On the above 3-day chart price action has corrected a massive 90% since late November. A number of reasons now exist to be bullish:

1) The ‘incredible buy’ signal prints.

2) Regular bullish divergence . Seven oscillators are printing bullish divergence at this time including MACD over a 15 day period.

3) Points 1 and 2 are also true for the BTC / MOVR pair as shown on the 2-day chart below.

4) On the daily chart (bottom) there is clear volume divergence. I don’t know why money is pouring in, someone knows something I don’t.

Is it possible price action falls further? Sure.

Is it probable? No.

1st target $180

Good luck!

WW

2-day MOVR/ BTC

1-day dollar chart