$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
MOVRUSDT
$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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MOVR :Parabolic upside potential +1600%Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
With the BTC Dominance drooping, I expect to see a rally in altcoins over the next few days until Bitcoin starts to increase again. One of the altcoins I'm keeping a close eye on is MOVRUSDT. It's fairly new, finished the nasty dump and now trading sideways in accumulation phase meaning next up - the parabolic run.
Taking a quick look at RSI, LSMA, EMA and Momentum in the Phoenix Ascending indicator as well as the moving averages, with the 200d MA giving us our first potential target of HKEX:13 for the near term.
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MOVR/USDT what next? 👀 🚀 MOVR Today analysis💎Paradisers, #MOVRUSDT is on the move, displaying a notable rejection from the supply zone, hinting at upcoming market actions.
💎 Observing #Moonriver past behavior, it has a track record of breaking above trendlines and initiating upward trends. Currently, we're presented with two distinct scenarios:
💎 Following its rebuff at the supply zone, #MOVR is likely to seek a bullish path from the demand zone at 6.319, aiming to challenge and possibly overcome the resistance above.
💎 Conversely, if it dips below the demand zone, we could see a shift towards a bearish trend, potentially descending to the next support level.
💎 Market participants should monitor these developments closely, as MOVR's next moves could present significant trading opportunities.
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.
MOVR in the purchase zone!!!I set the levels for the global impulse (white) 495.0-237.0
Received the control zone 54.32-26.01 and the global purchase zone 6.41-1.58
The purchase level of this zone is 3.56
Set the levels according to the local pulse (white) 13.3-9.54
Got the purchase zone 4.86-3.47
Total volume price 11.2326
I do not expect a sharp exit, there will be accumulation and withdrawal of coins!!!
$MOVR Breakout Trendline & Retest Done $MOVR Breakout Trendline and Retest Done
Simple Way to Trade Trendline Breakouts
Talking Points:
Always wait for the current candle to close beyond the trendline to confirm the break.
Enter into the trade when price retraces back within a few pips of the original trendline, trading in the direction of the original breakout.
Set your Stop a few pips beyond the trendline and set your Limit at least twice as far as your Stop.
Step 1. - Locating the Trendline
As a review, a trendline is a line connecting two or more lows or two or more highs, with the lines projected out into the future. Traders than look at these projected lines and look for future prices to react around those levels. For a detailed lesson in identifying and drawing valid trendlines, check out my 3 Tips For Trendline Trading.
On the chart below is an example of a trendline that developed today on the MOVR/USDT on an Hourly chart. You can see how I connected the two swing lows to create a line and projected that line out into the future.
Step 2. – Wait For a Confirmed Breakout
Next, we need to see how the price reacts to the projected trendline. There are two potential outcomes when price comes into contact with a trendline:
The price will bounce off the trendline
The price will break through the trendline
This article focuses on the latter. So we wait to see if the price does in fact break through the price. But we aren’t ready to place a trade just because the price breaks through the trendline. We need to wait and see if the current candle closes beyond the trendline. We require a candle to close beyond the trendline to confirm the breakout. This is a very important rule.
Step 3. Set Up The Trade
Remember the first image I showed you of the GBP/USD Hourly chart? Let’s go back to that example because it actually ended up producing a near perfect breakout setup. Soon after that snapshot was taken, the GBP/USD fell and broke through our trendline with authority. A very short time after that, the Hourly candle closed below the trendline and confirmed the breakout as well. Once this happened, it was time to get to work to setup this trade.
There are 3 things we needed to do to execute this breakout trade:
Set an Entry order to Sell just below the original trendline.
Attach a Stop order several pips above the trendline.
Attach a Limit that is as least twice as large as our Stop .
There is a saying that goes “What once was resistance, can later become support. And what once was support, can later become resistance.” This is the mantra we rely on when setting an Entry order near the original trendline. We are looking for price to retrace back to the point of support/resistance it just broke through, and then continue back into the direction of the original breakout. Take a look at how the trade was setup below. I magnified the main part of the chart so it’s easier to read.
