MIR: What a great opportunity 5X potentialSimple chart guys, the support has been tested a few times and held well.
Price broke out of the channel and is trying to go up, the OBV is showing strength and the RSI has bullish divergence. The volume around the support has been increasing for the last few weeks.
If BTC doesn't do anything crazy, picking up some MIR as it tries to dip into the support zone will end up as profitable trade.
Cheers
Mirrorprotocol
$MIRMIR = Mirror protocol, under DEFI sector specifically for synthetic assets. This is under Terra LUNA.
Bottoming out play. Accummulate at the bottom sell at the 3 TPs - keep a little after TP3, don't sell all and ride the wave if it goes beyond.
$MIR breakout to $4.80-5?As you can see from the chart, $MIR just broke out of a falling wedge and retested the top of it as support. This leads me to believe the correction is over in the short term.
From here, there's a heavy amount of resistance in the high $3 range, however, I think that we can break through those levels on an impulse upwards.
I'm looking for price to revisit the green lines in the high $4 - $5 range if price can break through the resistance. That's where I'll personally take profit but in the chance that we can break those levels, the next targets are on the chart.
Need to flip S/R from low cap coin $MIRIf we can hold the resistance and flip the upper s/r, we might see $MIR going higher. Interesting since it is just a low cap coin.
#MIR MIRROR PROTOCOL 4H ChartMirror just did a retest on the trend line and it seems that it is getting supported. Fib extensions seem to show possibility of growth. Also RSI cool down and trendline re-test on the 4H Chart shows that possible move back up may be coming.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#MIR 1D Chart - Something BrewingDescending Triangle forming on Mirror Protocol (MIR). Price has already seen such a downturn since MIR has started trading. Let's see if it will turn around.
Keep in mind descending triangle pattern is a bearish pattern (generally speaking). But also remember this crypto hasn't seen a pump in a long time (feels like).
Lastly, RSI seems to be ready for a breakout out of the triangle formation.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
MIR (MIRROR protocol)-USDTEverything is ready for MIR to fly.
It only needs to break the strong resistance and close above it.
Also, RSI is going to break the bearish trendline, which is a sign of strength.
MIR (MIRROR protocol)-USDTStill, I kept my position and added to it in every dip.
I see a huge run soon.
mir tp :10.00
intry price :dear freinds >note that in order to enter the deal .the downward trend must be broken.
i hope we can make money together.
check out my past analysis and share this page with your friends ...
iranian: mara donbal konin va be dostan khod moarefi namaeed .tahlilhaye sabegh ra az nazar keyfiyat baresi konin
Mirror Protocol (MIRBTC) low is set, looking for 400%+Hi! dont forget to like&follow to get other bottom calls and long term big gain low risk trades!
Great fundamentals for this projects, price action quite detached from the market till now either in USDT pair.
we have a long wedge being broken now, forming a historic higher low
Daily RSI has formed a higher low while price was reaching a lower low - big bullish divergence
MACD inverting trend
MIR quotation is going to grow for the following weeks/months.
First target top of the wedge, +400% but more will come.
cheers,
Baked Finance
this is not investment advice. do your own research first.
MIRROR (MIR) - Trading PlanMirror saw a rejection from trend after recent signs of strength, though fortunately it is now sitting in a good accumulation zone (3.1-3). Depending on what happens with BTC in the next 24hrs and how MIR holds this zone, we might see a further sell off of the failed breakout buy those who recently entered the trade, which could take us down to lower dynamic supports in 2.9-2.8 range. MIR has shown strength against BTC recently, but short term it is likely weak after failed breakout
Personally I will start adding to my position in this accumulation zone if we see a good buy setup in this range. If price continues to break down, I will look for buy setups at the lower dynamic supports.
Long term profit target is $10
First major resistance at 3.5
Strong resistance zone 4.5-5.3 << strong moves beyond this range
Dump below 2.8 and wait for re-low test around 2.5 demand zone
📱MIR bottom is in? 1D-- MFI/RSI divergenceMIR is currently sitting in its all-time-lows area (in this chart). There's only 12% to ATL level (2.48) which makes this trade relatively safe for long term hodl (buy & forget). Don't expect anything crazy :)
Entry: buy now (current price) -- !!--SMALL AMOUNT--!!, maybe will add more once 3.5-3.6 is successfully reclaimed (we'll see how it goes)
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About MIR:
MIR is the governance token of Mirror Protocol, a synthetic assets protocol built by Terraform Labs (TFL) on the Terra blockchain.
Mirrored assets are blockchain tokens that behave like "mirror" versions of real-world assets by reflecting the exchange prices on-chain. They give traders the price exposure to real assets while enabling fractional ownership, open access and censorship resistance as any other cryptocurrency. Unlike traditional tokens which serve to represent a real, underlying asset, mAssets are purely synthetic and only capture the price movement of the corresponding asset.
