Brothers, I’m Brother Qiu! I just took a look at this MAGIC 1-hour chart. The price is walking on a tightrope on the upper Bollinger band. The market maker has set up a machine gun at 0.1776 above and buried a mine at 0.1365 below! Is it a soaring or a crash? Brother Qiu will show you!
Technical side: Three fatal signals and one escape hatch!
Death high voltage line: 0.1776
The pressure level is 0.1776, which is the gate of hell that the rebound in the past 3 days has been unable to overcome!
The main force’s pending orders are exposed: the right side of the market shows that there are tens of thousands of sell orders above 0.1577, and the dog dealer is clearly suppressing the market!
Current price: 0.1574
The price is stuck at the upper Bollinger band, and the MACD red column shrinks into a needle - a powder keg of market change!
Qiu Ge's formula:
"Bolin is on track and jumping wildly. If it doesn't break through, it will be hit by the blade!"
Long and short nuclear buttons:
Falling below 0.1570: It instantly turns into a short-selling slaughterhouse!
The volume broke through 0.1580: There is a chance to touch 0.1700, but if you want to break 0.1776, the main force will have to fight hard!
Ultimate escape hatch: 0.1365
If it really goes down, the support level of 0.1365 is the last line of defense. If it breaks here, it will go straight to 0.1200!
News: Quiet? The dog dealer is sharpening his knife!
On-chain undercurrents:
The address of a large investor placed an order for 100,000 coins at 0.1365, but no one is pulling up the price at the current price - it is obvious that it is an attempt to lure more buyers!
The lagging sectors:
The GameFi sector is collectively pretending to be dead, the leading company is not moving, and it is extremely difficult for MAGIC to break through alone!
Exchange tricks:
The statistics of liquidation show that short orders are lurking near 0.1570, and the main force is just waiting for the breakout to explode the longs!
Qiu Ge’s violent discussion: What should we do now?
Close your eyes multiple conditions (probability 20%):
① 1-hour volume breaks through 0.1580
② MACD Golden Cross + Above 0.1600 → You can lightly position to bet on 0.1700 (but you must sell at 0.1776)
No-brain empty condition (probability 80%):
① Fall below 0.1560
② If the pullback fails to reach 0.1574 → go short directly, the target is 0.1500→0.1365!
Life-saving tips:
"Brin is on the track as a stage, it's not about ascending to heaven but jumping off a cliff!"
Before the breakthrough, chasing the rise is like delivering food to the dog dealer.
The main force placed 4 orders of >500 MAGIC at 0.1576, but buried an invisible huge order at 0.1365!
It is obvious that the conspiracy of "selling at high positions and buying at low positions" is in fact true! Follow Brother Qiu and he will teach you what is a breakout and what is a
#我的交易风格
Do you think self-study is too slow? Click the avatar to get on board! In-depth research reports + sharp drop warnings, double your efficiency and save three years of detours!
$MAGIC