$MOVR/#USDT [#Moonriver]: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $MOVR / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 9.22 | 10.38 | 12.6, and the major support zones can be found at 7 | 5.94 | 3.72. Consider entering a trade at the current price zone of 8.8 and targeting higher levels.
◰◲ General info :
▣ Name: Moonriver
▣ Rank: 318
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Moonriver is a parachain on the Kusama network. Kusama is a "canary network" which encourages experimental development prior to implementation on the Moonbeam sister chain on Polkadot. Like Moonbeam, Moonriver is an EVM-compatible smart contract platform built using the Substrate framework. The network has a native token called Moonriver (MOVR), which will allow holders to participate in consensus through staking, paying for transactions, and vote on governance proposals.
◰◲ Technical Metrics :
▣ Mrkt Price: 8.8 ₮
▣ 24HVol: 3,450,237.846 ₮
▣ 24H Chng: 9.453%
▣ 7-Days Chng: 13.37%
▣ 1-Month Chng: -2.78%
▣ 3-Months Chng: 27.42%
◲◰ Pivot Points - Levels :
◥ Resistance: 9.22 | 10.38 | 12.6
◢ Support: 7 | 5.94 | 3.72
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.02
▣ Last 90D: 1.08
▣ Last 1-Y: -1.19
▣ Last 3-Y: -0.39
◲◰ Volatility :
▣ Last 30D: 1.17
▣ Last 90D: 0.92
▣ Last 1-Y: 1.04
▣ Last 3-Y: 1.41
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.38 - Bearish
▣ Reddit sentiment score is 0.76 - V. Bullish
▣ In-depth MOVRUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Moonriver (MOVR) forming bullish BAT for upto 52.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Moonriver (MOVR) with US Dollar pair.
Now on a daily time frame, MOVR is about to complete the final leg of a bullish BAT move for another price revesal.
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 Hidden MonsterIf you turn On the BB, you'll notice an insane squeeze of the bands: MOVR has been in a strong accummulation zone for months.
I didn't turn them on cause you would't see the draws I've made.
- Weekly RSI is pushing hard upwards for a while. Check the Red line I've set.
- Potential to breakout to 40-52$ levels are higher than downwards.
If btc makes a black swan and corrects hard, I will buy move MOVR at 4$, 2$, 1.5$.
The moment Polkadot starts pumping, all side projects related to it will too. Same as Avalanche and Joe or SOL and it's crap projects.
#MOVR/USDT 314% + Potential Profit! Welcome to this quick Trade Setup.
Our Last few performances:-
BTC: Called the dump target to the dollar ✅
Next BTC Target of 21k HIT ✅
SUSHI Pumped:- 26% in a day ✅
USDT on Track ✅
PYR is up 10% and still on track ✅
AR on track ✅
SHIB on Track ✅
LTC 210% profit, 21% on Spot ✅
To verify, go through my last 10 charts 😃
Follow me for more! Now let's get to the chart!
MOVR has been trading in a downtrend since we hit the high in Nov 2021.
The risk is way too low compared to the reward.
My strategy is to accumulate between $9.12 to $12 with a Target of 200% to 300% in the mid-term.
The ATH is $505 so $50 Target is very decent IMO with the SL we have considered.
The Bottom is around $8.97
So, SL is very low but the target is very lucrative.
Reason for uptrend:- Break above 21 EMA, multiple indicators pointing. towards a possible pump.
Consider adding some to your portfolio.
ENTRY:- $.9.12 to $12.20 Add partially
MID-TERM TARGETS:-
$13.65
$18.55
$24.67
$30.23
$39.25
Stop Loss:- $8.69
*Not Financial advice.
DYOR
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#PEACE
$MOVR Accumulation Zone For a Next Bullrun 🔥 2024 Hey Guys, MOVR is the most great project made by Moonbeam (Parachains) MOVR is Moving on Kusama Ecosystem Which is good. $KSM have good History Pump 600x in 2020 the price around 1$ and 2021 ATH 600$ something. $MOVR have a chance like $KSM. i will buy if $MOVR Still in GREEN ZONE 🔥.