Long
MIR bottomed out
MIR is showing strength and this might be the bottom for the accumulation to start a new trend. Candle patterns do not validate just yet, but RR ratio seems fine to me.
$3.30-3.60 area needs to break and it will become a huge support for the new buyers. Stop should be around $2.80 to limit the risk.
There is a huge upside potential with three conservative targets marked in the chart. Expect choppiness around $5.20.
If you don't know anything about Mirror Protocol I suggest you to go to their website and do some research beforehand.
$3.30-3.60 area needs to break and it will become a huge support for the new buyers. Stop should be around $2.80 to limit the risk.
There is a huge upside potential with three conservative targets marked in the chart. Expect choppiness around $5.20.
If you don't know anything about Mirror Protocol I suggest you to go to their website and do some research beforehand.
Note
S/R flip in progressNote
S/R flip failed. will try again definitelyTrade closed: stop reached
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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.