$MAGIC coin
Twitter account: bitbull112
Coin name: Magic
SHORT
Price: .4478
(Enter on entry price)
The chart shows a descending triangle, which is a bearish pattern. Currently, Magic coin has touched the lower trendline (support). Once the price moves back up and touches the upper resistance trendline, it is likely to reverse and move downward again.
Additionally, BTC dominance (BTC.D) has broken out of a double-bottom W bullish pattern. This suggests that altcoins, might experience a decline as capital flows back into Bitcoin.
10x leverage isolated
Sl: .4613
Target:
1) .4352
2) .4291
3) .4200
4) .4100
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