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Morpheus.Network / Tether

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MNWUSDT trade ideas

MNWUSDT at monthly support, likely to bounce soonThe price has been trending down since it was rejected from monthly resistanced MR2. Now it is approaching monthly support MS1. This is the zone where the price had last reversed and rallied strongly. I believe as the price approaches this zone, it is likely that the price will again bounce from there and start reverse journey to the upside. The price may still dip a bit further into this zone, but the probability that the price will hold here is very high. The bounce will face some struggle at monthly resistance MR1, however, after some struggle, there it may head for the next monthly resistance MR2 and probably beyond. However, we shall look at the chart again in case nit reaches MR1 to figure out where the price is heading to. Therefore, let is focus first MR1 as the target in case we see the expected bounce from MS1.
Long
by angela_altair
1
MNW Morpheus.Networkhi dear trader and investors mnw ready for new trend because breakout downtrend channel and pulled back you can see my take profit and stop loss on this chart... what is mprpheus network: Morpheus.Network optimizes supply chains. This is accomplished with their SaaS middleware platform seamlessly integrating legacy and emerging technologies while providing supply chain managers with a Digital Footprint, providing shipment and item visibility for automating safe and secure supply chains saving time and money. goood luck
Long
by mehdi_kb
MNW/USDT 30% Potential from Here as per ChartMNW/USDT Technical Analysis Overview:- #MNW/USDT is currently trading at $1.978, having rebounded from the Support/Retest level. Based on the current market conditions, a bullish zone is being observed, prompting me to make a purchase at this point. My entry level is between $0.190-$0.198, and my target is to achieve a 30% increase from my entry level. Specifically, my targets are set at $2.165, $2.348, and $2.493. To minimize my risk, my stop-loss order is placed at $1.83. In terms of support and resistance levels, the support level is $1.88, while the resistance level is $2.12. If you found this chart analysis helpful, please like and appreciate my hard work. Additionally, I recommend following me for more quality updates. Thank you.
Long
by CryptoPatel
Morpheus.Network (MNW) brewing a potential 100-150% moveThe chart speaks for itself. It's hard to determine with altcoins whether the moves are based on BTC moves (in most cases yes, but sometimes altcoins live their own life depending on whether they are "pumpable" or not). In any case, as long as BTC doesn't fall off a cliff, this move should play out. Worth taking a long position here. - The completion of the right inverted shoulder is indicated by lines crossing at $1,95ish and $2,22ish respectively. We could expect retraces here. - If IHS plays out, the sell orders should be placed either at $2,95-$3,00 (safe option) or at $3,92-$4,00 (aggressive and more risky option). See below the bounce off of 20MA on the weekly chart as I was not able to insert more indicators due to free version of TradingView.
Long
by littlewizard
3