Let’s assess the position of SHELL, which today I consider to be one of the main tools for working alongside MITO, regardless of the further market dynamics. First of all, on the weekly chart, purchase volumes have been left at 0.31 and 0.45, which are highly likely to have a retest in the long term. This will trigger a reaction similar to that of BMT and ENSO, which have similar signals. Such growth could bring up to 10–15X. This is not the first weekly candlestick in which an attempt to change the trend is forming.
On the daily chart, the attempt to change the trend is more obvious. Among the immediate targets are the buying volumes at 0.035–41 and 0.05–6, which should be considered as the main targets in the short term and as resistance when attempting to reach long‑term targets. At present, there is a high probability of consolidating above 0.35 by the end of the month. If a new quarter opens above this level, the growth may continue until the end of the year with a strong impulse. The main buying zone is 0.021–25; if it goes beyond the upper boundary, growth impulses are likely, with the aim of forming a trend. If the price falls below 0.021, the token becomes extremely oversold. This ensures a quick repurchase and a return to 0.025. The emission is very smooth, which means there will no longer be any pressure on the price, and the buying zone will not shift significantly. You can hold a position in this token together with MITO on a permanent basis, regardless of market dynamics, adding to the position if it briefly falls below 0.025.
You can also hold a position in CHZ together with MITO and SHELL; CHZ has broken away from strong support at 0.015 and is trying to form a trend towards 0.021–0.025. In addition, there is a signal on the weekly chart for a retest of 0.031, which will also be worked through.
