Spelltoken
#SPELL/USDT#SPELL
The price is moving in a descending channel on the 12-hour frame, about to break upward
With a strong support area in green at 0.0007000, the price has already bounced from it
We have a trend to touch the Moving Average 100
We also have a downtrend on the RSI that has been breached upward
A moderate rise is expected over 3 levels
Entry price is 0.0008440
The first goal is 0.0009613
The second goal is 0.001150
The third goal is 0.001274
The Magic $Spell decision line. MAKE OR BREAK?COINBASE:SPELLUSD token has been what I can call the gem hidden in plain sight, they are non-US based liquidity platform. They battle through so much including the war in Ukraine, which is obviously still on going. At one point they have over SEED_TVCODER77_ETHBTCDATA:1B in TVL, the team has never waived the white flag and pressed on to deliver everything they can to the community that has instilled so much trust, Romi is a master of his craft. If you believe in the founders of something, you better invest with them.
I love $spell and its future.
Looking at the chart here, you see that anytime it has hung around this line, it's made a decision to go up or down. Based on its recent bullish signal and reversal based on the bottom arrow, I see Spell headed back up to where it belongs, respected with the rest of the crypto community for what they provide.
Spell Token (SPELL)Spell Token is a reward token associated with abracadabra, a lending platform that uses interest-bearing tokens as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral they decide to use.
Anyway, it is clear that SPELL has changed direction from downward to upward. It seems that SPELL is making a Cup and Handle pattern; if true, considerable growth is expected. Let's see what happens.
SPELLUSDT(Spell Token) Daily tf Range Updated till 24-02-24SPELLUSDT(Spell Token) Daily timeframe range. it had a decent pump, failed to break 0.0010707 twice. trying to stay above 0.0007434 which will be good for it if it can. breaking clean 0010707 would give it more potential but for now it needs volume for that.
SPELLUSDT Descending ChannelSPELLUSDT Technical analysis update
SPELL price exceeded the resistance line of a descending channel pattern on the day chart, accompanied by high volume. While this could indicate potential upward movement in the coming days
Buy level: Below $0.00070
Stop loss : $0.00057
Regards
Hexa
#SPELL/USDT 1D (ByBit) Faling wedge breakout and retestSpell Token regained 50MA support and is pulling back to demand zone where a bounce towards 200MA resistance seems likely.
⚡️⚡️ #SPELL/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.5X)
Amount: 5.1%
Current Price:
0.000433
Entry Zone:
0.000434 - 0.000406
Take-Profit Targets:
1) 0.000499
1) 0.000558
1) 0.000617
Stop Targets:
1) 0.000354
Published By: @Zblaba
$SPELL BYBIT:SPELLUSDT.P #SpellToken #MIM abracadabra.money
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.0% | +82.1% | +117.3%
Possible Loss= -39.3%
Estimated Gaintime= 3-9 weeks
SPELL USDT BREAK OUT CONFRIMATIONI think area retrace at 0.00176-0.0186 $
and correction break down to 0.00095-0.00096$
and you can all in buy hold till 0.011$ TP all and rich
SPELLUSD strong bullish break-outThe Spell token (SPELLUSD) has recently broken above the Channel Down pattern that it's been trading in since December 27 2021. Yesterday it made another big bullish break-out as it broke above the 1D MA100 (green trend-line) for the first time. Ideally we would like to see a 1D candle close above it and the 0.382 Fibonacci retracement level as well but with the 1D MACD invalidating a Bearish Cross that was previously seen on the Channel's Lower Highs, we expect this to be the decisive move to start a long-term bullish trend. We are targeting the 1D MA200 (orange trend-line) on the short-term.
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spell usdt new era coming soon...Speel is about to complete a long downward trend.spell ready to take off.
not financial advice.
Spell big bull comingCross the pink line great time to watch for a big runner up. Stable resistant at the .006 this coin did a run today to the .008. Big investors locking up the coin before taking off. Great target $.03-$.10 This coin is similar to doge coin with 3x less amount of coins. Very high % of pulling to the up side. MACD is crossing, RSI did a over sold to the 16 rsi.
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Been doing crpto analysis for over 9 years
SPELL TOKEN spellbtc pair divergence in 4H spellusdtSPELL TOKEN spellbtc pair divergence in 4H spellusdt
SPELL - approaching stronger buy zonesSPELL is down almost 20% since it breakout to the down side.
BTC initiate current selloff on market, as usual. SPX is also down, retesting previous breakout level.
My next buy orders are at green boxes at 0.5 and 0.618 Fib. retracement. I already bought some smaller allocation.
If BTC closes under 42k we might see some massive selloff on market.