The Most Exciting Moments For Moonriver (MOVR) Crypto Coin

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Hey friends this is a Val and welcome to the new update on Moon River Moon River was moving inside the falling wedge pattern on The Daily time frame chart at the same time it also formed the symmetrical triangle as well and recently we have broken it out and after

The breakout you can see that the price line is still moving above the resistance of this triangle if I place a trend line here and move to the smaller time frame chart then you can see that at this level of $278 we have a lot of resistance a

Short-term resistance you can see that for several days it has been breaking as a resistance here before that it has been breaking as a support here and resistance here therefore again after this breakout from this triangle the price and got rejected and now it is about to retest the previous resistance

Of the triangle as a support and in today’s video we will analyze this move and I would also like to show you once again this huge breakout that is happened on the 7 Days time frame chart from a very very big falling wedge pattern I’ve been showing this falling

Vage pattern even before the breakout when it was testing this support here and so far you can see from this low to this High it has rallied more than 148% I was telling you that the target after the breakout can be here at the top of the wedge between $22 to $25 but

You can see that it has ried up to almost $45 and in today’s video we will also analyze this move as well but before starting this analysis if you’re not subscribed to my channel then do subscribe it and for more trading signals you can also join me and support

Me as a YouTube members or as a patreon members because there I’m sharing different trading signals for you and you can find the link to join me there in the videoos description I’ve shared and if you would like to see how my trading signals work then I’ve also

Shared the link for the trading signals report for the current month of fa 2024 in the video description you just need to open that report and if you would like to check or verify any trading signal like this is the trade setup for tres you just need to click on the link

For the trade setup and it will take you to the trading view chart and on this chart you can watch the complete trade set set up like this is the buying range and the sell Targets on and the stop loss and in order to see how the price

Line moved after sharing this signal you need to click this player button like I’m going to do here and after that it will show you how the price and moved up from the buying Zone and rallied to the sell Target Zone and this was a quite

Massive pump by the way now let me to take you to the live chart of Moon River this is the daily time frame chart and you can see first it was moving inside this falling wedge pattern at the same time we also found this uptrend line

Support as well this one and this was the formation of a symmetrical triangle at the same time it was also moving in a falling veg pattern and now we have recently broken out the resistance of this V but got rejected by this short-term resistance of $27.85 therefore uh in order to continue

This move to the outside we will still need to break out this resistance however uh if we take a look at the target for this breakout from this decent symmetrical triangle then Target for the breakout can be here that will be approximately $35.75 in that situation we can easily

Break out the resistance uh this short-term resistance of $787 and you can also set your stop loss below this support uh of the triangle this up trend line support now if we take a look at the weekly time frame chart then here we have already broken

Out a very big falling wage pattern but this previous support that was working as a very strong support in the month of May 2022 a $45 is now working as a very strong resistance you can see almost from exact uh from that support level the price line got rejected and it has

Tested this quite long-term support of uh $275 that was previously working as a resistance here in the month of August 2022 Now it worked as a nice support we had a long Spike to the downside but could not break it down and now it is geared up and now there is a probability

That soon we may uh see another attempt by the price line of Moon River to break out this resistance of $45 and after breaking out the $45 resistance I’m expecting that it can soon uh move to this very very strong long-term resistance of $100 before that it can

Break out this resistance of $70 that is not as that much strong like we have here at $100 resistance and after breaking out this $100 resistance we can expect another long-term rally because this $100 will be flipped into a very strong support like it worked as a resistance after the breakdown and the

Previous resistance $100 SS like that can be flipped into a strong support after the breakout this most update so far I hope that you like the analysis then do hit the like and do subscribe to the channel as well and for more trading signals you can also join me and support

Me as a YouTube member or as a patreon member because there I’m sharing different trading signal for you and you can find a link to join me there in the video description I’ve shared take care goodbye