F meet kevin & all them Diddy boysThis could happen. I f with Chico crypto non meet kenin'z B a
Also no financial advice.
NEVER ANY FINANCIAL ADVICE HERE
Spellusdt
SPELLUSDTSPELL ~ 1W
#SPELL If you have Conviction on this coin., this support block would be a very good buy for now.
SPELL with huge interest and volumeSPELLis is very strong here as you can see huuuge volume spike. It can run tomorrow or next week while USDT dominance will drop which is good for another leg up. I am watching this closely.
Always manage your risk and use stoploss. It is not financial advice.
Bullish on $Spell Spell token is starting to recover and is now in a bullish trend before a small pullback.
Wouldn’t be crazy to think that this token could knock off a zero in the coming weeks, idea outlined.
#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
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.
Spell's UpdateChart is clear.
Not valid only if it delisted but i don't think so.
DYOR & DCA.
Good Luck.
SPELL Token --- Potential for a Inverse head & shoulders to formDCA buying in the right shoulder area
could be prove to be fruitful
when we get out general Altcoin rally
The investment thesis is quite simple
people will see that Fantom might be trading at a $1.50 soon enough
And think damn , I missed a 10X
what can I buy in the fantom the ecosystem to catch up that 10X
So they venture further down the risk spectrum
And find spell, spookyswap, tomb etc
You get the idea don't you
It's the same with people seeing BTC trade at 80K and thinking damn I missed that train what else can I buy???
#SPELL/USDT#SPELL
The descending triangle has been broken since July 2023
The downtrend was retested again before completing the rise.
The first goal is 0.000800.
The second goal is 0.001070.
A correction is expected after the first goal.
This bullishness is supported by oversold conditions on the MACD.
It is also supported by a moving average of 100 upwards.
SPELL/USDT Indicating continue upward movement after retesting.💎 SPELL has recently encountered significant developments in the market. Currently, it has broken out of the key supply area, indicating the potential for a retesting phase at the demand area of around $0.198 before resuming its upward movement and probability of reaching our target area.
💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for SPELL. However, if SPELL breaks down below the demand area, it would indicate a shift to bearish sentiment, with the next target being the support area.
💎 At the support area, for SPELL to continue upward, it needs to reclaim the level above the demand area. If this scenario fails, the price may continue to decline further.
$Spell MoonSpell had broken out of a falling wedge and finished it's accumulation phase. Targets are as outlined, good luck to you all!!
SPELL/USDT Potential Continue the Upward after perfect breakout!💎 SPELL has recently demonstrated notable market dynamics, breaking significantly out of the descending channel pattern.
💎 Currently, it is consolidating sideways on the demand zone, previously the supply area. There's probability for the price to bounce from this demand zone and resume its upward movement, with the next target being the bearish OB area.
💎 However, if SPELL fails to bounce and breaks down below the demand zone, the price may retreat to the Bullish OB area around the 0.00464 level, seeking new momentum for a bounce.
💎 Historically, the Bullish OB area has proven to be significant, consistently prompting substantial bounces when tested. However, should this area break down, confirming bearish momentum, the price could continue its downward trajectory, potentially reaching lower levels.
SPELL/USDT Could SPELL bounce and back to upward movement ??💎 SPELL has recently demonstrated significant market dynamics. After facing a strong rejection at the supply area, there's potential for the price to undergo a downward retracement towards the support area.
💎 This retracement could provide the necessary momentum for another attempt to break out. If SPELL successfully breaks above this support-turned-resistance level, it probability could pave the way for further upward movement toward our target area.
💎 However, it's crucial for SPELL to bounce from the support area during this retracement. Failure to do so could signal weakness in the bullish momentum, potentially leading to a breakdown below the support area and a continuation of the downward movement towards the demand zone.
💎 The demand zone serves as a critical level for SPELL's bullish outlook. If this area fails to provide support and the price breaks below it, it could indicate a shift in sentiment towards bearishness, leading to further downward movement.
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.
Top Gainers: SPELL 60%SPELL/USDT Trendline Breakout (Daily Chart).
What is Spell Token ?
Abracadabra.money is a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD pegged stablecoin, that can be used as any other traditional stablecoin.
Investors:Arbitrum Foundation
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
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 ANALYSIS (1D)SPELL tends to end the G wave of this diametric. If this diametric is finished, upward movements of the SPELL will begin.
It can be pumped by maintaining the green range. Two TPs are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
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
Oh oh it’s magic, you know… never believe it’s not soSpell is a new one for me but the probability looks decent. We’re seeing a push to the upside with 18% gains in 24hour.
Keeping an eye on the $0.0009 mark next stop $0.001 pretty intense stuff if this moves to 1/10th of a penny, but we will see how the market moves, currently volume is picking up and decreasing volume is still moving upwards so all is looking good, keep in mind it’s good for a few % scalps or heavy pullback can occur.
Good luck and have fun with it
SPELL#SPELL/USDT
HTF, like all alts at the moment, the coin looks bullish
Locally, there is strong resistance at the level of $0.0006992, where it is very important to see the consolidation by the Daily candle, then the coin will be able to quickly continue to grow to the next values on the chart..
If the coin does not close above $0.0006992, then there will most likely be another test of the lower levels
SPELL at a Crucial Juncture: Retesting Head and Shoulder PatternSPELLUSD 1W finds itself in a pivotal moment as it undergoes a retest of the head and shoulder chart pattern.
SPELL - Waiting DWF Labs put itNo pain, no gain
You can say that again
We'll cross that bridge when we come to it
An interesting situation! for SPELLAn interesting situation!
The approximate bottom of the price has been reached
Reached the good area of the buy order block
We have price divergence and RSI
