MAGICUSDT Resistance Breakout!MAGICUSDT (4h Chart) Technical analysis
MAGICUSDT (4h Chart) Currently trading at $2.17
Buy level: Above $2.16
Stop loss: Below $1.66
TP1: $2.6
TP2: $2.9
TP3: $3.2
TP4: $3.8
Max Leverage 2x
Always keep Stop loss
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MAGICUSDT
MAFIC Analysis (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SHORT/LONG 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
Simple yet juicyAfter Magic formed a rising wedge pattern the next logical step would be to bid the area of daily support as that would complete the retracement of the rising wedge formation.
Invalidation below $1.20
MAGIC token formed bullish Gartley for upto 24.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of MAGIC token with US Dollar pair.
Recently we caught more than 93% pump as below:
Now on a 4-hr time frame, MAGIC has formed a bullish Gartley move for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MAGICUSDT 4HMAGIC went through an accumulation period, ranging between 0.03714 and 0.04768 and soon started Elliot wave 1, formed 2 , 3 and is heading to finish wave 4 to explode to 5.
I'm watching MAGIC hold above the 200-day moving average. Which is $0.04310. This is a critical level, that is, a powerful support that we cannot leave unnoticed.
Here are the supports and resistances in the 4H:
Main support levels : 0.05379 /0.04768 / 0.04310
Main Resistance Levels :0.05884 / 0.06289
MM200: At the height of 0.04310
MAGIC is the currency of the Treasure ecosystem that serves as money between the metaverses within the common economic layer, it was designed to be increasingly scarce as it weaves an ever-growing web of narrative bridges within the Treasure metaverse ecosystem.
Magic Coin Price Prediction 0.87 Key LevelThis is a chart of the price of the Magic coin, presented on a weekly time scale. We've been tracking the Magic coin's price movements over the past few weeks, and have identified a key level of resistance that the price has recently broken through.
Based on our analysis, the Magic coin appears to have broken through a key level of resistance on the weekly chart, indicating that the market sentiment towards this coin is bullish. However, as with all investments, there are no guarantees and it is important to be aware of the risks involved.
Given this, if we see a dip in the price of the Magic coin back to the 0.87 level, it would present a good buying opportunity for those looking to invest in this coin. However, it's important to keep in mind that this analysis is based on past price movements and should not be used as a sole basis for making investment decisions. Other market indicators, economic and political events, and fundamental analysis should also be considered when trying to predict future movements of the Magic coin's price.
MAGIC token formed bullish Gartley for upto 26.50% pumpHi dear members , hope you are well and welcome to the new trade setup of MAGIC token with US Dollar pair.
On a 4-hr time frame, MAGIC has formed a bullish Gartley pattern for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade