MOVRUSDT trade ideas
Moonriver (MOVR): Decision time!My previous idea became invalid. Thus, here some updated TA on MOVR.
MOVR is now forming a descending triangle--a bearish chart pattern (that usually forms during a downtrend as a continuation pattern). The pattern 'normally' indicates that sellers are more aggressive than buyers hence "lower highs". Thus, we might see a trend reversal at play. Wait for the breakout below support as well as a second confirmation.
As usual, best of luck!
-If you agree with this, like and share.
Cheers.
MOVR looks ready MovR Army are you ready
don't forget to use Stop loss in this one otherwise all fine
don't Panic Keep Moving with MOVRstill nothing to lose i still feel this the crucial point is $200 and the project is really rock solid just a projection or prediction lets see
Movr Falling wedgeGood news! Movr currently is in a falling wedge pattern which is a bullish pattern we can expect a bounce from 288- 290.
Good buying zone (Spot)
310
305
300
290
285
Best 254
DCA from that zone (Important)
Potential long-term gain
550
850
1000
1500
2000+
A few ideas developing @MoonriverNW Follow me @Blockchain_mane I'm tempted to buy here based off the divergence showing on the rsi.
However, being such a new listing, it could be a fake out and break lower before the pump to the upside.
it's definitely a high risk/high reward scenario
When it breaks to the upside, it's an easy double up.
Movr trading ideaMovr currently is retesting downwards but we can expect a bounce from 288- 290.
Good buying zone (Spot)
310
305
300
290
285
Best 254
DCA from that zone (Important)
Potential long-term gain
550
850
1000
1500
2000+
Moonriver (MOVR): Time to load up some 'more' MOVR?!A potential trade setup (clear & simple). RSI is hitting oversold region 1h/4h, but neutral on the daily. MOVR will eventually get on the move. I don't forsee a further downtrend, but time will tell.
Best of luck!
-If you agree with this, like and share.
Cheers.
MOVR - KSM GemMOVR has really paid off for those who went through the KSM auction and I believe it's still has more to give.
Tokens are being launched there, fees are cheap, and tx speed is fast (a touch slower than AVAX from my experience).
Chart looks good as well. I believe correction is over, we may consolidate for a bit before breakout.
$MOVR (MoonRiver) keeping it simple.A simple setup with a simple invalidation. What more can you ask for?
MOVRUSDT Target $800Current Cap $659,736,687
Current Price $353
Target Cap $1,500,000,000
Target Price $882 - $926
Timeline unknown.
Fan base Growth is 188%/month - Data source cryptologi.st
Investors: Binance
Not listed on Binance and many major exchanges yet.
Type: smart contract blockchain and extremely undervalued as it is new compare to similar projects
MOVR ParabolaFundamentals are strong with MOVR. Im bullish on KDA for Q4 and expect Moonriver to follow it.
$MOVR predictionI'm a beginner. I have no experience in TA. This is just a scenario that, imho, if BTC doesn't mess it up, could happen.
All thoughts are welcome below! Thanks for your time.
Waiting for new entry ideasI love the moon river project. It's basically ETh 2.0 before eth 2.0. however, I need to wait for price action to dictate if this is going to break to the upside or downside. Measured move in either direction, not a good buy right now and I don't want to give my profits back to the market. This is a wait and see scenario
MOVRUSDTsee and watch :)
After forming a good candlestick pattern, it has pullback to the desired range and can be a good range to enter the trade ...
Moonrise on bullish flag. MOVR on bullish flag. Price is about to break. Will it pop up and hit out target?
Moonriver looking good Waiting for a good set up for a run up..looks like it's getting ready to work itself out..
MOVR / Moonriver 🤩What Is Moonriver (MOVR)?
Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.
It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.
This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include:
° Supporting the gas metering of smart contract execution.
° Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run.
° Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc.
° Paying for network transaction fees.
