MAGICUSD
Is #MAGIC About to Skyrocket? Key Demand Zone ApproachingYello, 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 resistance pattern. However, it's now on the verge of breaking out, especially if it taps into the critical demand level of $0.464. Should the price maintain strong momentum here, we could see #MAGICUSDT breaking through the descending resistance and targeting the major supply area at $0.94.
💎A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.
💎On the other hand, if #MAGICUSDT loses momentum and faces rejection at the supply area, we may see a bullish rebound from the lower strong support at $0.39-$0.43.
💎However, falling below this level could signal a prolonged bearish trend, and OMXTSE:MAGIC will keep moving within a descending channel.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
#MAGIC/USDT#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 100
Entry price 0.5000
First target 0.5560
Second target 0.6000
Third target 0.6575
MAGIC LOOKS BEARISHMAGIC 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 reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MAGIC will fluctuate a lotOn MAGIC, we have a diamond diametric, and it seems that we are now in the F wave of this diametric.
On the green box, it is expected that the F wave will end and we will enter the bullish G wave.
The target is a red box.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MAGIC is starting a strong uptrend, new ATHMAGIC looks very strong in the major timeframe. We can see that the uptrend is very strong and reliable. I am expecting the coin to hit an all-time high in a few weeks and a 288% profit in a few months. It's probably best to buy this coin right now, but you may want to wait for a small pullback. We can see that the previous downtrend ended with a descending parallel channel. It's always important to do an Elliott Wave technical analysis, and from my point of view, we have started this uptrend with a strong impulse wave (12345) and already made an ABC correction. Wave (3) should be in progress.
What Is Magic (MAGIC)?
MAGIC is the utility token that connects gaming communities in the Treasure Metaverse: a decentralized NFT ecosystem which sits on Arbitrum, one of Ethereum’s Layer 2 scaling solutions.
MAGIC is a cross-game currency that connects games, players, metaverses, and communities, all within Web 3.0. The token was launched in September 2021 so its community could buy and sell in-game NFTs on Treasure. It also acts as a reserve currency for Treasure’s metaverse.
Players can earn MAGIC tokens by gaming, mining, and participating in Bridgeworld, Treasure’s flagship game. Treasure now hosts twelve other games on its platform, some of which allow you to use and generate MAGIC tokens like in Bridgeworld. These include Beacon, a free-to-play fantasy action rogue-lite RPG; and Realm, a world-building and exploration game.
MAGICUSDT Good Buy!MAGICUSDT Technical analysis update
Buy zone : Below $1.285
MAGICUSDT price has formed an ascending triangle pattern. The price is nearing the resistance line, and a breakout could indicate potential upward movement in MAGIC.
Support : $1.175
Resistance 1: $1.38
Resistance 2: $1.60
Resistance 3: $2.00
Always keep Stop Loss
MAGIC/USDT LAST SCENARIOI would like to share the latest status of our chart and explain why I didn't enter at the previous levels of $0.76-$0.77.
Since my target for this coin is over 30%, my priority is to enter positions with minimal risk to safely carry the position. What caught my attention, thanks to my alerts, was the consistent approach to our initial levels without breaking through. Currently, it has established that region as a support level.
A break below that region would mean taking more than a 10% risk for me. Considering the target we have in mind, this isn't ideal. Those who wish can still enter from these levels gradually.
However, for me, entering from the green area starting at $0.65, as you can see in the chart, seems much safer.
With my alerts active, placing orders when it reaches that point and waiting for the targets to be achieved is the most prudent strategy. I hope we achieve maximum gains with minimum risk.
MAGICUSDT - Double Bottom Pattern!MAGICUSDT (1D Chart) Technical analysis
MAGICUSDT (1D Chart) Currently trading at $0.594
Buy level: Above $0.595
Stop loss: Below $0.5
TP1: $0.65
TP2: $0.75
TP3: $0.88
TP4: $1
Max Leverage 3x
Always keep Stop loss
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Just The Magic Idea!Hi traders...
BINANCE:MAGICUSDT CRYPTO:MAGICUSD KUCOIN:MAGICUSDT
⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices.
✅ Feel free to reach me out with any questions or recommendations. I am more than willing to assess and analyze any currency pair or index that piques your interest.
The MAGICUSDT IdeaCRYPTO:MAGICUSD BINANCE:MAGICUSDT
Hey traders..
The price is likely to rise to the first resistance zone (red zone), which is near the middle line of the channel. After hitting the middle line and making a few small swings, the price is likely to move up to the top of the channel, which is the second resistance zone (white area).
If the price fails to return to the channel and the pullback is not completed, it will move towards the support area shown in yellow. If the price declines, there is a possibility of a period of sideways trading between $0.4830 and $0.4550 on the high-frequency chart.
✅My opinion and suggestion is to enter a long trade above $0.4830 with targets of $0.5200 and $0.5850 after the pullback is completed.
⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices.
✅ Feel free to reach me out with any questions or recommendations. I am more than willing to assess and analyze any currency pair or index that piques your interest.
MAGIC ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MAGIC symbol.
This analysis is the diametric F wave of the big D wave of the previous analysis. In fact, this is a zoomed-in analysis of the previous analysis
Wave F from D, which is a diametric, has not finished yet, and I think we should move towards two announced targets from SWAP or OB.
Note: The structure of the previous analysis, which is 1D time frame, is valid
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MAGIC ROADMAP (12H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the MAGIC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MAGICUSDT, It's so magical !? 🪄Hello guys, Everything is explained on the chart for you like always. Magic is a new token in metaverse and gaming category. The price on the support after a heavy correction, I think that it can grow well in the next bull run.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
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Salam be doostan, hame chiz rooye chart baraye shoma moshakhas shode. Magic yek token jadid dar shakhe metaverse va gaming hast. gheymat baad az yek eslaah sangin bar rooye hemayat hastesh. man fekr mikonam ke dar harkat soodi badi bazar mitone roshde khobi dashte bashe. (tosiye maali nist). mitoonid tooye watch lsitetoon negah darid.
lotfan modiriyat sarmaye va risk dashte bashid.
moafagh bashid.
like va follow faramoosh nashe :)
MAGICUSDT IdeaBINANCE:MAGICUSDT BINANCE:MAGICUSD
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.