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andypro16

0.382 heavy resistance

Short
Magic/Tether (OKX:MAGICUSDT)  
andypro16 Updated   
OKX:MAGICUSDT   Magic/Tether
Trend Analysis Chart Patterns
6
0
trendanalysis chartpattern
Although the momentum is bullish, the strong resistance would lead to a retracement.
Comment:
Another scenario to $2.5 .
it depends on how your fib ratio line is drawn.
Do not short until strong reversal signal is out.
snapshot
Comment:
The magic of fib ratio!
Trade closed: target reached
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