Moon river ( MOVR)Movr usdt Daily analysis
Time frame 4hours
Risk rewards ratio >1.8 👈👌
Moon river is good asset for short time trading
What is MOVR ?
As a decentralized smart contract platform, Moonriver requires a utility token to function.
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 ...
MOVRUSD
MOVR/USDT Technical Analysis: Potential Bearish Continuation
Based on the analysis of this chart, the most likely trend appears to be bearish in the short-to-medium term. The chart displays several indicators that point to a weakening of upward momentum and the potential for further downside.
Bearish Evidence:
Failed Breakout and Lower High:
The price attempted to break above $20 but failed to sustain the move, forming a lower high. This is a classic bearish signal indicating reduced buying pressure.
MACD Momentum Weakening:
The MACD is in a bearish crossover, with the signal line below the MACD line, and the histogram is trending negative. This suggests growing selling momentum.
RSI Deterioration:
The RSI has dropped below 50, indicating weakening bullish momentum and a shift toward bearish sentiment.
Bollinger Bands Contraction:
The Bollinger Bands are narrowing, signaling a period of lower volatility. The price is hovering around the middle band, leaning toward a downside breakout.
Trendline and Support Breakdown Risk:
The price is trading below the key support zone near $17.30, which was previously acting as a base. A close below this level could accelerate bearish momentum.
Key Levels to Watch:
Immediate Resistance:
$17.30: This former support now acts as immediate resistance. A failure to reclaim this level will keep the bearish trend intact.
Immediate Support:
$16.00: A psychological support level and a key area of recent consolidation.
$14.50: The next critical support level, aligning with previous price congestion zones.
Major Support:
$12.00: A significant area where buyers previously stepped in.
Trading Strategy:
Bearish Scenario:
Short Entry: Below $16.90 after a confirmed close below this level.
Take Profit:
First Target: $16.00
Second Target: $14.50
Final Target: $12.00
Stop Loss: Above $17.50 to minimize risk if the price reclaims resistance.
Risk Management Considerations:
Given the narrowing Bollinger Bands, a sudden spike in volatility is possible. Traders should use tight stop losses.
Monitor volume; a significant increase on a breakdown below support levels will confirm bearish momentum.
Conclusion:
The current price action suggests that MOVR/USDT is leaning bearish, with key indicators signaling further downside. A close below $16.90 will likely open the door to retesting lower support levels. However, a reclaim of $17.30 could negate the bearish outlook and shift the market back toward neutrality.
#MOVR/USDT#MOVR
The price is moving in a descending channel on a 30-minute frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of
16.90
Entry price 17.02
First target 17.52
Second target 18.20
Third target 18.80
#MOVR (SPOT- INVESTING ) IN ( 8.200- 10.500)T.(64.000) SL(7.890)BINANCE:MOVRUSDT
entry range ( 8.200- 10.500)
Target1 (15.500) - Target2 (19.900)- Target3 (29.900)- Target4 (50.000)- Target5 (64.000)
3 Extra and Very Huge Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (7.890)
This trade notes..
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* Keep your order in the entry range and wait for the order to be filled.
* All targets may take time to be achieved.
* This trade is for investors and big time frames traders.
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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MOVR/USDT Approaching Key Resistance Levelshello guys!
Trend Breakout: The price broke above the long-term descending trendline, signaling a potential shift to bullish momentum.
Current Range: The asset is trading within an ascending channel, with the lower boundary around $10 and resistance near $16-$18.
Support Zone: A strong demand zone (S&D) around $7-$8 has acted as a launchpad for the recent upward movement.
Resistance Area: $16-$18 represents a significant supply zone, as highlighted. A breakout above this level could lead to a rally toward $20 and beyond.
Possible Scenarios:
A continuation within the channel with a potential retest of the $12-$13 area before another leg upward.
A breakout above $18, confirms bullish dominance.
Failure to hold within the channel could push the price back toward the $10 or $7-$8 support zones.
#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
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.
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❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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MOVR isstill bullishFrom where we entered our "START" on the chart, an upward movement has formed. This movement is an ABC or a more complex movement.
It seems that wave B of this movement is ending and we will soon enter wave C.
It can go up while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MOVR is forming a bullish flag, 306% profitMOVR is a very hot coin at this moment and is forming this bullish flag. It is a very bullish pattern with a potential profit of 306%. Take the poll of the flag and move it to the end of the bull flag; this is how you find out the profit target. Or you can use the Fibonacci extension tool to find the profit target another way. I prefer both of these scenarios. What you want to do is trade hot coins, not dead coins, and MOVR is definitely one of the top gainers at this moment. Let me know what you think about it, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades.
MOVR is breaking out! 1237% profit is possible?MOVR is extremely bullish; we have a bullish flag and a strong uptrend. We have 2 possible profit targets: the first is the 1:1 FIB extension, and the second is the 1.618 FIB extension. This coin is really hot when it comes to interest from retail traders. The ABC correction is complete, and I do not see any reason why we should go down from this point! A break of 30 USDT will lead to a massive pump to 111 USDT. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
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
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
$MOVR Reached $44 on The Threshold of The 3rd Target & ReturnedHi guys
As we predicted yesterday, $MOVR went to the threshold of reaching the third target after passing through the resistance area of $30 - $33 and after hitting the resistance level of $45, it returned from $44.
If $MOVR can break through the $45 resistance, I expect it to easily reach the $64 level. But if it fails to cross $45 again, a return to the level of $30 - $33 is expected.
Anyway please do your own research & don't be greedy.
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Goodluck
MOVR nearby unmitigated bullish OBMOVR did great pump in a day....Pump over 150% but there is more to come as retailers are trying to short it and I believe smart money still coming into the market to pump it crazy again..... I will wait for reversal to the nearby unmitigated bullish Ob on 15mins TF.....
Wait patiently for entry....
Follow for more market update and trade update
$MOVR reached To The 2nd Target In Less Than 6 HoursGreat volume, great potential & great attention from the crypto users and now we have the 2nd Target in less than 6 hour. Crossing $22 will pave the way for $MOVR to attack the $30 - $33 resistance level.
Don't take your eyes off this precious gem. As I wrote before, $MOVR and $GLMR are ecosystems with very high growth potential that will have a lot to say in the future. This is not a financial advice and do your own research.
Please "Like" & "Follow" if you want to see more of these ideas.
Goodluck
$MOVR Successfully Reached The 1st Target As I Predicted Hi everyone,
Well, after forming a strong support in the $5.5 - $6 area, $MOVR finally started its uptrend and reached our first target at $13. $MOVR must be able to break the 100WMA to reach the second target at the $18 level. In this case, the $18 target will be easily available.
If the $18 target is crossed, there is a small resistance at the $30 to $33 level, and I expect $MOVR to be involved in those areas for some time. If it crosses $33, our third target will be easily available at $45.
Despite the very good status and high potential that $GLMR and $MOVR coins have, we do not forget that everything in the crypto market for altcoins will depend on the decisions of $BTC. So save your profit and don't be greedy.
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Goodluck
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.
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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.
Moonriver (MOVR) formed bullish Butterfly for upto 11.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Moonriver (MOVR) with US Dollar pair.
Recently we caught more than 28% pump of MOVR as below:
On a 4-hr time frame, MOVR has formed a bullish Butterfly 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.
Moonriver (MOVR) forming bullish BAT for upto 52.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Moonriver (MOVR) with US Dollar pair.
Now on a daily time frame, MOVR is about to complete the final leg of a bullish BAT move for another price revesal.
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