MAGIC has been forming this symmetrical triangle pattern for over 32 days, that's more than a month of consolidation!Price is squeezing tighter inside the range, and a breakout is getting closer.
If it breaks above the upper trendline with volume, we could see a move toward $0.22–$0.28 🚀
This setup is worth watching closely, long consolidation often leads to strong moves.
Retweet if you're bullish !!
#MAGIC #Alts
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Register on weex and trade with me: 👇
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.