MITO / TetherUS
Long
Updated

MITO Buy/Long Setup (3H)

147
Be sure to manage your risk carefully; this coin is new and has high volatility.

Good cleanups are visible on the chart, and the price is currently moving within a range between the swing highs and swing lows.

If the price reaches the green zone, we can look for buy/long positions. Note that this setup is intended for buy/long positions, not for sell/short trades.

The targets are marked on the chart.

A 3-hour candle close below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
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MITO New Update (1H)

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