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MOVR / TetherUS

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MOVRUSDT trade ideas

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. _______________________ 📢 Show us some LOVE 🧡 Follow for daily updates and trade ideas on Crypto , Stocks , Forex and Commodities 💎 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
39
Moonriver next uptrend to $13 just depends on time After exiting the descending channel, Moonriver is waiting for a weekly consolidation from Bitcoin above the $37K level to start its new uptrend. $MOVR is currently supported by the 25WeeklyMA and the first resistance it faces is at the 50WeeklyMA. Obviously, $13 and $18 targets will be available after the 50WeeklyMA resistance is crossed. Actually Moonbeam & Moonriver are very good projects that need to time to show themselves, so the key is just the time. Goodluck
Long
by BJWiseReal
MOVRUSDT"As we enter the bullish season, the initial target to aim for is target : 90 🎯. This is based on a combination of technical analysis indicators and market trends. However, it's important to approach trading with caution and adapt to changing market conditions. Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market. Remember to use proper risk management techniques and consider setting profit targets along the way. Happy trading!"
by MKO_Trading
5
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.
by MyCryptoParadise
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.
Long
by moon333
1
$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.
Long
by UnknownUnicorn26572303