MOVRUSDT trade ideas
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.
Daily analysis on $MOVR- $MOVR current price is sitting on the daily support zone ($55-56$)
- Trend of RSI is on upward manner and also is approaching the trendline support zone
- For daily MACD, can see the daily histogram is getting smaller even though price is hovering around the same zone (Based on Jesse Livermore, this shows bearish trend is getting weaker)
Potential play that I will look into :
- Bought order @ $USD55 and make sell order at the $75-$77 region
- Sell order is inserted based on the confluence of Fibonacci extension (61.80%) and also the resistance zone
- SL set @ $51-$52 region (5% risk which is a must for all my trade)
- Risk : Reward ratio is 3:1
Disclaimer : For tutorial purposed only. Not a buy call.
Movr time to move may be ?well the market has plunged a lot and have been accumulating lets see if we can see some action with MOVR depressing price action it's time to move finally
MOVRUSDT - SETUPMOVRUSDT price is trying to regain its bullish momentum after testing breakout and bouncing from a good strong support area. Let's see how price action behaves in upcoming sessions.
MOVRMOVR, a chance to get bullish
Yellow - Red (Resistance)
otherwise, retest to approx. $64
Trade safely.
Long on MOVR $MOVR has successfully retested the broken resistance level. Bullish trend is expected to continue and reac the resistance at 107,53$ is possible.
MoonRiver MOVRA very strong project, parachain on Kusama.
Think of it as ETH 2.0.
Already has working dapps on itself and the price is highly interesting.
It's down 84% from ATH and is moving in a new wave upwards.
I missed my buy entry below 50$ but will scoop a bag around 80$ and buy more in case it goes lower.
Market Cap now 300 mln $.
Cheers
Harmonic Butterfly PatternIf B corrects between 78.8 and 88.8 from XA then it is a butterfly Pattern.
As we see Buying will be after a candle close above B level.
target will be 161.8 BC Fibonacci level.
MOVR KUCOIN- Head & Shoulders on the daily
- Stochs, 4hour low, 1hour low, daily high
- macd turning up histogram turning light, not sure what to make of what the macd TA is saying
MOONRIVER breaking outSimple chart, break of the trend line.
May form a local running flat and burst to the upside.
Divergence in place.
I am buying from current levels, if goes down - will DCA
Moonriver longMoonriver bounced off the support area. Asset broke trough off the descending trendline. Bullish movement to resistance level at 100 is possible.
MOVR/USDT long hold 👌BINANCE:MOVRUSDT
much wow, ok, I'm in )
waiting "target #1" when will see, but prefer to hold until "target #4"
MOVRUSDT - SETUPMOVRUSDT price has broken the falling wedge and now trading above that level and now it is a test for bulls to contain that positivity. If they retain this they can easily drag the price towards some good level.
