🚀Fast Scalping Operation
#MAGIC Scalping setup on the 4h chart
The MAGIC/USDT pair presents an ideal technical setup for fast scalping trades, up +7.12% and trading at 0.0903 USDT (R$ 0,49).
Short-Term Trend: The SAR indicator (0.0800) remains below the candles, confirming immediate support and short-term buying momentum.
Momentum: The RSI (6) is at 74.93, indicating strong upward pressure and requiring close attention due to its proximity to the overbought zone.
MACD: The lines have crossed upward, with a green histogram supporting the current buying pressure.
Targets and Risk Management: The price recently tested the high at 0.0912 USDT. For scalpers, it’s best to monitor the order book and set a strict stop loss to safely capture small price swings.
Warning: Scalping involves high risk due to rapid volatility. I use the OCO order.
#MAGIC Scalping setup on the 4h chart
The MAGIC/USDT pair presents an ideal technical setup for fast scalping trades, up +7.12% and trading at 0.0903 USDT (R$ 0,49).
Short-Term Trend: The SAR indicator (0.0800) remains below the candles, confirming immediate support and short-term buying momentum.
Momentum: The RSI (6) is at 74.93, indicating strong upward pressure and requiring close attention due to its proximity to the overbought zone.
MACD: The lines have crossed upward, with a green histogram supporting the current buying pressure.
Targets and Risk Management: The price recently tested the high at 0.0912 USDT. For scalpers, it’s best to monitor the order book and set a strict stop loss to safely capture small price swings.
Warning: Scalping involves high risk due to rapid volatility. I use the OCO order.
