Magic Most Probably Magicusdt
Most probably magic price will touch uooer trendline resistance incoming days
Risk Under Your Control always trade with your own research
MAGICUSDT.P trade ideas
MAGIC | Massive Ascending triangle !#MAGIC/USDT
- The price is above a very clear trend line that pushed the price up and give us a bullish signal.
- but maybe there is a room for a possible pullback before testing the upper resistance line of the triangle or even break the triangle up.
🟢Entry price: from 1.46 to 1.4
🎯Targets:
|> 1.57
|> 1.74
|> 1.99
|> 2.16
🔴Stop-loss: Daily candle closes under 1.24
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 1.92%
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if you missed! here are some of our recent Altcoin trades that are available to enter :
APT USDT | Triangle Breakout !!
ACAUSDT | ready for a bullish impulse
#COCOS/USDT | full details trade!
MANA | The breakout of a bullish flag !
FILUSDT | expecting the rally with the top around HKEX:8
MAGIC USDT PERP I have retested to go up on the 1 hour time frame,
but I want to net in the 1 hour support
area to retest the 2x area
entries 1.4561 - 1.4152
stop loss 1.3424
I hope you can just use small
leverage because the stop loss
is quite far for swings
BINANCE:MAGICUSDT.P
MAGICUSDT IdeaBINANCE:MAGICUSDT
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
MAGIC token formed bullish Gartley for upto 10.50Hi dear friends, hope you are well and welcome to the new trade setup of MAGIC token with US Dollar pair.
Our last successful trade of MAGIC was as below:
Now on a 4-hr time frame, MAGIC has formed a bullish Gartley move for another price reversal.
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
MAGIC formed Triangle Pattern MAGIC formed Triangle Pattern
Wait for Breakout/Breakdown and Retest before Long/Short
#MagicIn an ascending cycle, it has broken CHOCH and is in the process of flooring the demand area up to the middle of the 4-hour ascending channel.
MAGICUSDT.P pullback to neckline Inverse Head and shoulders.MAGICUSDT.P pullback to neckline Inverse Head and shoulders. Perfect position to re-enter for a long.
MAGIC INVERSE HEAD AND SHOULDERSMAGIC broke out on 4h time frame and ready for move to 1.6 region
'DYOR
MAGICUSDTMagic lost an important support and the support turned into resistance. It showed a reaction to the resistance and continues the downward trend. In my opinion, the price will soon reach 1 dollar and maybe even lower.
⚠️This is not a financial advice and only My personal opinion
MAGICUSDT - SHORT term correction in the coinLooking for a quick short scalp here.
Entry and exits are in the chart.
TP1 - 1.7
TP2 - 1.6
TP3 - 1.46
#Magic Waiting for confirmation of shorts positionPossible path of movement. In the current region, if it rises to the region of 1.68, it will return with confirmation and enter the short position until the region of 1.02.
MAGIC BullishIt is a candidate to leave positive before the big bull run and live its own bull. Low supply, high probability of gain.
MAGIC CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
MAGIC in the Middle of a Strong Bull RunMAGIC is currently experiencing one of the strongest bull runs in the whole market. Let's see why!
What is MAGIC? MAGIC is a utility token used as a cross-game currency to connect gaming communities in the Treasure Metaverse, a decentralized NFT ecosystem on Ethereum's Layer 2 scaling solution. It launched in September 2021 and serves as a reserve currency for the metaverse. Players can earn MAGIC tokens through gaming, mining, and participating in Treasure's games, including Bridgeworld, Beacon, and Realm.
MAGIC's Crash and Recovery
Unfortunately, like many other cryptocurrencies, MAGIC had a terrible year in 2022. It lost almost 97% of its value, which was one of the worst declines in the industry.
However, after the November market crash, MAGIC's price began to turn around and slowly started a bull run. From November 2022 until the February 17, 2023, the token gained over 1,000%, which is one of the biggest rallies seen for a top 100 market cap coin. Despite this rally, the coin is still 65% below its all-time high, which was reached in February 2022.
MAGIC Respects its Support and Resistance Levels
One interesting feature of MAGIC is that it is one of the few altcoins that actually respects its support and resistance levels. Most altcoins go right through their previously established zones. However, MAGIC is different in this regard and is more likely to bounce off them. This means that technical analysis can be more reliable when trading this cryptocurrency.
MAGIC's Current Price Action
MAGIC has recently bounced off of the $1.00 support and is currently heading toward its current resistance at $2.25. If the price breaks above this level, it will probably head towards the next resistance at $3.50.
Bottom Line: While MAGIC experienced a rough year in 2022, it has since shown signs of recovery and is currently in the midst of a significant bull run. Its unique feature of respecting its support and resistance levels may make it an interesting choice for technical traders.
magicusdt big shortIn my opinion, this share can experience a huge decline with its structure name is big short
MAGIC CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
AnalysisJust my Technical Analysis for MAGIC. H4 time frame suggests that price is going up > lower time frames (H1&M15 going bearish for now). Insights for Magic will be to long as the market shows.
Below are my POI ( point of interests, where i would place my orders either for spot or futures) invalidation would be if we break the low in D1 time frame.
Magic Short IdeaWill try to short the market here, will enter at the rejection candle at M15. Risky trade to short right now, but i will see my plan through. Key levels plotted below for possible Take Profit.
Much better for market right now to break structure in lower time frames to validate my trade outcome more.
MAGIC : UPCOMING TRENDThe upcoming trend for MAgic, the trend will show it this coin is able to gain the next levels as the chart shows the coming time.
For day traders it's always good to take TP in steps when the trade is into green
Some levels are for the long term.
Front Test Long: MagicI already set up Order blocks, and used the Fib tool for support and resistance. Saw earlier that Magic retested in the major descending channel after it broke out the minor ascending channel it would retest in the middle section of the major descending channel and has an bullish ob. Targeted the bearish ob turned into supply and demand as a target around (1.4120). Then again follow 10-20 percent for Discipline in TP.
Harmonic Crab Long on MagicA Crab Harmonic pattern is detected on Magic coin targeting the top PRZ level
