A good R:R trade here.
RSI shows strength but OBV still doesn't confirm it.
I personally prefer to wait for tomorrow to see what will happen in traditional market
Hello everybody
According to the chart and last analysis of Moonriver you can see the price was impacted to the midline of channel and exactly done the stop hunter and now its time to buy one step .
In our way we have minor resistance that we shown on chart, we expect the price can break this resistance and can rise to re-test again the top of the channel, and...
I definetly think BEPRO will come back up, although we might see another quick leg down first, depending on how bitcoin behaves. These are some mid-term targets, but I also definetly think it is possible to go higher than this and go to new ATH. Especially because it is a good project in areas such as gaming and web3 + partners with Moonbeam/Moonriver & TVL is...
-10MA support the 4h candle
-Green box the breakup zone... after waiting for the retest...and close 4h candle over the 10MA
-Yellow box the breakdown zone...and go the correction zone Gann Fib speed resistance fan 0,382
-Red box the good buy zone area my sentiments
-purple pararrel chanel look so good
-RSI MA come the crossing and wake up
-NExt target fib...
Moonriver is currently one of the most successful Polkadot parachains that has good power to win the parachain competition.
Movr was recently listed on Binance.
In about 2 weeks, it has processed more than 5 million transactions .
It's now in a good position to buy and hold (Mid-term).
NOTE:
Bitcoin is kinda dangerous. It's better to consider the possibility...
MOVR reached the first price target from this bull flag breakout. There is also resistance in this area that the MOVR must successfully brekaout. We now see a pull back, but I expect MOVR to reach a second price target. Anyway, I didn’t sell anything, even if we hit the first target, because I think Mooriver is a very good project and we’ll see some nice growth of...
Hello ladies and gentleman, I have discovered a new trading opportunity. As you can see, Moonriver is forming a symmetrical triangle. It broke out to the upside, but now it's retesting the resistance level of the triangle. If BTC isn't gonna be the annoying currency like we know it sometimes, then there's a good chance that Moonriver can increase 86%.
First...
DOT comfortably moving sideways above the $39 support. A/D indicates $DOT is being in accumulation atm. Stochastic bottoming out above the oversold level, so Polkadot might stick around for a short time before resuming upwards momentum.
The MOVR breaks a downtrend after being supported on a Fibonacci level and also pulls back and prepares to move up the targets.
I hope you find this analysis useful🌹
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#DYOR
