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Magicusdtperp

MAGICUSDT may head up for resistance around 0.8336-0.8520The price is trading in a zone where it experienced free fall on the recent drop a few day ago. The next resistance for the price is 4h resistance 4HR1 as marked on the chart. This resistance zone sits around 0.8336-0.8520. The probability of the price to aim for this 4h resistance is high. Therefore a long is favorable here. However, there is a reasonable probability of the price to revisit the support zone below specially 4h support 4HS1 and probably 4HS2. Therefore, a better entry for the long would be those levels.
Long
by angela_altair
MY BIAS ON MAGICUSDT FOR SHORTMagicusdt 15M TF Analysis , For This TF My Bias Is Short As It Tested 15M Supply Zone And Got Rejected Creating Fair Value Gap And Created Divergence On 5M TF RSI.Break Of Stracture Happened On 5M TF,Before Breaking Grabbed Multiple Liquidity.Support Got Broken And Later Acting As Resistance ,Resistance Acted As Support For A Short Time But Eventually Got Broken.I Am Gonna Focus On Premium Zone For Entry.And There Are Some Liquidity Resting On Upside Thats why I Am Thinking it will go up and take them and tap into my entry. i am gonna have two entry FIRST ENTRY ENTRY - 0.9241 SL - 0.9375 TP- 0.8923 RR - 1:2.37 SECOND ENTRY ENTRY - 0.9294 SL - 0.9400 TP- 0.8923 RR - 1:3.5 MEXC:MAGICUSDT.P
Short
by MARUFMEHRAB
2
Magic Buy TradeHere is My Study on Magic. According to my study. Magic has just now Finshed the Retracement. And Ready to Jump Up. Welcome to my channel! Here you'll find daily technical analysis of the latest trends in the crypto market. From Bitcoin to altcoins, I'll be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution.
Long
by MoonTradingForecast