BINANCE:MAGICUSDT COINBASE:MAGICUSD ] Hello Traders 💥Long position on MAGIC SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.3587 0.3683 0.3789 0.3915 🔴SL: 0.32 🧐The Alternate scenario: If the price stabilizes...
MAGICUSDT Technical analysis update. The MAGICUSDT price has formed a bearish flag pattern on the 4H chart. Price broke below its support trendline, a 10-20% price drop is anticipated before a potential upward movement Regards Hexa
Yello, Paradisers! Are you ready for the next big move in #MAGIC? Let's dive into the latest analysis of the #Treasure and find out what will happen next: 💎#MAGIC is currently trading in a descending channel, but the price is approaching a key demand zone, setting the stage for a possible bullish breakout. 💎Right now, #Treasure is adhering to a descending...
MAGIC ~ 1W #MAGIC The decline occurred already -80% from the highest peak. It's time to start accumulating again, with a short term target of at least 20%+ from here.
#MAGIC The price is moving within a descending channel pattern on the 4-hour frame and broke it upwards after adhering to it significantly We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it We have a major support level in green at a price of .450 We have a trend to dot above the moving average...
MAGIC seems to have formed a large diametric which is now in the middle of wave D of this diametric. The green range is expected to support and pump to form wave E. Closing a daily candle above the invalidation level will violate the analysis TP 1 is also an important support. For risk management, please don't forget stop loss and capital management When we...
OMXTSE:MAGIC 1D chart; The first thing that catches our eye is that the price is back to the December 2022 level where it was listed The highest level it has ever seen is 5x It is currently in the bargain zone and it is possible to say that the price is working strongly at the lowest support level of $0.4142 As long as it does not lose this place, there does...
MAGIC ~ 1W #MAGIC The decline occurred already -80% from the highest peak. It's time to start accumulating again, with a short term target of at least 20%+ from here.
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In the new data, magic shows interesting views and patterns for volume increase. We will follow the trend to see if it's able to break in the coming time frames
The price action around the 0.67 cents level seems to be weakening, indicating a possible break of this support area. This could lead to a correction to the level of 0.57 cents, representing a 15% decline. And if the downtrend line is broken, this analysis was inconclusive and you can wait for a buy position to enter. This analysis is based on technical...
So, this is a slightly different look of another chart. Basically, we might be seeing this play out in real time. This pattern is scary where the price currently sits. and to where it can head. What is the pattern? Trace 2018 to Covid and then into recovery and correction. Bring that to the current move, pattern, wave... whatever you want to call it. It's...
◳◱ On the $MAGIC/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00001556 | 0.00001876 | 0.00002474 and support near 0.00000958 | 0.0000068 | 0.00000082. Entering trades at 0.00001324 could be strategic, aiming for the next resistance level. ◰◲ ...
💎 The recent market dynamics surrounding #MAGIC have indeed been quite notable. Presently, MAGIC has bounced from the support level area, but there's a possibility it may undergo another round of testing at the support. 💎 For MAGIC to regain bullish momentum, it needs to successfully bounce and breach the resistance level around $0.95. 💎 Should MAGIC manage to...
◳◱ On the $MAGIC/ CRYPTOCAP:BTC chart, the Bband Breakout Super-Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00001628 | 0.0000179 | 0.00002071 and support near 0.00001347 | 0.00001228 | 0.00000947. Entering trades at 0.00001586 could be strategic, aiming for the next resistance...
MAGIC broke through the resistance level and the descending trendline. The bullish movement to $1.23 is expected to happen.
💎 Paradisers, #MAGIC has recently undergone notable market dynamics. Currently situated at a critical support area, #MAGIC awaits validation through a bounce, which could set the stage for a breakout above the key resistance level at 1.195. 💎 Breaking above this resistance is pivotal for the next phase of the movement. If #MAGIC successfully breaches the...
In the daily time, it is in a strong support zone. In my opinion, it is more suitable to buy in the green points so that it does not break the upper lines.