💡Trade Idea #MAGIC/USDT:Formed Rising Wedge on the 1D Timeframe. Divergence, bearish pattern. #MAGIC has the potential to go lower.Shortby planfomoPublished 4
#MAGIC/USDT breaks the Diagonal Trendline in 1-Hour TF!#MAGIC/USDT breaks the Diagonal Trendline in 1-Hour TF! Wait for Diagonal Trendline retest to open a long position. OMXTSE:MAGIC breaks the PMH $.656 resistance level.Longby TraderAAGPublished 2
Magic Is Ready For Magic Again**Short Fundamental Analysis** MAGIC is the utility token of Treasure, a decentralized gaming ecosystem built on Arbitrum. MAGIC is used to purchase in-game items, participate in governance, and earn rewards. MAGIC is an ERC-20 token with a maximum supply of 347,714,007. As of November 20, 2023, there are 241,905,071 MAGIC tokens in circulation. **Recent News** * **October 31, 2023:** Treasure announces the launch of Bridgeworld, its flagship game. Bridgeworld is a play-to-earn game that allows players to earn MAGIC tokens. * **November 10, 2023:** Treasure partners with SushiSwap to provide liquidity for MAGIC. This will make it easier for users to buy and sell MAGIC tokens. * **November 17, 2023:** Treasure announces the launch of the Atlas Mine, a staking platform for MAGIC tokens. Stakers will earn MAGIC tokens as a reward for their participation. **Disclaimer** This is not financial advice. Please do your own research before investing in MAGIC.Longby MoonTradingForecastPublished 5
MAGICMAGIC double bottom Wait for a close candle above rectangle It's not a financial advice Always DYOR Longby SignalxBTCPublished 336
MAGICUSDT bullish magicusdt full bullish , 4 hour time frame , tp mentioned , trade according to your wallet. if you like my idea and make profit , just comment me , your comment motivate me a lot Longby mnrehmanpkPublished 0
MAGIC target 0.734h time frame - MAGIC just broke out the downtrend line. It is creating a bottom structure and retesting the support zone around 0.55. If MAGIC is doing the potential symmetrical, we can see it reach 0.73 soon, and there are higher targets. TP: 0.73 / 0.8 /0.9 SL: 0.525Longby EthanTWPublished 7
Long magicIt positive after breaking the resistance . Be careful bro in trading Longby ChartviewwPublished 6
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 Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughtsLongby GreenCryptoTradesPublished 229
MAGIC BULLISHMAGIC nice breakout on falling wedge on 1d, I will look out for long after double bottom formed at the breakout of the wedge hold above 0.595 after daily close for a bullish moveLongby alwayswin00tradesPublished 7
MAGIC Next Support & Resistance MAGIC Next Support & Resistance 0.4829 0.5465 0.6701 0.9086 1.5165 by lanky90Published 0
🚀 Magic USDT Long Signal - Awaiting the Perfect Entry at 0.4896🕒 Entry Strategy: Exercise patience for the optimal entry point at 0.4896 ⏳ 📊 Pair: MAGIC/USDT 📈 Position: Long 🎯 Entry Price: Wait for the opportune moment at 0.4896 🎯 🎯 Profit Targets: Target 1: 0.4977 Target 2: 0.5125 Target 3: 0.5323 Target 4: 0.5661 ⛔ Risk Management: Safeguard your trade with a Stop Loss at 0.4707 ⛔ This trade beckons for precision and rewards the vigilant. May the magic unfold in your favor! 🌠🔮📈💼🚀🌟Longby Bitxer_PKUpdated 4
MAGIC long dubble bottom and falling wedge! BINANCE:MAGICUSDT MAGIC froms a dubble bottom pattern and huge falling wedge! first taget 0.77 + 80% second 1.0 usd +134%Longby Butterfly_Crypto_TradersPublished 3
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.Longby Arash-RKPublished 1
Comprehensive Analysis of MAGICUSDT: Awaiting a Bullish ReversalComprehensive Analysis of BINANCE:MAGICUSDT : Awaiting a Bullish Reversal BINANCE:MAGICUSDT is currently trading close to its all-time low, presenting a potential buying opportunity. The Relative Strength Index (RSI) is signaling a massively oversold condition with a reading of 7.8, indicating a possible reversal in the near term. Additionally, a divergence is starting to manifest on the MACD, further suggesting a change in trend direction. In September, MAGICUSDT attempted a breakout, although it turned out to be false. However, this retracement could be a necessary step for market confirmation before a potential uptrend. The coin has witnessed a substantial decline over the past 6 months, shedding 68.70% of its value1. Despite this, the fundamental utility of MAGIC as a cross-game currency in the Treasure Metaverse on Arbitrum's Layer 2 scaling solution hints at its potential for growth2. Currently priced at $0.4299 with a market cap of $114,080,874 and a 24-hour trading volume of 37.66% $33,914,457, the token shows significant room for appreciation if market conditions favor. Entry Strategy: Entry: $0.43 Take Profit 1: $0.83 (Potential Profit: 93.02%) Take Profit 2: $1.11 (Potential Profit: 158.14%) Stop Loss: $0.38 Additional indicators suggest a mixed sentiment with Oscillators showing a neutral stance, while Moving Averages hint at a selling bias in the short term4. However, these technicals might shift with changing market dynamics. This analysis is purely for educational purposes and not financial advice. It's crucial to conduct your own research and consult with a financial advisor before making any trading decisions. Trade at your own risk!Longby xizha127Published 2
