Mirror Analysis , MIR/USDT Update 📈📉
Updated
Hello traders, what's going on today ?!
Since 16 Feb 2022, that I posted the last analysis for Mirror protocol , it has been declining till now ,
actually it was able to breakout the downward trendline and even hitted the tp1 by recording a LH
over the pivot zone as a bull trap , but then massively slummed !( tp1 more than 80%💰 (1x)long).)
Also today as you see on the daily timeframe again for mirusdt , after a little consolidation phase , now it can attack the higher pivot zone and it it be able to overcome this zone , it can easily rise to the higher trend line and vwap line or maybe the volume gap zone, then it may reject again , but if it be able to breakout the trendline it can even see the higher resistance zone , but otherwise if it loses the current support zone it can even fall on the lower support lvls!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Since 16 Feb 2022, that I posted the last analysis for Mirror protocol , it has been declining till now ,
actually it was able to breakout the downward trendline and even hitted the tp1 by recording a LH
over the pivot zone as a bull trap , but then massively slummed !( tp1 more than 80%💰 (1x)long).)
Also today as you see on the daily timeframe again for mirusdt , after a little consolidation phase , now it can attack the higher pivot zone and it it be able to overcome this zone , it can easily rise to the higher trend line and vwap line or maybe the volume gap zone, then it may reject again , but if it be able to breakout the trendline it can even see the higher resistance zone , but otherwise if it loses the current support zone it can even fall on the lower support lvls!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Note
Nothing much changed for previous setup , mirror retested TP1 for 2 times, so now , it seems that overcame current support and pivot zone recently with a strong daily candle , and if maintains these 2 important key zone , will easily retest higher TPs!
Trade active
So if maintains 0.2 and have a weekly close on $0.25 , It Can at least touch Descending trend line or vwap line about volume gap in that case !Trade closed: target reached
..
🎯TP 1 55% ✅
🎯TP 2 155% ✅
🤑💰
It can have a pullback on the Pivot zone again before more growth!
Note
as long as it hold the support zone can have a more rise ,but otherwise if lose it can fall again !
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.