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 downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4718
T2 - $ 0.4768
T3 - $ 0.4830
and
T4 - $ 0.5008
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4611
SL2 - $ 0.4524
SL3 - $ 0.4453
SL4 - $ 0.4382
and
SL5 - $ 0.4284
Looking at the CHOP indicator, we can see that in the 4H range, energy has been used, while the MACD indicator shows a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4718
T2 - $ 0.4768
T3 - $ 0.4830
and
T4 - $ 0.5008
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4611
SL2 - $ 0.4524
SL3 - $ 0.4453
SL4 - $ 0.4382
and
SL5 - $ 0.4284
Looking at the CHOP indicator, we can see that in the 4H range, energy has been used, while the MACD indicator shows a local downward trend.