Hello everyone, let's take a look at the 4H CRO to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 296
T2 - $ 298
T3 - $ 300
T4 - $ 302
and
T5 - $ 304
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 307
SL2 - $ 304
SL3 - $ 302
SL4 - $ 300
and
SL5 - $ 297
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows that the local trend may change to a downward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 296
T2 - $ 298
T3 - $ 300
T4 - $ 302
and
T5 - $ 304
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 307
SL2 - $ 304
SL3 - $ 302
SL4 - $ 300
and
SL5 - $ 297
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows that the local trend may change to a downward trend.