MOVRUSDT.P trade ideas
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.
$MOVR Bull Thesis -- Next leg up. Moonriver is a very sophisticated,fast paced and easy to work layer 1. This is EVM friendly and has been in design for years with the assistance of Dr. Gavin Wood.
$MOVR so far has been the most successful parachain in the Kusama network, mainly in terms of explosive price appreciation and a vibrant loyal community. 87% of Crypto Twitter believes that $MOVR has the best meme power in Dotsama ecosystem AND also the best Tokenomics. Don't forget that there are no VC, private or team allocation in the 10m supply. The supply is in the hand of the dotsama community. There are multiple dexes already listing IDOs and NFTs collections. The first Moonsama batch already has a 50 MOVR floors which is impressive. There is hype with Moonriver. All the main influencer want to load up more. We are in whale discovery mode.
This thesis proposes the increase in price from the $300 area towards the $1700 for a full extension and the next major target . Solid place to unload and take profits.
TD Sequential indicator called the 9 sell top during the first extension. Now we have complete a 9 sequence to the downside and there is high probability of a reversal and continuation attempt wit this 9 buy signal. A 3 GREEN daily candle and a daily close above the $400 will seal the deal.
This trade has a lot of potential. The marketcap gap between Moonriver and other competitors like BNB, ADA, SOL, AVAX etc is ridiculous.
Plus Coinbase and Binance listings are high probable because both projects publicly support the work of the Moonbeam foundation.
Expect collaborations with $SUSHI and $CREAM any day now.
LFG!!
movr moonriver update the real awesome 4hmoonriver(movr) update the real awesome
time candle : 4h
If you want buy long
T4:TO THE MOON
T3:383
T2:352
T1:338
buy:310
sl1:296
sl2:265
BUY IN KUCOIN:
trade.kucoin.com/MOVR-USDT
MOVR support retested againMOVR bounced up from previous support at 279usdt and gone above 309usdt. Wants to broke out from this big descending channel formed 10 days ago. SRSI on 1hr chart looks like wants to go down, already too high, so we could see some kind of pullback or retest of previous support levels or just slide down above resistance trendline until SRSI cools off. If BTC dumps even more and we lose support at 279usdt, we could take short trade because we could see a deeper dropdown. If you scalping could also take a trade if rejected from breakout level at 344usdt. Good luck traders
MOVR update (Post Evergrande BTC dump)MOVR still looks good even after the BTC dump, we found good support at the 270 level and we're accumulating at the 300 level still, as BTC recovers MOVR will make its way back up. There has been the launch of MOONSAMA, nft collection on MOVR network and with Sushi still to be announced and launched it will make things accelerate quickly.
MOVR LONGSMOVR on the Hypeerbolic movement, lets see if it can take of from the daily OB, spring on accumulation process.
Moonriver (MOVR): More Upside?I believe we are currently looking at an ABC correction (wave 4 minor degree), in which MOVR is (perhaps) forming a bullish pennant—followed by a breakout movement in the next week or so (1-3 weeks)
Any thoughts please share!?
-If you agree with this, like and share.
Cheers.
MOVR next leg upGood accumulation phase after first leg up, if next leg up is anything like the first, we will see huge price action here.
MOVRUSDT 4H on KucoinHello guys , $MOVR has been around for days now and it's doing a great job so far. From 160$ to 493$ (ATH) in a matter of a week is actually amazing, i think that this is just the start since it has not been yet listed on Binance.
For the short term the chart is showing that $MOVR has formed a bullish Flag pattern, you should be ready once it breakout, both MACD & RSI are showing that sellers are going weaker, if the 50 EMA didn't hold as a support the 340$ area will do.
Bullflag in bullflag, what more do you want...?It looks bullish to me, look at the image.
bullflag in a larger bullflag.
DYOR/NFA
