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Mirror

MIR/USDT As a Hold This BullrunBTC conditions are a bit shaky right now, but I like this entry in MIR as a hold. TA wise we can see a symmetrical triangle forming which is a continuation pattern, bullish divergence forming on both RSI and stoch RSI, and price consolidating relatively near the all time high during a time when most other altcoins have dropped 20-30% due to BTC. FA wise MIR has quietly reached $1.5 billion TVL with no major shilling or hype. As a synthetic asset platform its only viable competitor is SNX which despite being well over a year old, only has one synthetic asset even available, a clunkier UI, and higher fees due to it being solely ERC-20 based. Meanwhile, MIR has all of the FAANG stocks available, multiple synthetic ETN's (USO, SPY, QQQ, SLV, IAU), and more likely to come. All in the span of 3 months. Pools on the platform seem to be averaging 90-110% APR, and even more if you compound daily. Additionally, it's a significant part of the Terra ecosystem, which clearly has exploded in hype as LUNA significantly outperformed the market in the last month. When TA and FA come together in the same coin during a bullrun, you buy. As a trade, stoploss/invalidation would be a candle close within the orange box thus invalidating the bullish market structure.
MLong
by gumbowizard
6
BTCUSD- W1 - MIRROR EFFECTW1 : Global picture is showing a "mirror effect" in progress. Last week price action triggered a long black candle (bearish engulfing pattern) which filled the 23.6 % Fibonacci retracement @ 45491 (3850-58354) and reached an intra-week low of 43021 ! After this sharp downside, it was more than likely to see some recovery which took place in pushing up the BTC towards a high, so far of 46875, which globally should still be seen as an "healthy" corrective move in a still a broad bear trend ! In order to neutralise this ongoing bearish price action, in W1 , we need to see a move which should break, at least the level of 51362, which is the middle of the bearish engulfing pattern). Watch D1 for clues Have a nice week
BITSTAMP:BTCUSD
by Ironman8848
3
Buy the dip on $LULU after earnings?If past movement are not a guaranteed for future result, i did not get that memo... Because as it happened in the past, again $LULU had amazing earnings, beating both revenues and earnings and yet share are down more than 5% as this morning. Here some number: Revenue increased 22% to $1.1 billion Comparable sales increased 19%, or 18% on a constant dollar basis Diluted EPS of $1.10, Adjusted EPS of $1.16 IMO demand for athletics clothing will continue to rise. The mirror acquisition will guaranteed $LULU to take a piece of the pay from other player like $PTON and $APPL during lockdown orders. Why am I bullish? On a technical prospective it seems to be holding well around 345-348 price. There are multiple factors for that: 1. Support at around 361$, 344$ and 325$. It seems to be holding at 348$ for the moment. If it does not, will be looking to buy at 325$. 2. Trend line still in up trend. It intersect quite well with support at 348$. That is why I bought some shares 3. Fibonacci retracement: also at around 348$ price. Usually where there are multiple convergence of factors at once, stocks tend to do well. In addition many analysts raise PT and reiterate their buying ideas. AGAIN, past movement are not indication for FUTURE price actions. But $LULU seems to different :) Time will see. This is not an investment advice. Do your own due diligence before investing.
NASDAQ:LULULong
by aristocks
5
Amazon. P-Modeling Pt 1. Cyclic Mirroring of Cajuns Welcome Hyperspace Travelers, This one was a little interesting to decode, but i think I found its next cycle reset. Probably not, but hey you never know :). I think everything is doomed to reset, so don't mind me.. This simulation we live in is fun. I can't complain. Trial and Error. Failure is a necessary component of success. See root sequence at 0. Slope defined? Unknown? Injunction of new sequence where marked? Mirror of Cycle? Unknown. Fits the narrative with Tesla as well ----> Capitulation to S&P500 : Bullrun to DXY: No it will not follow the laid fractal exactly, it is merely a rough estimate of the path for it to follow on a string. A string of information is the gateway between what's classic and what's quantum. Crazy times.... Stay safe... Thanks for Pondering the Unknown with Me, Glitch420
NASDAQ:AMZNShort
by Glitch420
12
CHK - Cheskapeake - Mirror? $CHKIn mid to end may we saw a pretty perfect mirror of CHK's stock and while further analyzing the current trend it looks like we may be due for another mirror. There is an obvious BK concern with CHK however i feel this is the continuation of their dead cat bounce - but with a very direct purpose = driven by institutional owners to offload the stock at a decent price. As of last week we saw the Carlyle group and affiliates dump the stock in very attractive fashion, I believe they only need to hype the stock up a bit more to get it to follow this expected path. Stay protected.
CLong
by samalik1987