XRP - USDT on 4H interval Targets and Stoploss
Hello everyone, let's take a look at the 4H XRP 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 = $ 0.4000
T2 = $ 0.4082
T3 = $ 0.4143
T4 = $ 0.4208
and
T5 = $ 0.4294
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.3899
SL2 = $ 0.3844
SL3 = $ 0.3806
SL4 = $ 0.3762
and
SL5 = $ 0.3699
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.4000
T2 = $ 0.4082
T3 = $ 0.4143
T4 = $ 0.4208
and
T5 = $ 0.4294
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.3899
SL2 = $ 0.3844
SL3 = $ 0.3806
SL4 = $ 0.3762
and
SL5 = $ 0.3699
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
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