Magic: Higher Low, Falling Wedge & Bullish Continuation (1,046%)It seems like forever, but it is worth it because of the huge potential for growth.
The falling wedge pattern is a classic, we haven't been seeing that many recently and here we have one.
The initial breakout in April only lasted two weeks. MAGICUSDT peaked 21-April and started a long retrace, this retrace as always happens ends in a higher low. The candles formed a falling wedge pattern which can be used as a bullish reversal signal.
As the breakout from the pattern happens today, we can see trading volume going up. The highest volume since April. This high volume confirms this move being real and we can expect additional growth.
The following targets can be hit within 1-3 months. So these are huge numbers watch:
» $1.14 Gives 626%.
» $1.80 Gives 1,046%.
» $0.4759 Gives 203%.
These are great numbers, nice potential for growth. The last target can be hit short-term, within thirty days. It can be less.
Thank you for reading.
Your support is truly appreciated.
I hope we can continue to exchange for the long-term.
You give me attention, and I give you knowledge and great trading opportunities.
Namaste.
