Hello everyone, let's take a look at the 4H ADA to USDT chart as you can see the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4247
T2 - $ 0.4266
T3 - $ 0.4282
T4 - $ 0.4299
and
T5 - $ 0.4322
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4221
SL2 - $ 0.4203
SL3 - $ 0.4185
SL4 - $ 0.4158
and
SL5 - $ 0.4125
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4247
T2 - $ 0.4266
T3 - $ 0.4282
T4 - $ 0.4299
and
T5 - $ 0.4322
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4221
SL2 - $ 0.4203
SL3 - $ 0.4185
SL4 - $ 0.4158
and
SL5 - $ 0.4125
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local downward trend.