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...
entry: 0.6910 sl:0.6832 tp1: previous high tp2 - 3: as greed allows you
💎 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...
MAGIC broke through the resistance level and the descending trendline. The bullish movement to $1.23 is expected to happen.
Magic usdt is tapped on supply and make a quick supply reaction. Now you can take risk at 1.0535. and Target can be 1.0089. Best of Luck
💎 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.
#MAGIC The price has been moving in a bearish flag since last March That flag was broken higher and the Moving Average 100 was broken Current price 0.9373 The first goal is 1.06 The second goal is 1.55
💎 Paradisers, it's time to cast our focus on #MAGICUSDT, as it's currently displaying indications of a bullish continuation from its present demand zone. 💎 From our previous observations, #Magic has shown a pattern of making an equal high trajectory followed by a decline. Currently, it's showing an increased likelihood of a bullish move from the demand level at...
Magic already makes a cup and handle pattern so wait for breakout
MAGIC will playout hare after consolidating in huge time bounded rectangle. Target should be around 2.0 and stop-loss should be around 1.2 stay away from high leverage and FOMO. NFA & DYOR
Here is an analysis of Magic on 4 Hour time frame. Expect the targets as per the chart. DYOR NFA
Magic is on the cusp of a critical resistance level at $1.4973. While the price recently established a new high, a potential bearish signal is emerging from the Relative Strength Index (RSI). Technical Analysis: Resistance: $1.4973 Support: $1.2646 (Daily: $1.2613, Monthly: $1.0208) Relative Strength Index (RSI): Bearish Divergence (New price high,...
MAGICUSDT: Bullish Potential on the 15m Timeframe TP1: 1.3081 TP2: 1.3166 TP3: 1.3660 Technical Analysis Summary: My technical analysis of MAGICUSDT on the 15-minute timeframe suggests a bullish bias, indicating the potential for price increases. Supporting Indicators Mixed Signals with Bullish Lean: While some indicators are neutral, a majority lean towards...
MAGIC bullish. Breakout of residence Pullback from trendline
On 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...
Current Level: MAGIC is at support, residing at $1.23. Brief Wick Down: MAGIC briefly wicked down to $1.10. Targets: The next objectives are set at $1.46 and $1.57. Confirmation: Aiming for confirmation with a break and hold above $1.36. 📈 Trading Strategy: Action: Monitor for confirmation above $1.36. Targets: Consider objectives at $1.46 and $1.57. Risk...
I'll observe and await a correction. We're seeing trading and accumulation on the daily timeframe with volumes and support. It seems we'll have to wait a bit longer until the RSI fully unwinds. However, the BTC consolidation allows for funds to flow from it to altcoins, which are currently showing more growth. - Not financial advice, trade with caution. #Crypto...