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Magic

🔮💰 MAGIC Support and Targets! 📈🎯Current Level: MAGIC is at support, residing at $1.23. Brief Wick Down: MAGIC briefly wicked down to $1.10. Targets: The next objectives are set at $1.46 and $1.57. Confirmation: Aiming for confirmation with a break and hold above $1.36. 📈 Trading Strategy: Action: Monitor for confirmation above $1.36. Targets: Consider objectives at $1.46 and $1.57. Risk Management: Pay attention to support and resistance dynamics. 🌐 Note: Be vigilant for price confirmation and market trends! 🚀🔍 #MAGIC #CryptoAnalysis #SupportTargets 📊💱
Long
by Richtv_official
MAGIC is starting a strong uptrend, new ATHMAGIC looks very strong in the major timeframe. We can see that the uptrend is very strong and reliable. I am expecting the coin to hit an all-time high in a few weeks and a 288% profit in a few months. It's probably best to buy this coin right now, but you may want to wait for a small pullback. We can see that the previous downtrend ended with a descending parallel channel. It's always important to do an Elliott Wave technical analysis, and from my point of view, we have started this uptrend with a strong impulse wave (12345) and already made an ABC correction. Wave (3) should be in progress. What Is Magic (MAGIC)? MAGIC is the utility token that connects gaming communities in the Treasure Metaverse: a decentralized NFT ecosystem which sits on Arbitrum, one of Ethereum’s Layer 2 scaling solutions. MAGIC is a cross-game currency that connects games, players, metaverses, and communities, all within Web 3.0. The token was launched in September 2021 so its community could buy and sell in-game NFTs on Treasure. It also acts as a reserve currency for Treasure’s metaverse. Players can earn MAGIC tokens by gaming, mining, and participating in Bridgeworld, Treasure’s flagship game. Treasure now hosts twelve other games on its platform, some of which allow you to use and generate MAGIC tokens like in Bridgeworld. These include Beacon, a free-to-play fantasy action rogue-lite RPG; and Realm, a world-building and exploration game.
Long
by Xanrox
7
LAD, LET'S GO DODGERS I'm going to remain fairly neutral in my analysis because I'm not sure where this goes. There are support trends but they all lead down in price. Indicators could use a slight price correction, but will then be in alignment for a move to the upside. Click on the notes to view labeled stuff. price targets are labeled 390 is the high and the low is around 170 That last trend is strong, but a long term trend. If it slips under during a "crash" and drops low, buying into that dip could be a potential move. There is support and a likely chance it won't stay down for long.
NYSE:LAD
by nicktussing77
🔮💰 MAGIC (MAGIC) - Awaiting a Potential Move Higher! 📈🚀📊 Technical Overview: MAGIC (MAGIC): Priced at $1.27 on the 12-hour timeframe. Appears to have retraced to a previous support area. Next resistance at $1.50. Stochastic RSI and RSI both indicate a potential reversal and move higher. 📈 Trade Strategy: Trade Opportunity: Awaiting a potential move higher. Next Resistance: $1.50. 🚨 Note: Market dynamics may influence outcomes. Awaiting the magic to unfold! 🔮🚀 #MAGIC #TradeAnalysis #Cryptocurrency 📊💹
Long
by Richtv_official
MAGIC/USDT Break out of resistance level. Bullish Momentum ??💎MAGIC has undeniably garnered significant attention in the market. Currently, it is breaking out of a local resistance level, and there is the potential for a retesting phase, primarily at the support level that was previously a resistance at 1.315. 💎 If the retest proves valid, the price is likely to bounce from this support and continue its upward trajectory. The next significant challenges lie in the bearish OB and supply area. Breaking out of this area would confirm a bullish trend in the mid-term, and the price could probability reach our target zone. 💎 The overall chart pattern appears to be forming a rounding bottom, which is typically considered a bullish pattern. However, if MAGIC fails to bounce when retesting the support, there is a potential for a downward movement, leading to a retest of the bullish trendline. 💎 This level is crucial, and a bounce is required to maintain the bullish stance. Breaking below the bullish trendline would signify a significant trend change, with the next potential support being in the demand area. 💎 The demand area represents the last level of bullish support. A bounce at this level is essential to sustain the bullish momentum. Failure to do so could result in a continuation of the downward movement, eventually reaching the bottom support area.
by MyCryptoParadise
MAGIC/USDT LAST SCENARIOI would like to share the latest status of our chart and explain why I didn't enter at the previous levels of $0.76-$0.77. Since my target for this coin is over 30%, my priority is to enter positions with minimal risk to safely carry the position. What caught my attention, thanks to my alerts, was the consistent approach to our initial levels without breaking through. Currently, it has established that region as a support level. A break below that region would mean taking more than a 10% risk for me. Considering the target we have in mind, this isn't ideal. Those who wish can still enter from these levels gradually. However, for me, entering from the green area starting at $0.65, as you can see in the chart, seems much safer. With my alerts active, placing orders when it reaches that point and waiting for the targets to be achieved is the most prudent strategy. I hope we achieve maximum gains with minimum risk.
