#MAGIC/USDT#MAGIC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking strongly upwards and retesting it.
We have support from the lower boundary of the descending channel, at 0.1560.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.
There is a major support area in green at 0.1555, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend to hold above the 100 Moving Average.
Entry price: 0.1600.
First target: 0.1640.
Second target: 0.1677.
Third target: 0.1719.
Don't forget a simple thing: ease and capital.
When you reach your first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
Magician
#MAGIC/USDT#MAGIC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking strongly upwards and retesting it.
We have support from the lower boundary of the descending channel, at 0.1474.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.
There is a major support area in green at 0.1700, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend to hold above the 100 Moving Average.
Entry price: 0.1800.
First target: 0.1837.
Second target: 0.1900.
Third target: 0.1958.
Don't forget a simple thing: ease and capital.
When you reach your first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#MAGIC/USDT Falling Wedge + Fib Confluence #MAGIC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking strongly upwards and retesting it.
We have support from the lower boundary of the descending channel at 0.1620.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 0.1662, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend to hold above the 100 Moving Average.
Entry price: 0.1780.
First target: 0.1827.
Second target: 0.1905.
Third target: 0.1962.
Don't forget a simple thing: ease and capital.
When you reach your first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#MAGIC/USDT#MAGIC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We have a bounce from the lower boundary of the descending channel, this support at 0.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.
There is a major support area in green at 0.1670, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend to hold above the 100 Moving Average.
Entry price: 0.1700
First target: 0.1780
Second target: 0.1872
Third target: 0.1980
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#MAGIC broke above the resistance!#MAGIC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bounce from the lower boundary of the descending channel. This support is at 0.1160.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 0.1143, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend to hold above the 100 Moving Average.
Entry price: 0.1181
First target: 0.1210
Second target: 0.1239
Third target: 0.1293
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#MAGIC/USDT#MAGIC
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.1533, acting as strong support from which the price can rebound.
Entry price: 0.1560
First target: 0.1611
Second target: 0.1667
Third target: 0.1750
#MAGIC/USDT#MAGIC
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.2045, which acts as strong support from which the price can rebound.
Entry price: 0.2060
First target: 0.2097
Second target: 0.2131
Third target: 0.2180
eye see 4050 spx /^\i want to start this off by doing a quick update on my market aproach since its has been over 7 months since my last post.
these ideas that i will share over time will be like a gift from god. over the coming months i will try to show proof that spx and all markets run off one cosmic time with the price being set into the equation a minimum of two swings before it happens. when this pattern is played in the market some people call it harmonics, some call it s&r, or just simple chart patterns due to various external reasons. what everybody is missing behind all the patterns is the why ?
why does price make a harmonic at a certain level when did price know it wanted to make the pattern. when did price decide the time in which it will move? is price actually restrained to the time limits we put upon it? what controls price amongst all things? all these will be answered over the daily signals i will drop starting today until 7/7/23 i will share a minimum of 3 ideas a week with a 90 percent accuracy.
now to explain this trade i will start from the point at which u see the 54 angle is given this level serves as the target for the upside within price this. this is to be continued until completion . as we are now two days within price pacakage at 75 we will see chaos erupt in the form of traps . look for ideas to form every every 3 days . every swing produces 2 key signs before price awakens. 1 point gives three point the last point being the tru shift in time and price. the last point is always hidden in a void of confusion. this is where the weaker hands are taken out by the flow of order. once price has gathered enough energy in the form of currency it will break from its rest in a hurry only to draw new players in. the impatient becomes food for price. the ones who observe and mark its tracks are the ones lucky enough to ride its waves.
ps price swings in 5s no higher then 6
Bitcoin - Are we going up or down - let me give you the answer. It is simple but I have to admit that sometimes it's hard to tell. The best thing to do to make it easy on you is to chart BTC in multiple timeframes. Alts can give you the impression that the bottom is in because they begin to creep up while BTC ranges or it moves up slightly. Right now it is clear that BTC (The Supreme Leader of crypto) is on a downtrend still and it is easy to see why. As long as BTC does not pop over my thick red downtrend line we are still going down. There are also clues as to what's going to happen short and long term, I am not a psychic nor am I trying to guess the lowest point to get in. The point of trading is to find a safe place for you to make money. You have to change your mindset that in one move you'll get rich. I have made money taking 5 to 7 big bets per year, how? By buying at or around the bottom or after we get over a resistance point. In perspective where is BTC right now? At the very top of the downtrend channel. Indicators are showing a down move soon but it may also go up. SO what should you do? Wait and see if it crosses my redline and also how it crosses the redline -- with energy and volume or in a weak manner.
We are currently looking at the 12h timeframe showing an early death cross, a death cross is when the yellow line (the 50MA) crosses below the black line (the 200 MA). Recovery from this event is almost never quick, so with this knowledge, you simply stay out and wait. Another clue is that we are at the top, it will have to make a choice to either go over the redline (unlikely) or go down (Likely) or range and exit the triangle (likely).
Let's look at the 1D timeframe. In this chart, you can see that BTC's price is at the very top of the channel which is not a good place to buy. It is also far away from the 200MA (which historically) any asset in general, wants to be near the 200MA which in this case it means a drop.
This timeframe is my secret weapon -- the long term view. In here you can see that we are very far away from the 200MA and also at the top of a trendline/channel line that has been impossible to go over for a long time. If BTC makes it out of the redline it's time to sit up and pay attention. So what exactly is my strategy? Simple, to wait until we get low enough to make it a low-risk entry point. If we hit my entry points of the 50MA or the 200MA in the 3D I will be very happy to jump in. To be clearer, my entry points are marked by green X's.
THE TREND: Going down.
THE OUTLOOK: Unsafe to buy BTC.
Be safe and follow me to stay ahead of the curve.