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MOVR / TetherUS PERPETUAL CONTRACT

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MOVRUSDT.P trade ideas

#MOVR/USDT#MOVR The price is moving in a symmetrical head and shoulders pattern on the 4-hour frame We are now in the right shoulder formation and a rebound is expected We have a rebound from the lower limit of the pattern at 9.00 We have an upward trend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.007459 First target 0.007980 Second target 0.008738 Third target 0.009700
Long
by CryptoAnalystSignal
2
MOVRUSDT | Inverse Head & Shoulder PatternThe chart depicts the price movement of MOVR/USDT on a daily timeframe from Binance. A "Inverse Head and Shoulder" pattern is identified, with the left shoulder, head, and right shoulder clearly marked. The neckline is downward-sloping, and the price appears to be testing it. If the price breaks above the neckline, it could confirm a bullish reversal, with a potential price target of around 19.93 USDT, as indicated by the green area. However, if the price is rejected at the neckline, a downside move toward the support at 8.00 USDT is possible. This could invalidate the pattern and lead to further bearish price action. Volume trends seem relatively low, which may influence the likelihood of a strong breakout or breakdown. The next few days' price action around the neckline will be critical in determining the pattern's outcome.
Long
by mbaberhanif
Moonriver Reversal Pattern Confirmed (159%, 489% & 820% Pot.)Back in late 2023 Moonriver (MOVRUSDT) produced a rounded bottom before a major bullish wave. Now, in 2024, we are seeing triangular bottom, which ends in an ascending triangle before bullish growth. The pattern on its own is good but the fact that the action is moving today above the triangle's neckline (or baseline) is the most interesting part. If the pattern is not complete, anything goes; but once on the bullish zone, the probabilities favor a continuation. In this MOVRUSDT chart we have a long-term higher low and after 9 months of bearish action, a major correction, I wouldn't be surprised to see growth. You can find the targets on the chart. These are short- to mid-term. Long-term it can go higher and higher and higher... And higher. Thank you for reading. Your support is appreciated. Namaste.
Long
by AlanSantana
1
Movrusdt next trading planAfter a big increase where MOVRUSDT's value went up by more than 900% thanks to a positive market trend, it's now in a phase where its price is stable with potential sideways movements. We've done well in the past by picking the formation of bullish divergence to buy, and you can see our strategy on this chart: Right now, we're waiting to see what price do next. We've also picked out a specific price area where it might be a good idea to buy if the opportunity comes up. Although, it will be good to keep an eye on important resistance level shown on the chart, this level has been hard for MOVRUSDT to get past. If the price goes up and doesn't fall after hitting this tough spot, our plan to buy at the lower price might not work anymore. Your engagement is fully welcome on our view.
by weslad
8
Inverted Head And Shoulder Pattern.As you can see the chart is probably making a inverted Head and shoulder pattern. I'll start adding up some (spot) at 8.50$ and below with bullish conformation on LTF support ( Usually it has to be entered after the breakout from the neckline but I prefer getting in here) Make sure you do your own research before. The pattern gets totally invalid below or equal to the head low so manage your risk accordingly. Target should be straight 18$ 🤞🏻 Thank you ❤️
Long
by Prafs10
$Movr Prediction Monthly chartWhen we are constrained by shorter time frames, we are unable to perceive the broader perspective. Here is a more comprehensive view for a better understanding. Currently priced at $11.03 per coin, I anticipate a long-term appreciation of at least 10x-15x. This is a monthly chart, so it will be a gradual process and will not occur instantaneously. I will provide updates on this chart as we progress and offer detailed technical analysis of our position.
by SpaceCatZ
5
#MOVER/USDT#MOVER The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 7.50 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 9.65 First target 14.08 The second goal is 16.70 The third goal 20.20
Long
by CryptoAnalystSignal
5
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. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
13
#MOVR On Fire: Don't Miss Out on This Buy Trade!**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions. 2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action. 3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis. 4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns. 5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses. 6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions. **Disclaimer for Crypto Trading:** Trading cryptocurrencies carries inherent risks, and it's important to understand the following: Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses. Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky. Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices. This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets. By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
Long
by MoonTradingForecast
2