MITO New Update (1H)This analysis is an update of the analysis you see in the "Related publications" section
Be sure to manage your risk carefully; this coin is new and has high volatility
We have changed our view on this coin; it hasn’t reached our analysis entry zone yet!
Since it didn’t touch our zone and moved upward, forming and breaking out of a trendline, we’ve updated our perspective.
If there’s a pullback to the red zone, a sell/short position can be considered.
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
Thank You
MITOUSD
MITO Buy/Long Setup (3H)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
Thank You

