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Xanrox
Jan 4, 2024 2:22 PM

MOVR is forming a bullish flag, 306% profit Long

MOVR / TetherUSBinance

Description

MOVR 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.

Comment

The price looks strong, waiting for a massive breakout.

Comment

New analysis:

Comment

The price has been going sideways, patience is the key.
Comments
drindrin
It's a pity that MOVR is doing a retest. (MOVR is good to trade together with PERP.) I was hoping that MOVR would now increase to 54, and during the weekend/ beg of next week PERP would go up, which so far is getting volume/growing in approx. every six days + is "delayed" to MOVR.

So far, it was possible to double the gain from hudge wave 3 MOVR a few days later on PERP within 4 hours. A few days later MOVR did +48% on wave B, then PERP raised...

This is a good opportunity to accumulate capital for purchases after the cyclical markets crash which is expected in Q1 2024. (It happened just one time after BTC halving). So, be careful + watch USDT.D (and SPX). Good luck, guys!
Xanrox
@drindrin, Agree, great comment.
Xanrox
Good opportunity, but the bullish flag is breaking out already, so if you are late, buy a retest.
flappie000000
thanks for your positive chart.$26- 28 and 30 are too strong
Xanrox
@flappie000000, You are welcome.
pullbacksignal
Agree with your analysis

miladgh00000
Thank you for taking the time to analyze
Xanrox
@miladgh00000, You are welcome.
ronakio1
Well done! Breaking out right now. Thanks for your analysis.
Xanrox
@ronakio1, Welcome!
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