MAGIC Rebuy Setup (4H)This analysis is an update of the analysis you see in the "Related publications" section
The price didn’t reach our red zone for entering a Sell/Short position, but the trend reversal outlook on MAGIC was correct.
We are now looking for a potential Buy/Long position near the support zone.
We will
MAGICUSDT UPDATE
MAGIC Technical Setup
Pattern: Symmetrical Triangle Breakout
Current Price: $0.2253
Target Price: $0.290,
Target % Gain: 30.06%
Technical Analysis: MAGIC has broken out of a symmetrical triangle on the 4H chart with a strong green candle and volume spike, signaling bullish momentum and a pot
MAGIC – Building Energy for the Next Move?Hey traders!
#MAGIC has shown strong volume over the past few days, and now it's consolidating sideways – hovering just above a key support zone. This kind of setup often signals that a bigger move is brewing... but which way?
Here’s what we’re watching:
✅ Support holding firm – buyers seem to
#MAGIC/USDT#MAGIC
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support
What is Mapping?The discrepancy between mapping and the real-time market is almost zero.
This is pure luck, nothing else.
What is Mapping?
Mapping is a method of projecting outcomes based on reading current and historical real-time data. To achieve accurate mapping results, you need a system that correctly id
MAGICUSDT The rally is a bull trap before the fallThe rally may be stopped in the zone 0.2633 - 0.2796.
An attempt to retest the upper resistance zone is possible, but the very fact of consolidation below these levels will confirm a false breakout, which may affect further decline
Scenario: false breakdown, consolidation below 0.2510 - 0.2633 wi
MAGIC Sell/Short Setup (1D)The symbol MAGIC has started a strong momentum towards the Supply zone. Since there haven't been significant pullbacks during this powerful move, and the supply zone is fresh and untouched, a price rejection is expected. If the price reaches the supply zone, we anticipate a rejection and will be loo
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.