Hello everyone, let's take a look at the 15M DOT to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 8.64
T2 = $ 8.67
T3 = $ 8.70
T4 = $ 8.73
and
T5 = $ 8.76
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 8.57
and
SL2 = $ 8.51
Looking at the CHOP indicator, we can see that there is a lot of energy in the 15M range, while the MACD indicator shows a local downward trend.
Let's start by setting goals for the near future that we can consider:
T1 - $ 8.64
T2 = $ 8.67
T3 = $ 8.70
T4 = $ 8.73
and
T5 = $ 8.76
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 8.57
and
SL2 = $ 8.51
Looking at the CHOP indicator, we can see that there is a lot of energy in the 15M range, while the MACD indicator shows a local downward trend.