MAGIC BOUNCED 16 PERCENT ONE DAY AFTER A BRUTAL 30 PERCENT CRASH
This is the wildest chart on Binance right now
MAGIC crashed 30 percent and topped the losers board
Twenty four hours later it is up 16 percent and leading the gainers
Volatility like this does not happen by accident
MAGIC is the token of Treasure the gaming ecosystem
Gaming tokens trade on pure emotion and leverage
It sits around 12 cents after this rollercoaster
Yesterday sellers are becoming today buyers
My take as an analyst?
This is a volatility beast not an investment
Trade the range and never marry the coin
I expect more violent swings in both directions this week
Size small or stay out completely
Do you trade these violent rebounds or do they scare you off
$MAGIC
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Binance
This is the wildest chart on Binance right now
MAGIC crashed 30 percent and topped the losers board
Twenty four hours later it is up 16 percent and leading the gainers
Volatility like this does not happen by accident
MAGIC is the token of Treasure the gaming ecosystem
Gaming tokens trade on pure emotion and leverage
It sits around 12 cents after this rollercoaster
Yesterday sellers are becoming today buyers
My take as an analyst?
This is a volatility beast not an investment
Trade the range and never marry the coin
I expect more violent swings in both directions this week
Size small or stay out completely
Do you trade these violent rebounds or do they scare you off
$MAGIC
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Binance