For Mirror Protocol we will focus on one strong signal...
Notice the huge Doji on the 19-Dec. session. A Doji can signal an upcoming reversal when it appears at the end of a trend after confirmation.
Here this huge Doji came at the bottom of a drop, it marked a new low and even though MIRUSDT has been struggling it managed to break, close and stay above EMA10 for the past 4 weeks.
MIRUSDT is also trading above the June 2022 low which is the main support level found after the cryptocurrency market capitulated.
So two strong signals we have here.
Any trading above these levels activates strong bullish potential... 100% first, 330% next and finally 800%+ mid-term.
I know it sounds like a lot, mid-term for us is within 1-3 months, but notice the many altcoins that are growing by 2 digits in a single day, just to produce their initial bullish breakout. Hundreds have grown by 3 digits in a matter of weeks... Some are already up there in the 300-400% growth range in 1-2 months.
So it is possible... But you need to plan and do your own research before trading.
This is not financial advice. This is my view of the charts.
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