Descending 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
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
I chart on Tradingview: www.tradingview.com/symbols/BTCUSD/?aff_id=25106
I hold crypto on Ledger Hardware: shop.ledger.com/?r=9f683f228f19
I find value in the data from LuxAlgo:
www.luxalgo.com/pricing?rfsn=6252565.5f61bd
I hold crypto on Ledger Hardware: shop.ledger.com/?r=9f683f228f19
I find value in the data from LuxAlgo:
www.luxalgo.com/pricing?rfsn=6252565.5f61bd