MOVRUSDTFalling Trendline has been broken and good support at 17.67 level. Downward risk is limited. Can be bought at current levels for good gains.
MOVRUSDT trade ideas
MOVR +11% on the 15m candle 20/10/2021 (Sydney Time)Got a bag of $MOVR after researching the fundamentals and the market sentiment on the canary network. That breakdown from support level would've scared me if this was for a quick flip. Stretch out to the all time chart and this bad boy had a decent entry, pretty far away from its ATH so I decided to pull the trigger since there are more big news and innovation with the DeFi protocol, finalising integrations and funding. An absolute gem in my opinion as $MOVR has yet to unlock its full potential. Will be flexible with exit liquidity as turbulence is massive on the way to probably a 5-6x gain from here long term.
MOVR started the up journey Hey, MOVR and DOT have a very interesting journey ahead. For me (fundamental) one of the most interesting projects at the moment. Now price doesn't go along with progress (not always..) but we can see now a bottoming and beginning of an uptrend. Time to accumulate...
Moonriver is a parachain on the Kusama network. Kusama is a "canary network" which encourages experimental development prior to implementation on the Moonbeam sister chain on Polkadot. Like Moonbeam, Moonriver is an EVM-compatible smart contract platform built using the Substrate framework. The network has a native token called Moonriver (MOVR), which will allow holders to participate in consensus through staking, paying for transactions, and vote on governance proposals.
Moonriver (MOVR) - Bullish divergenceOn the above 3-day chart price action has corrected a massive 90% since late November. A number of reasons now exist to be bullish:
1) The ‘incredible buy’ signal prints.
2) Regular bullish divergence. Seven oscillators are printing bullish divergence at this time including MACD over a 15 day period.
3) Points 1 and 2 are also true for the BTC / MOVR pair as shown on the 2-day chart below.
4) On the daily chart (bottom) there is clear volume divergence. I don’t know why money is pouring in, someone knows something I don’t.
Is it possible price action falls further? Sure.
Is it probable? No.
1st target $180
Good luck!
WW
2-day MOVR/BTC
1-day dollar chart
MOVR - 38% SMASHED TO HIGH TIDEReally enjoying the alternative trading options GLMR & MOVR present. (Not planning on sharing any trade ideas here, just results) :) Sorry.
As can see here, a lovely near 40% move in space of a couple of days, awaiting the final time for entry using OVERWATCH & TRENDMASTER SYSTEM.
BACK SOON WITH MORE RESULTS!
MOVRUSDTUsing ABCD chart pattern, projections of the price move made. Entry with the mentioned SL can be taken. Confirmation for this projection will be the breakout from B point price level.So 50% can be sold before point B and remaining should be open to see if it moves up.
MOVRUSDT | BREAKOUT??MOVRUDST has broken the falling trendline resistance. It is expected to go up from here. One can enter long in this trade While stop loss should be on 11.If price break below the trendline the break out will be turned into a fake out.
Trade your levels accordingly.
Long Moonriver (MOVR) vs USDMOVR is a L1 project on Kusama. With the L1 narrative this bullrun, I expect MOVR to perform well from here.
DOT and KSM hype is imminent this year and MOVR will fly with them IMO.
Tehnically it had a 70% correction and it's finding a bottom in the grey area. This is a good spot to buy and hold mid to long term.
MOVRUSDT | BULLISH CHANNELMOVRUSDT is trading in a bullish parallel channel. Currently testing its parallel channel resistance.
We are expecting a bullish breakout. Alternatively the rejection from top will result in bearish reversal.
Trend your levels accordingly.
MOVR | BREAKOUTMOVR has consolidated in the region of 12 to 13 for quite sometime. Now we can expect the breakout with the said targets intact.
Below 12 it seems to be weak so manage the risk accordingly.
MOVRUSDT | ABOUT TO MOVE On 4H TF, we see the coin moving in a bullish ascending channel. Looks like we may see a bullish move towards 17 to 20 price range sooner.
long MOVR$MOVR is bouncing off the support level. Bullish movement to the resistance level at 14.7$ is likely to happen.
DevaluedMOVR aka moonriver is another Major player in the market, its extremely devalued, it can climb upto 100$ this year, it has very good project its backed by a great team
I am buying here and holding it until it reaches my targets
DYOR
movrusdt00002In this currency, by being in a downward trend and checking the higher timeframes and observing a strong downward trend, we do not use the market return and open the sales position in the direction of the trend.
MOVRUSDT - SETUPMOVRUSDT price has just tested the falling wedge upper trendline, this is a bullish pattern. So we are expecting Bulls will definitely react in this area and will try to break that resistance zone. If they succeed we could see a sharp upside move towards next resistance.
short on MOVR $MOVR is bouncing off the strong resistance level and the descending trendline. Bearish trend is likely to continue and reach the support level at 20$
MOVR long$MOVR bounced off the support level. Bullish movement to resistance level at 31,88$ is likely to happen.
long MOVR $MOVRUSDT broke throug the descending trendline. Bullish movement to resistance level at 39$ is likely to happen.
MOONRIVERMOONRIVER
MOVR breakout from falling wedge and at accumulation zone, $40 Important support SL below it
target will reach $320, we must patience to in and out
NOT FINANCIAL ADVICE
DYOR
MOVRUSDTExpecting invalidation on the price to go back to the accumulation phase.
Otherwise, MOVR gonna be like 💩.
Hopefully it's not gonna happen.
Trade safely.
