MATIC / USDT 1D chart Targets and Stoploss
Hello everyone, let's look at the 1D MATIC to USDT chart. As you can see, the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.9158
T2 = $0.9619
T3 = $1.0112
T4 = $1.0759
and
T5 = $1.1616
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.8502
SL2 = $0.7964
SL3 = $0.7643
SL4 = $0.7393
and
SL5 = $0.6911
Looking at the CHOP indicator, we see that there is still a lot of energy for the next move on the 1D interval, while the MACD indicator indicates a downtrend.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.9158
T2 = $0.9619
T3 = $1.0112
T4 = $1.0759
and
T5 = $1.1616
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.8502
SL2 = $0.7964
SL3 = $0.7643
SL4 = $0.7393
and
SL5 = $0.6911
Looking at the CHOP indicator, we see that there is still a lot of energy for the next move on the 1D interval, while the MACD indicator indicates a downtrend.