Technical analysis by Crypto-Qaisi about Symbol MOVR: Sell recommendation (1/16/2024)

On daily chart it is clear that MOVR is forming a rising wedge which will take the price down to $13 - $15 area. Also as BTC is expected to drop to $38000 with drop of around 13% this will sure push MOVR down to 35% - 50%.MOVR is moving down as expected. ( Next Entry $13 - $15 ) but I am expecting it will reach $8 if BTC had a vertical Drop to $35000