Hello everyone, let's take a look at the 4H GMT 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 - $ 0.8455
T2 - $ 0.8956
T3 - $ 0.9363
T4 - $ 0.9802
and
T5 - $ 1.0342
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.7665
SL2 - $ 0.6708
and
SL3 - $ 0.54987
Looking at the CHOP indicator, we can see that in the 4H range the energy is depleted and the MACD indicator shows a downward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.8455
T2 - $ 0.8956
T3 - $ 0.9363
T4 - $ 0.9802
and
T5 - $ 1.0342
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.7665
SL2 - $ 0.6708
and
SL3 - $ 0.54987
Looking at the CHOP indicator, we can see that in the 4H range the energy is depleted and the MACD indicator shows a downward trend.