Mirror on Coinbase Pro! Is the top in or is there more upside?
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I wanted to put out an idea on MIR for quite some time, but because I did a video on youtube and included it... I didn't. I've done this with several coins and overall have tried to put out proper gems in here, like smaller coins and not just stuff everyone talks about... but that doesn't seem to be what people want so I need to balance stuff out.
In my opinion MIR has a lot of potential. Despite the inflation I think it looks good. Most of the price action in the 9-13$ range has been because of listings and additions. First it was Coinbase Custody, then Binance, then Huobi and now Coinbase Pro. MIR is essentially at ATHs vs BTC and almost at ATHs vs USD. I think after the addition it won't dump, but actually have a nice pump. Initially a pullback down 10.8 would be an incredible opportunity to buy the dip with the expectation to ride it up to 20$. However even buying here isn't a bad idea, as I think the liquidity after the listing will make it go higher.
Worst case it dumps to where I have currently set the stop loss. It might be a little aggressive as all the way down to the trendline it is good for buying.
In my opinion MIR has a lot of potential. Despite the inflation I think it looks good. Most of the price action in the 9-13$ range has been because of listings and additions. First it was Coinbase Custody, then Binance, then Huobi and now Coinbase Pro. MIR is essentially at ATHs vs BTC and almost at ATHs vs USD. I think after the addition it won't dump, but actually have a nice pump. Initially a pullback down 10.8 would be an incredible opportunity to buy the dip with the expectation to ride it up to 20$. However even buying here isn't a bad idea, as I think the liquidity after the listing will make it go higher.
Worst case it dumps to where I have currently set the stop loss. It might be a little aggressive as all the way down to the trendline it is good for buying.
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