Hello everyone, let's take a look at the 4H DOGE 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 = $ 0.06224 T2 = $ 0.06287 T3 = $ 0.06338 T4 = $ 0.06386 and T5 = $ 0.06457
Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.06138 SL2 = $ 0.06058 SL3 = $ 0.05992 SL4 = $ 0.05924 and SL5 = $ 0.05827
Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, while the MACD indicator shows a local downward trend.