$MOVR/USDT 1D (#KuCoin) Falling wedge on support

Jan 11, 2022

Moonriver is looking bottomed here and about to start the reversal if manages to break-out!

moonbeam.network/networks/moonriver/

Risk/Reward= 1:1.5 | 1:3.78 | 1:6.73
Expected Profit= +38.06% | +96.31% | +171.35%
Possible Loss= -25.46%

Fib. Retracement= 0.382 | 0.702 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 months


⚡️⚡️ #MOVR/USDT ⚡️⚡️
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)

Current Price:
169.84

Entry Zone:
166.09 - 150.39

Take-Profit Targets:
1) 218.46
2) 310.64
3) 429.38

Stop Targets:
1) 117.96

Jan 18, 2022

Trade active

All entries filled

Moonriver did not bounce on wedge support and dipped further, let's hope SL will not be hunted.

Jan 19, 2022

Trade closed: stop reached

SL hit with -25.46% and -1R

Moonriver kept going down and stopped us out, we'll keep an eye on it for re-entry!