Source: coinmarketcap
Mirror (MIR) - showing strength against BTC and 3.2 key levelMirror has shown strength breaking above key 3.2 level and holding (so far) recent breaks above this level have seen rapid selloffs once price trend is tapped. We saw this sell happen again from 3.30 and 3.33 but buyers have held the price above the 3.2 retrace so far, which has not happened with recent pumps. It is also holding this level against the BTC pull back, which admittedly is not effecting Alts as widely as the pre-ath pull backs, but still not to be ignored with MIR at this level
Things that might follow are a consolidation in this zone between global trend and 3.2, price will squeeze that global trend before attempt to break out
If BTC breaks below 60k, expect a return to lower green price trend
If BTC consolidates I think we can see MIR breakout soon
If BTC dumps possible re-low down to 2.5
Possible trading plans, accumulate around 3.2 dips with a stop loss a couple of percent below that 3.2 level (wicks will dip below on 1H), or wait for break out confirmation on 4H - it is still entirely possible that MIR retraces back to green price trend from here and remains bullish. But I am impressed it has held this 3.2 level so far
Round number profit targets loosely mapped in previous post. First would be 4.2-4.3
Pump Incoming Printed on Daily Mir USDTLooking for a good entry on Mir/usdt a Pump incoming signal printed on the daily, local support around 2.86 but it tends to wick.
will ladder in some longs between 2.90 and 2.70
Will place a sell order for half to 2/3s the position at 3.25 anticipating a wick upward....
IF
1A) A wick happens and takes out my sell order at 3.25 in the short term,
THEN
1B)I will take that and buy back in lower below $3.00 to build up more of the position and DCA down my entry prices... I will take the scalped profit from these wick sells and set aside for long term alt rally of 2 to 3X
HOWEVER IF
2A)the price does not quick wick to that entry but slowly and gradually builds toward that price .
THEN
2B) I will only sell 25% of position at 3.25 and move remaining of the position sell up to 3.75 or 3.8 and hope for a wick there to then rebuy back lower
Repeat Ifs and thens, till out of MIR to sell
CAN MIR BREAK THE RESISTANCE THIS TIME?$MIR is bullish and it seems like we broke the trend on RSI on daily tf! Retest of the strong resistance is going to happen, break it & go to $3.7 - $5+!
Fail to break will take us to support at $2.8.
Buying here is good R:R!
Give it a thumbs up guys :-)
Mirror protocol looking primedok were do I begin looking at the chart at the 4hr a inverse H$S forming EMA levels going to have a bullish cross.
Second of all Mirror protocol and Anchor protocol are the TERA LUNA blue chips of the ecosystem due a recent upgrade to Columbus 5 the erc-20 token is available on exchanges as Kucoin and gate.io but the tera mainnet version of the coin is not at the moment due the recent upgrade of the mainnet its suspended on the big exchanges trading it so imo when the tera mainnet version of the coin goes online again trading volume will rise again so its a cheap bargain atm and a big buy.
price levels are in the chart
also in the grand scheme of the chart it looks like a big bullish W forming.
Support at 2.74ish
MIR is the governance token for Mirror Protocol. MIR can be staked to receive voting privileges and to earn a share of the protocol's Collateralized Debt Position (CDP) withdrawal fees.
MIR was airdropped to UNI and LUNA holders. Currently it is distributed via yield farming to Liquidity Providers (LPs) of mAssets.
ANCHOR protocol is good for getting yield on your dollars +/-20% apy
MIR consolidation on key level/bull flagIf bulls manage to defend the key level (3.713) the price should attempt a breakout next. Otherwise we might fall down back to the bottom of the channel.
Entry: buy 3.8 -- 3.7
TP1: 4.057
TP2: 4.226
TP3: 4.431
TP4: 4.646
TP5: 4.939
TP6: 5.272 (~41%)
SL:
3.523 (~6%)
3.371 (~10%)
Remember about risk management, especially that BTC has been quite volatile lately.
#Mir is ready, buy it now Buy it now or miss the gains. Mir at support and ready to launch. Break of bull flag will give it a nice push.
$MIR very undervalued as compared to competitorsMIR is DeFi protocol that enable users to mind Mirrored assets just like SNX.
It is very undervalued as compared to competitors.
Technically it is on horizontal support level and forming double bottom pattern on 4H timeframe and we can see good jump from here so build your position in it for handsome profit in short term.
Mir quick 15% move is coming Look for MIR, we will see a quick 15% move in it very soon.
100 EMA is acting as a perfect support now