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. Longby Arash-RKPublished 0
MAGIC/USDT Technical Analysis: Potential for a Bull RunMAGIC/USDT Technical Analysis: Potential for a Bull Run Introduction: In the world of cryptocurrency trading, it's essential to keep a close eye on the charts and trends. In this technical analysis, we'll take a look at OMXTSE:MAGIC and its current trading position at $0.556. Chart Analysis: As illustrated in the chart, #Magic is currently trading near a long-term resistance trendline. This is a crucial point to watch closely as it may have significant implications for the future price movement. Bull Market Potential: If #MAGIC/USDT breaks upward and closes above the trendline, there's a strong possibility that Magic will enter a long-term bull market. This could potentially lead to substantial gains, with a target range of $5 to $10 in the next bull run from #MAGIC. Accumulation Opportunity: On the other hand, if the trendline proves to be a strong resistance and is rejected, it might present an excellent accumulation opportunity. In this scenario, we could see the price retracing to around the $0.3 to $0.4 level. Key Price Levels: Resistance Levels to Watch: $0.65, $0.80, $1.08, $2 Support Level: $0.45 Conclusion: The #MAGIC/USDT chart is currently at a critical juncture. A breakthrough above the resistance trendline could pave the way for a substantial bull market, while a rejection could offer a last chance to accumulate at lower levels. It's vital for traders and investors to monitor these key price levels closely to make informed decisions in this dynamic market. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Cryptocurrency markets are highly volatile, and it's essential to conduct your research and consult with a financial advisor before making any investment decisions. Thank you.Longby CryptoPatelPublished 339
Ready To See Some MAGIC?**Magic Coin (MAGIC) Fundamental** Magic Coin is a decentralized finance (DeFi) platform that allows users to create and manage their own digital assets. The platform is powered by the MAGIC token, which is used to pay for transaction fees and to participate in governance. Magic Coin is still under early development, but it has already attracted a significant amount of interest from the community. The platform has over 100,000 active users and has processed over $1 billion in transactions. **Magic Coin Recent News** * Magic Coin recently announced that it has partnered with Binance to launch a new fiat-to-crypto onramp. This will make it easier for users to purchase MAGIC tokens with fiat currencies such as USD and EUR. * Magic Coin is also working on a new decentralized exchange (DEX) that will allow users to trade MAGIC tokens and other digital assets without the need for a central intermediary. **Disclaimer** I am not a financial advisor and this is not financial advice. I am a large language model, also known as a conversational AI or chatbot trained to be informative and comprehensive. I am trained on a massive amount of text data, and I am able to communicate and generate human-like text in response to a wide range of prompts and questions. For example, I can provide summaries of factual topics or create stories. Please do your own research before making any investment decisions.Longby MoonTradingForecastPublished 117
finally magic breaking descending channel seems like has already bottomed out and getting ready for solid recovery formed and breaking descending channel expecting breakout soon incase of successful breakout expecting massive recovery in midterm expecting 200% bullish wave in midterm incase of successful breakout Longby WorldofchartsfxPublished 4
Magic/usdt longmagic is on trend line and magic can break that. you can setup long position after that break. first target : 0.77$ now: 0.56 Enjoy of trade :)Longby Erfanss79Published 110
MAGIC invert Head and ShouldersMAGIC UPDATE: MAGIC created inverse H&S on daily TF and broke out from it already from the neckline with a good retest. What I’m waiting for is MAGIC to flip resistance to support at 0.5854 so we can take a good long to the daily resistance above where the imbalance is at 0.7177…. Don’t rush into longing it yet Wait for daily to flip above the mention price…. Follow me for more alts update by MICHELXMPublished 3
Keep an eye on #MAGIC/USDT Diagonal Trendline in 4-Hour TF!Keep an eye on #MAGIC/USDT Diagonal Trendline in 4-Hour TF! Wait for Previous Day Low $0.542 and zone breakdown to short $MAGIC. The major resistance level is PMG $0.5780.Shortby TraderAAGPublished 1