages in private
Good Luck
Abtin
MOVRUSDT, It has midline support of channelHello everybody
According to the chart and last analysis of Moonriver you can see the price was impacted to the midline of channel and exactly done the stop hunter and now its time to buy one step .
In our way we have minor resistance that we shown on chart, we expect the price can break this resistance and can rise to re-test again the top of the channel, and it has nice R/r and nice profit (about 300%).
It the price can not support from here and drop in other support area is the best zone for another buying step and reduce average purchase
Good Luck
Abtin
Movr - Great buying opportunityMoonriver is currently one of the most successful Polkadot parachains that has good power to win the parachain competition.
Movr was recently listed on Binance.
In about 2 weeks, it has processed more than 5 million transactions .
It's now in a good position to buy and hold (Mid-term).
NOTE:
Bitcoin is kinda dangerous. It's better to consider the possibility of a deeper price correction or a rapid increase in market dominance 👉 Be Careful
Moonriver updateMOVR reached the first price target from this bull flag breakout. There is also resistance in this area that the MOVR must successfully brekaout. We now see a pull back, but I expect MOVR to reach a second price target. Anyway, I didn’t sell anything, even if we hit the first target, because I think Mooriver is a very good project and we’ll see some nice growth of this coin.