Long
by Entra_Academy
MAGIC/USDT AnalysisI'm excited to share an analysis on MAGICUSDT that appears quite promising. Currently on a bullish trend with consistent buy signals, Magic seems poised for an intriguing move. Taking into account recent Bitcoin movements, our projection places Magic in the highlighted zone captured in the attached photo, roughly ranging between $0.76 to $0.77. Trade Plan: Target Price: $0.76 - $0.77 Expected Gain: 30%+ Risk Management: 5% The risk-reward ratio is meticulously set at 5% risk for a potential gain exceeding 30%, a risk deemed acceptable given the current market conditions. For a detailed look at the potential stop scenario, please refer to the attached photo. It's important to clarify that this isn't financial advice but an analysis we believe deserves consideration. As always, your individual decision-making is crucial. Whether you choose to join the position or not, it should align with your own assessment of the market. Wishing everyone a profitable trade!
Long
by Entra_Academy
🚀 Magic USDT Long Signal - Awaiting the Perfect Entry at 0.4896🕒 Entry Strategy: Exercise patience for the optimal entry point at 0.4896 ⏳ 📊 Pair: MAGIC/USDT 📈 Position: Long 🎯 Entry Price: Wait for the opportune moment at 0.4896 🎯 🎯 Profit Targets: Target 1: 0.4977 Target 2: 0.5125 Target 3: 0.5323 Target 4: 0.5661 ⛔ Risk Management: Safeguard your trade with a Stop Loss at 0.4707 ⛔ This trade beckons for precision and rewards the vigilant. May the magic unfold in your favor! 🌠🔮📈💼🚀🌟
Long
by Bitxer_PK
Just The Magic Idea!Hi traders... BINANCE:MAGICUSDT CRYPTO:MAGICUSD KUCOIN:MAGICUSDT ⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices. ✅ Feel free to reach me out with any questions or recommendations. I am more than willing to assess and analyze any currency pair or index that piques your interest.
Long
by Arash-RK
MAGIC/USDT Technical Analysis: Potential for a Bull RunMAGIC/USDT Technical Analysis: Potential for a Bull Run Introduction: In the world of cryptocurrency trading, it's essential to keep a close eye on the charts and trends. In this technical analysis, we'll take a look at OMXTSE:MAGIC and its current trading position at $0.556. Chart Analysis: As illustrated in the chart, #Magic is currently trading near a long-term resistance trendline. This is a crucial point to watch closely as it may have significant implications for the future price movement. Bull Market Potential: If #MAGIC/USDT breaks upward and closes above the trendline, there's a strong possibility that Magic will enter a long-term bull market. This could potentially lead to substantial gains, with a target range of $5 to $10 in the next bull run from #MAGIC. Accumulation Opportunity: On the other hand, if the trendline proves to be a strong resistance and is rejected, it might present an excellent accumulation opportunity. In this scenario, we could see the price retracing to around the $0.3 to $0.4 level. Key Price Levels: Resistance Levels to Watch: $0.65, $0.80, $1.08, $2 Support Level: $0.45 Conclusion: The #MAGIC/USDT chart is currently at a critical juncture. A breakthrough above the resistance trendline could pave the way for a substantial bull market, while a rejection could offer a last chance to accumulate at lower levels. It's vital for traders and investors to monitor these key price levels closely to make informed decisions in this dynamic market. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Cryptocurrency markets are highly volatile, and it's essential to conduct your research and consult with a financial advisor before making any investment decisions. Thank you.
Long
by CryptoPatel
3
MAGIC ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MAGIC symbol. This analysis is the diametric F wave of the big D wave of the previous analysis. In fact, this is a zoomed-in analysis of the previous analysis Wave F from D, which is a diametric, has not finished yet, and I think we should move towards two announced targets from SWAP or OB. Note: The structure of the previous analysis, which is 1D time frame, is valid 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
Long
by behdark
2