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 = $ 0.06843
T2 = $ 0.07035
T3 = $ 0.07241
T4 = $ 0.07513
and
T5 = $ 0.07849
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.06391
SL2 = $ 0.06040
SL3 = $ 0.05544
and
SL4 = $ 0.04919
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy for the next move, while the MACD indicator shows a local upward trend.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.06843
T2 = $ 0.07035
T3 = $ 0.07241
T4 = $ 0.07513
and
T5 = $ 0.07849
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.06391
SL2 = $ 0.06040
SL3 = $ 0.05544
and
SL4 = $ 0.04919
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy for the next move, while the MACD indicator shows a local upward trend.