Introducing MAGI - Step Change in a Long Term Trend | $XMGMagi looks to be one of the many new comers ready to take on 2018.
I'll be keeping an eye on this one as more data is needed.
Magi
Magi XMG BTC Forecast - Huge PotentialFollowing the surge in price which continued till the first week of January 2018, XMG failed to hold on to the 0.5 and 0.382 fib lines. Chart shows a triple bottom which failed to hold and consequently led price to fall on the last fib line at 0.236 which is at 6800.
What's interesting about this chart is that even though chart is in bearish trend there were multiple circumstances where 20% gains could be made from 0.5 fib line till near peak of multiple waves. The yellow arrows all indicate at least 20% gains.
XMG has a big announcement on 1 February 2018 which should start a price rally up to the expect target at the very least. Buy the rumour, sell the news should be applied here especially if price hits target and you're a short term trader. If you are adventurous try selling half the investment pre-news and ride the rest. If news doesn't hype the price sell all and if the news is excites the flock... well you know what to do.
When XMG released their wallet the price rocketed by nearly 300%. Imagine the news is as big as the release of their wallet. This coin could go large!
This is not an investment advice, always do your own research.
The continue my prediction on Coin Magi XMGAccording to my prediction from yesterday, we will see a for sure an increase in Coin Magi XMG.
Here you can see my post from yesterday.
steemit.com
#XMG through the end of the year.I see two possible scenarios , one in BLUE and one in AQUA, but both good moving into the new year.
XMG Possible Bottom Found: Late EntryBITTREX:XMGBTC is one of those coins that has the tendency to spike when BTC consolidates. It's almost a habit now but I always scoop some up when the price drops below 3000 because of the strength of support at the 2900-3100 level. UI'm not able to share all my trades as they happen but this is one that is still in the early stage. Bottoming on the daily (thats sort of my MO) and testing the middle Bollinger band. This is a midterm hold and as always, tight stop (2900 suggested).
Entry: 3100-3500
TP1: 5000
TP2: 6500
TP3: 8000
Happy Trading
Bitcoin (BTC): Bitcoin vs SaturnI dabble in astrology a bit. recently I did a study on certain clashes and conjunctions. here are the examples of when saturn is not effecting bitcoins natal chart against the trading day and what the results look like.
there has only been one instance of a draw down as all other times were buys at the bottom or just as accumulation was breaking out.
