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 :
Movrusdtlong
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 :
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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